Xceedance Catastrophe Modelling Services
Xceedance announced the availability of On-Demand Catastrophe Modelling Services, using the Oasis Loss Modelling Framework.
A spokesperson said, “The offering comprises several global and regional catastrophe modelling companies that implement models on the Oasis platform. It delivers modelling services on-demand to the insurance industry — with no annual licensing requirements from each modeller, no requirement to use proprietary platforms, and with the flexibility to choose peril models from across a community of expert model providers.
“Model providers currently include Ambiental, Applied Research Associates, CatRisk, COMBUS, CoreLogic, ERN/RED, Fathom, Impact Forecasting, and JBA Risk Management.
“With On-Demand Catastrophe Modelling Services, insurance organisations can get comprehensive cat and exposure analytics, delivered to them by an experienced team of Xceedance analysts— all in one reliable package,” said Justin Davies, EMEA region head at Xceedance.
“Re/insurers and brokers don’t need to spend time or resources on modelling. They don’t need to invest in infrastructure. And, they can concentrate on writing business and serving their policyholders.”
