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Simplitium's ModEx shortlisted for InsuranceERM awards

News - 21.12.2017

We are very pleased to announce that our cat risk modelling platform, ModEx, has been announced as a finalist for the 2017 InsuranceERM awards in the category: Best cat risk modelling solution. 

The InsuranceERM awards seek to recognise the very best in risk management, actuarial and risk modelling practices, as well as the landmark deals and leading service providers, in the UK and European markets.

"A big thank you to all the judges voting for the InsuranceERM awards, comprising of CROs, Chief Actuaries, ERM Directors and Heads of Financial Risk at 20 different insurers across the UK and Europe. We are humbled by your recognition as a finalist of three for the best cat risk modelling solution!"
Jamie Khurshid, CEO of Simplitium

The winners will be announced by InsuranceERM on 15 January. InsuranceERM are hosting an awards cocktail reception on 7 February in London to celebrate excellence within the industry. 



About ModExTM

ModEx (formerly known as Boat Oasis) is the cat risk modelling platform for the (re)insurance industry, delivered by Simplitium and powered by Oasis LMF.

ModEx delivers flexible, scalable and secure cat risk modelling services via a hosted and fully managed environment. The platform provides the (re)insurance industry with a cost-effective and reliable way to meet their cat risk modelling requirements. The ModEx solution caters for the full suite of perils and allows model providers and other (re)insurance systems to meet the individual needs of customers through a robust and secure shared services platform.

The platform is fully independent and transparent, and provides (re)insurance firms with the tools to gain a deeper understanding of their risk by accessing the best models from large and niche model developers from around the world. For further information, please visit www.simplitium.com/modex.

About Oasis

Oasis is a global not-for-profit company limited by guarantee and owned by its 40 members who come from within the insurance and reinsurance community. Its mission is to create and foster links throughout the wide community of those interested in modelling catastrophic risk across business, academia, and government. For more information, please visit www.oasislmf.org.

About SimplitiumTM

By listening and responding to the market, Simplitium (formerly known as Boat Services) transforms complex challenges into flexible, scalable and secure solutions. Simplitium’s services help firms achieve greater efficiency and transparency in their daily operations, from regulatory compliance and cost management to catastrophe risk management.

As a subsidiary of Cinnober, one of the world’s leading clearing and trading technology providers, Simplitium has the stability and structure to ensure secure and reliable delivery of world class services that cover the entire transaction chain. For further information, please visit www.simplitium.com.