Nasdaq ModEx Cat Risk Ecosystem

Provides an independent multi-vendor catastrophe risk modelling platform

This Solution Helps

  • Insurance Companies
  • Reinsurance Companies
  • Brokers
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Bringing choice to the insurance industry

ModEx is the only independent multi-vendor catastrophe (cat) risk modelling platform for the re/insurance industry. Powered by the Oasis LMF, ModEx delivers a hosted and fully managed service that offers a new and cost-effective way for firms to meet their modelling requirements. 

ModEx creates an ecosystem where model vendors can make their models, hazard data and analytics available to the industry via a single platform. We work with vendors from all over the world to improve the quality and choice of models and services available in the market. 

Trusted by many

ModEx users

 

1.Book a demo

The first step to start using ModEx is booking a demo where we go through the model execution capabilities and ecosystem. During the session we also discuss your requirements.

Book a demo

2.Evaluate the service

After that, you can trial selected models for free to gain hands-on experience. Evaluations do not require any hardware or software installation.

Learn more

3.Go-live

When you are ready to go live, we switch you over to the production environment. Gain all the benefits of access to the full ModEx ecosystem within weeks.

Explore the ModEx Ecoystem
ModEx delivers
68
cat risk country perils globally
abstract dome shape
Cat risk models
By delivering a range of solutions on a single platform, we are bringing new levels of efficiency and cost-effectiveness to the re/insurance industry.
See the list
ModEx delivers
68
cat risk country perils globally

Benefits

ModEx provides re/insurance firms with the ability to deploy models quickly and securely.

  • Scalable

    Utilising a shared computer environment, customers can get the resources they need, on demand, during busy periods and the renewals season.

  • Cost-effective

    ModEx delivers economies of scale to reduce costs and optimise resources. These efficiencies enable customers to free up capital and re-think their cat risk modelling budget allocation.

  • Encouraging model development

    The platform creates a marketplace where vendors can easily make their models available to consumers, encouraging the development of new and improved cat risk models globally.

  • End-to-end support

    ModEx provides a single point of contact for all queries, ranging from the technology to the models themselves.

Ecosystem

Case Studies
Success Story
In the past, implementing 5 different catastrophe risk models required 5 different systems, 5 different set ups and 5 different sets of training. With ModEx, re/insurers only need to learn 1 system.
Will Gardner, Managing Director, COMBUS
Combus
COMBUS leverages ModEx to make their multi-peril Australian catastrophe model more accessible and easier to use.
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Resource Center

Contact the ModEx team!

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