OpenPages and ABS Consulting Team to Provide Comprehensive Operational Risk Management Data Solution November 14, 2006
ABSG Consulting Inc. ("ABS Consulting") through its division ABS Corporate Solutions and subsidiary, EQECAT, Inc. and OpenPages announced today an alliance that will provide organizations with a complete enterprise risk management framework for understanding the breadth and depth of business risks.
Credit Union Central Of British Columbia To Use EQECAT's WORLDCATenterpriseT Earthquake Modeling November 9, 2006
EQECAT, Inc., the leading authority on extreme-risk modeling, and analysis for catastrophe bonds and other insurance-linked securities, today said Credit Union Central of British Columbia (Central), the credit union system’s trade association and central banker and its captive insurer CUPP Services Ltd. in British Columbia, have signed a licensing agreement to use EQECAT’s CanadaQUAKE™ model, part of its WORLDCATenterprise™ catastrophe management software suite, to optimize insurance placements and evaluate system risk. Financial terms of the agreement were not disclosed.
EQECAT Opens Help Desk For North American Users November 1, 2006
EQECAT opened its Help Desk for North American software users on November 1, 2006. The Help Desk toll free number is 1-866-343-6137 (international line: 1-718-252-6404) and the hours are from 8:00 am to 5:00 pm eastern standard time, Monday to Friday.
EQECAT Provided Risk Analysis Support For $1.9 Billion Catastrophe Bond Transactions In First Eight Months Of 2006 September 12, 2006
EQECAT Inc., an affiliate of ABSG Consulting Inc. (“ABS Consulting”), and the leading authority on extreme-risk modeling, and analysis for catastrophe bonds and other insurance-linked securities, announced today that during the first eight months of 2006 it conducted seven risk analysis projects for catastrophe bond transactions totaling $1.9 billion.
EQECAT Plans Release Of Upgraded German Flood Model -
Fully Probabilistic Model To Be Released In Late June 2006 May 24, 2006
EQECAT, Inc., the authority on extreme-risk modeling, plans to release in late June an upgraded version of its German flood model, part of its EuroFlood™; platform, enabling the European and international insurance industry to more effectively manage flood exposures there, James Webb, EQECAT product manager, told clients at EQECAT's 2006 Catastrophe Management Conference this week, in Amsterdam, The Netherlands.
Hurricane Forecast Increases Importance Insurers Place
On Catastrophe Risk Models, EQECAT Says April 3 , 2006
The widely accepted forecast of more frequent and severe hurricanes in the Atlantic Ocean, Caribbean Sea, and Gulf of Mexico for the next decade or more is increasing the importance that insurers, reinsurers, corporations, and government entities are placing on catastrophic risk models, Rick Clinton, president, EQECAT, Inc., the authority on extreme-risk modeling, has told clients in advance of the 2006 hurricane season which starts June 1.
Gallagher Re Signs Licensing Agreement For Use Of EQECAT’s WORLDCATenterprise™ Modeling Capabilities March 9, 2006
EQECAT, Inc., the leading authority on extreme-risk modeling, said today Gallagher Re, a leading reinsurance intermediary, has signed a licensing agreement to renew use of EQECAT’s USWind, USQuake and US WinterStorm models, part of the WORLDCATenterprise™ catastrophe management software suite, to better manage client portfolio exposures to these perils.
SCOR Selects EQECAT’s WORLDCATenterprise™ Software For Worldwide Catastrophe Modeling January 17, 2006
EQECAT, Inc., the leading authority on extreme-risk modeling, said today that SCOR, one of the world's leading reinsurers, has chosen EQECAT’s WORLDCATenterprise™ catastrophe management software to enhance their assessment of catastrophe risks in 88 countries.