EQECAT has released version 14 of its catastrophe risk modeling platform, Risk Quantification & Engineering (RQE). RQE enables users to quantify and manage the potential financial impact of natural hazards, the company said, and includes updates to country/peril models, financial model, workflow and integration.
“To create RQE v.13, we brought together some of the best science, engineering and insurance talent and perspectives from virtually every segment and geography in the global re/insurance industry to gain deeper model insight,” said Mahmoud Khater, EVP and CTO. “With the release of RQE v.14, we are building on a strong foundation for the future. Our goal is to have the RQE platform become the industry benchmark while continuing to bring greater value to our clients.”
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