Recent advances in modelling technology suggest that $87bn of liability risk – equivalent to another asbestos – is locked in legacy books of business. This creates new challenges, but also…
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The term big data seems to be everywhere these days. A few examples of use cases for big data are fraud and crime detection, patient history in the healthcare industry, and…
read moreJuly 24, 2018, Los Angeles, CA. Praedicat, a science-based risk analytics firm and the principal source of chemical risk information for the insurance industry, has announced the release of its…
read more82% of surveyed underwriters agree Praedicat’s analytics can support the development of tailored, named peril products for their clients (TechValidate survey). Praedicat is featured in this Future of Insurance article which…
read morePraedicat is excited to partner with XL Catlin to help their clients address changing liability insurance needs. Read the press release
read morePraedicat is pleased to announce that it has completed a $6 million Series AA round of financing. Frank McMahon, a new investor, and existing investors Jacques Dubois and RMS participated.…
read moreAdditive manufacturing, also known as 3D printing, has the potential to revolutionize many industries. But like any new innovation, it creates new risks. The Praedicat approach to risk identification is…
read moreMelissa Boudreau, VP of Modeling for Praedicat, has not only created a model of the occurrence form that could revolutionize how insurers and re-insurers view liability loss, she is also…
read moreLatency catastrophes such as asbestos, pollution, and pharmaceutical litigation have caused insurance companies to pay out billions of dollars in lawsuits. In addition, the ambiguity of allocating these claims to…
read moreUnderstanding emerging risk management is a primary concern for many advanced organizations. As the world’s first “Liability Cat” modeling company, Praedicat is changing the way organizations and insurance companies view…
read more“Casualty insurers are hungry for that sort of innovation, for the same sort of transformation in liability that happened in property,” Dr. Robert Reville, CEO of Praedicat. RMS Exposure recently…
read moreThe Cambridge Centre for Risk Studies, in collaboration with Risk Management Solutions and Praedicat, hosted a workshop on scenario development and usage. This workshop focused on methodologies for developing and…
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