Model Providers¶
Over 100 models from 21 different providers will be delivered to Oasis, some subject to market demand. These models are at different levels of preparation. To view the full list of availible models, please download the list of models below, or get in touch for details at info@oasislmf.org.
Download - List of models available on the Oasis platform
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Get to know our Model Providers and Partners¶
MODEL PROVIDERS¶
AMBIENTAL
Ambiental is a supplier of multi-peril data, analytics, catastrophe models and associated services to the financial sector and risk managers. Models for UK, France, Spain, Benelux, Germany, Italy and Austria are already available, with Switzerland and Denmark arriving imminently. Ambiental is also now launching enhancements to the FloodMaps used to form their FloodCat models for Australia and New Zealand. More information here.
ARA
HurLoss™ is ARA’s state-of-the-art hurricane catastrophe model for property insurers, reinsurers and brokers. Insurers rely on HurLoss for superior underwriting and portfolio management decisions.
Basis for structural design in hurricane-prone states since 1998 (ASCE 7)
Accepted for use in Florida since 2000 (FCHLPM, FLOIR, FLDCA)
Used for emergency management and mitigation planning nationwide since 2003 (FEMA)
Selected by Lloyd’s of London for the Oasis Solutions Project in 2015
CatRisk Solutions
CATRisk® has developed natural catastrophe risk models for various part of the world, currently being used by the (re)insurance industry, government officials and consulting companies. Based on experience CATRisk® delicers transparent and practical services and solutions out of scientific researches.
Dedicated to bringing multidisciplinary researches into design and development of catastrophe hazard and risk modelling applications and provide state-of-the-art consulting services and products to clients worldwide. More information here.
COMBUS
COMBUS provides a suite of Aggregate Loss Models for Australia available on the Oasis Loss Modelling Framework covering Bushfire, Severe Convective Storm, Low Pressure Systems, Tropical Cyclone and Earthquake. Each model is broken down into key components of loss causing phenomena referred to by COMBUS as “sub-perils”, including fire, shake, wind, hail, storm surge and flood, allowing for more accurate hazard assessments.
The COMBUS Low Pressure Systems model is unique in Australia. It consists of five different types of weather systems impacting Australia - East Coast Low, Low Pressure Trough, Westerly Trough, Monsoonal Low and Southern Ocean Low - quantifying the generally non-modelled peril such as the multi-billion dollar loss causing event that has impacted Australia in March 2022. More information here.
CoreLogic
The modelling heritage of CoreLogic began in 1981 with EQE; it was this marriage of almost 40 years expertise in hazard science & engineering knowledge with the unrivalled breadth & depth of CoreLogic U.S. property data that drives their passion for delivering world class models.
Taking advantage of an effective and flexible environment in which different vendor perspectives can be evaluated and consumed is a key part of this. In response, CoreLogic®, a global leader in property data, analytics and insights rolled out its catastrophe models on the Oasis Loss Modelling Framework, in 2019 with its U.S. Earthquake Model. Full article: CoreLogic 2020.
Fathom
Founded in 2013, Fathom is a research-led global flood modelling business that applies the latest award-winning science to set a new benchmark in flood risk management and mitigation. Fathom uses cutting-edge technology and the most up-to-date data to deliver detailed flood prediction models for risk assessment, climate change analysis and resilience management to global partners. The company delivers flood risk intelligence across multiple sectors including (re)insurance, corporate risk management, engineering, conservation and disaster response.
Boasting over 30 years of experience in the academic study of flood modelling and hydrology, all of Fathom’s model methodologies have been published in leading research. You can access these for free on its website: www.fathom.global
ERN
ERNest (robot), is capable of locating and verifying hundreds of thousands of buildings and structures, evaluating their dimensions and heights, through the use of public libraries and data repositories. With them we can recognize and evaluate the possible risks of the region and the characteristics of its construction types, improving the risk calculation for each asset.
With the Oasis platform, ERN is evaluating the integration of this information so that not only Latin America, but also other regions such as Europe or Asia can take advantage of the use of this cutting-edge technology. More information here.
Aon Impact Forecasting
In an increasingly risky world, re/insurers need more sophisticated tools to quantify and manage the risks facing their businesses. Aon’s catastrophe model developers, Impact Forecasting, enable firms to analyse the financial impacts of catastrophic events to develop effective reinsurance, underwriting and exposure management practices. Impact Forecasting’s catastrophe modelling software, ELEMENTS, uses Oasis model formats and has the option to use the Oasis LMF engine allowing re/insurers access to a range of Impact Forecasting and 3rdparty model providers. For more information visit our website.
JBA RISK MANAGEMENT
Known as The Flood People®, JBA provide global flood maps, catastrophe models and analytics that are used by some of the world’s largest re/insurers, financial institutions, NGOs and government organisations. The JBA team are experts in translating complex, scientific data into useful information, using sophisticated hydraulic approaches and models to provide cutting-edge flood risk intelligence.
KatRisk
KatRisk has been innovating in the catastrophe modeling space for 10 years. From globally correlated wind, flood and storm surge models, catastrophe bonds, forecast and climate change capability, KatRisk delivers models on its SpatialKat platform, Oasis (Philippine Flood Model) and data /model APIs. More info at https://www.katrisk.com
Risk Frontiers
Risk Frontiers specialises in catastrophe loss modelling, climate risk and resilience. Providing innovative science-driven research, analysis and solutions to build safe and resilient communities.
PARTNERS¶
Nasdaq
Powered by the Oasis Loss Modelling framework (LMF), all models provided on the Nasdaq Risk Modelling for Catastrophes service follow industry standards, promoting model innovation and efficient deployment.
Visit Nasdaq’s website for more information.
Article - Guy Carpenter Leverages Nasdaq Risk Modelling for Catastrophes to Assess Risk Exposure
Xceedance
Brochure: On-Demand Catastrophe Modeling Services
Video: On-Demand Services Explainer
Video: On-Demand Services Narrative
Press release about the Xceedance-Oasis relationship and service offering