RMS, Eqecat Sign Data Standardization Agreement

Insurers and reinsurers often offload natural disaster risk to the capital markets through high-yield ILS.

The pair of competing specialist modeling vendors for insurance-linked securities (ILS) like catastrophe bonds have come together to harmonize their exposure data schema.

Both say the multi-year agreement will help investment managers and insurance underwriters alike streamline modeling workflow and exposure assessment, particularly as those firms increasingly rely on multiple platforms that today operate with proprietary schema.

"We are pleased to enter into this agreement, which will improve the translation of data model inputs. Workflow inefficiencies of moving and translating exposure between models is a time-consuming exercise, and this collaboration is going to save many man hours," says Paul Little, Eqecat's president.


  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: