MODELING & DATA PROVIDERS
Who service the industry
Quantify and Manage risk.
Modeling Software Providers
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, ESG and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses.
In an increasingly risky world, insurers and reinsurers need more sophisticated tools to quantify and manage the risks facing their businesses. Impact Forecasting, Aon Benfield’s catastrophe model development centre of excellence, enables firms to analyse the financial implications of catastrophic events and achieve a greater understanding of their risks.
Increasing uncertainty to catastrophic events is challenging the insurance industry to revisit existing catastrophic risk management and loss adjustment strategies by improving the overall understanding of all natural hazards.
Our suite of more than 180 catastrophe models covering over 95 territories incorporates the latest scientific research, deep engineering knowledge, and a breadth of claims and exposure data to produce a unique and innovative view of global catastrophe risk—all available via a variety of flexible delivery options, including API integration, on-premise, cloud or professional services.
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CoreLogic’s position as the key provider of US property characteristics also allows us to provide unique, up to date and accurate insights which inform risk selection and pricing at the point of underwriting.
Nasdaq Risk Modelling for Catastrophes, previously known as ModEx, is the first independent multi-vendor catastrophe (cat) risk modelling platform for the re/insurance industry. Powered by the Oasis Loss Modelling Framework and delivered as a service, it offers a new and cost-effective way for firms to meet their modelling requirements.
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The Nasdaq Risk Modelling service creates an ecosystem where model vendors can make their models, hazard data and analytics available to the industry via a single platform. We work with vendors from all over the world to improve the quality and choice of models and services available in the market.
Geographic Information Systems
Sequel Impact
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See your total exposure in a single view.
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Now you can quantify your total risk exposure in seconds and watch every insurable asset automatically upload and be enriched with external data, for both onshore and offshore risks.
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What's more, you can overlay simulated events like earthquakes, fires or floods onto designated geographic areas for pin-point risk modelling.
