February 3, 2021: Convex announces partnership with Praedicat
Praedicat is thrilled that Convex, the international specialty insurer and reinsurer has licensed our products to help Convex identify, underwrite and manage complex emerging liability risks. The partnership will advance Convex’s innovative strategy of growth through technology and data-driven underwriting.
Paul Brand, CEO at Convex, said:
“We founded Convex as an innovative and technology-focused company built to insure today’s risks and to anticipate those of tomorrow. We want to make our portfolios resilient to “next asbestos” and other types of future liability catastrophe events by understanding our emerging risk concentrations that could go undetected without the insights that Praedicat’s tools offer. Working with Praedicat helps us to be confident that we are prepared for tail events when they happen, as they inevitably do.”
It is a privilege to gain the acceptance of Convex for emerging risk management, and Praedicat looks forward immensely to this partnership and the innovations to come.
To read the full press release click here.
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