CATRisk Solutions bring expanded earthquake model to ModEx: Chedid Re sign as first joint client
Simplitium®, a global financial services technology provider, have signed an agreement with Chedid Re to use CatRisk Solution’s Middle East and Africa Earthquake Model on ModEx. ModEx is the multi-peril catastrophe risk modelling platform operated on the Oasis Loss Modelling Framework (LMF). ModEx will provide Chedid Re with streamlined access to CatRisk’s model via the web-based ModEx user interface. The service is hosted and fully managed, removing the need for any client-side installation. Simplitium formalised a model provision agreement with CatRisk for their Middle East and