Boat Services to offer insurers catastrophe risk modelling tool
Regulatory compliance firm, Boat Services, has signed a deal with insurance market Lloyd’s of London and ten managing agents to provide access to catastrophe models through its soon-to-launch Boat Oasis Loss Modelling Framework tool. The platform, created by Boat and fintech firm Cinnober, hosts the Applied Research Associates’ “HurLoss” US hurricane model and CatRisk’s Middle East regional catastrophe model. The hybrid cloud solution is scheduled to launch in December 2016 and will allow underwriters to access a number of advanced models in one paid-for platform aiming to provide a clearer understanding of risk, particularly in climate change-vulnerable developing countries.

Company Read more Cinnober Financial Technology AB is a Sweden-based company providing advanced technology solutions for trading and clearing venues. It offers system solutions and services for the international stock exchanges, marketplaces and clearing houses. Its offering is also aimed at banks and brokerage houses, and includes hosting and operations for various customer groups. Its product portfolio is based on the platform... Sector Financial & Commodity Market Operators Calendar - All news about CINNOBER FINANCIAL TECHNOLOGY AB - No features available - News in other languages on CINNOBER FINANCIAL TECHNOLOGY AB - No features available -