EQECAT, Inc.

Description

EQECAT, Inc., a catastrophe risk modeling company, provides products and services to the property and casualty insurance, reinsurance, and financial markets globally. It offers catastrophe risk models and perils for earthquake, flood, hurricane, offshore energy, tornado/hail, typhoon, tropical cyclone, windstorm, wildfire, winter storm, workers compensation earthquake, and workers compensation terrorism. The company also provides catastrophe modeling software, such as WORLDCATenterprise, a platform that allows insurers, reinsurers, and financial institutions to assess their financial risk exposure to natural hazards, such as windstorm and earthquake perils worldwide; and Integrated Catastrophe Modeling System, an enterprise application that allows clients to integrate catastrophe modeling into their underwriting workflows. In addition, it offers data products, including Insured Loss Database that quantifies insured exposure by region and line of business; Insured Exposure Data that represents insured values by peril and by line of business for major insurance markets; and RiskMeter Online, a Web-based service that provides real-time, natural hazard risk reports to underwriters and agents. Further, the company provides catastrophe risk consulting services, such as capital markets consulting, rate filings, portfolio optimization, customized software, financial analysis, and wind turbine risk assessment services. Furthermore, it offers natural hazard catastrophe reports that provide critical event information about spatial distribution of damage, potential post-event effects, and insured and economic loss estimates. EQECAT, Inc. was founded in 1994 and is headquartered in Oakland, California. The company has locations and additional offices in Hackensack, New Jersey; Irvine, California; Birchwood and London, United Kingdom; Paris, France; and, Tokyo Japan. EQECAT, Inc. operates as a subsidiary of ABS Group of Companies, Inc. As of December 20, 2013, EQECAT, Inc. operates as a subsidiary of CoreLogic, Inc.

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