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Praedicat aims to help ILS enter the casualty space: CEO Reville

Robert Reville, Chief Executive Officer (CEO) of Praedicat, an InsurTech risk modelling and analytics company for casualty re/insurers, has claimed that the company’s approach to disease litigation may create an opportunity for ILS to enter into the casualty space.Praedicat uses scientific literature to model more than 60,000 potential disease litigation read the full article →

Praedicat raises $6m for casualty cat model development

Praedicat, a leading casualty catastrophe risk modelling company, has secured a $6 million Series AA round of investment, from sources including existing investor catastrophe risk modelling specialist Risk Management Solutions, Inc. (RMS) and Jacques Dubois.Praedicat hopes the investment will accelerate its growth, by funding the development of its latency casualty read the full article →

Oortfolio launch to increase liability risk transfer innovation: Praedicat

The launch of Oortfolio™, a liability insurance risk modeling platform from Praedicat, could stimulate innovation in liability insurance risk transfer, such as attracting new capital by enabling it to better quantify liability exposures and even liability catastrophe bonds.Oortfolio has been announced by Praedicat and will offer the industry "an unprecedented read the full article →

Big data liability catastrophe models to help ILS into casualty risks

A new report published by the Lloyd's of London insurance and reinsurance market concludes that by underpinning liability catastrophe models with big data techniques, opportunities could be found for the ILS market to get more deeply into casualty risks.The topic of how or when the insurance-linked securities (ILS) market and read the full article →

Praedicat launches CoMeta for casualty risk analytics

An innovative new risk modelling tool has launched this morning which could help to increase transparency and understanding when modelling casualty risks for insurers, reinsurers and insurance-linked securities (ILS).Praedicat, a firm created by RAND Corporation and risk modelling firm Risk Management Solutions, Inc. (RMS) and backed by other investors, is read the full article →

RMS and RAND Corporation launch Praedicat, aim to facilitate liability catastrophe bonds

Risk Management Solutions (RMS) and RAND Corporation have teamed up to launch a new company named Praedicat, Inc., that will provide consulting services and software to the property and casualty insurance industries with a particular focus on liability risks. Building on both firms years of experience in risk modelling, research read the full article →