|[November 12, 2012]
EQECAT Announces New Catastrophe Risk Consulting Offerings
OAKLAND, Calif. --(Business Wire)--
Leading catastrophe modeling firm EQECAT and its consulting services
group have announced new catastrophe risk consulting services for the
re/insurance, financial, and corporate markets.
New portfolio risk analysis offerings include U.S. Flood Portfolio
Analysis and Mortgage Impairment Risk Analysis. EQECAT's consulting
services group provides flood
risk analysis for the United States at the site and portfolio levels
based upon the latest flood modeling methodologies. Mortgage
Impairment Risk Analysis provides residential mortgage lenders and
investors in mortgaged assets with insight into the probability of
mortgage default based on the occurrence of natural catastrophe losses.
In addition, EQECAT has added consulting services to allow clients to
maximize the value of their catastrophe modeling investment. These
consulting services include Model Blending, Integration Services, and
Turn-key Solutions. Model Blending combines different views of risk for
the same set of peril/exposre (typically from different vendor cat
models) or combines different modeled views of risk from independent
Services support the integration of the RQE™ (Risk Quantification &
modeling platform within a client's business environment. Lastly,
Turn-key Solutions enable licensees to fully utilize EQECAT models and
platforms immediately upon installation or upgrade.
Kent David, vice president of consulting services at EQECAT, commented,
"These new offerings build on EQECAT's history of providing the market
with industry leading insight into natural catastrophe risk. By
expanding our array of consulting services, we are able to provide
clients with the EQECAT view of risk across additional areas, allow
clients to maximize the value of their investment, and help clients set
rational expectations about risk."
Learn more about EQECAT's Catastrophe
Risk Consulting Services or view the press
EQECAT connects re/insurance and financial services clients with the
world's leading scientific minds to quantify and manage exposure to
catastrophic risk. Leveraging decades of experience, EQECAT's
comprehensive methodology is distinguished by a unique treatment of
uncertainty that helps clients set rational expectations about risk.
RQE, EQECAT's new catastrophe risk modeling platform, will provide
enhanced functionality and user experience with a new financial model,
import workflow and user interface. Increased analytical speed, expanded
reporting and improved integration capabilities provide clients with
increased transparency and faster access to results for 180 natural
hazard software models for 96 countries spanning six continents.
EQECAT, Inc., a subsidiary of ABSG Consulting Inc., was founded in 1994
and is headquartered in Oakland, California.
For more information, contact:
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