ARA FURTHER STRENGTHENS TIES WITH SIMPLITIUM™
MODEL PROVISION AGREEMENT SOLIDIFIES RELATIONSHIP BETWEEN ARA AND SIMPLITIUMApplied Research Associates (ARA), the leader in first principles modelling of hurricane hazards and property losses, has joined forces with Simplitium and Oasis to offer a cost-effective solution for companies looking to better understand their U.S. hurricane risk. ARA and Simplitium have formalised an agreement for ARA’s state-of-the-art cat risk modelling software: HurLoss TM. The agreement ensures the continued availability of the innovative U.S. hurricane model on ModExTM, the catastrophe (cat) risk