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Risk Management

Catastrophe modeler Eqecat bought by CoreLogic

Bill Kenealy

December 27, 2013 Reprints

P/C Insurers Tech Insights Catastrophe Modeling More + Less -

Data and analytics provider CoreLogic Inc. on Friday said it has purchased catastrophe modeling firm Eqecat Inc. for an undisclosed sum.

A CoreLogic spokeswoman confirmed the deal to Business Insurance and said more information about the transaction would be made available in the coming year.

Irvine, Calif.-based CoreLogic provides real-time property information to underwriters, while Oakland, Calif.-based Eqecat provides a catastrophe risk modeling platform widely used in the insurance and reinsurance industries as well as by risk managers.

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Catastrophe modeler Eqecat bought by CoreLogic

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