{"id":889,"date":"2025-04-03T08:30:37","date_gmt":"2025-04-03T08:30:37","guid":{"rendered":"https:\/\/esportslegendary.com\/?p=889"},"modified":"2025-04-03T13:14:12","modified_gmt":"2025-04-03T13:14:12","slug":"verisk-acquires-nasdaq-subsidiary-simplitium-limited","status":"publish","type":"post","link":"https:\/\/esportslegendary.com\/index.php\/2025\/04\/03\/verisk-acquires-nasdaq-subsidiary-simplitium-limited\/","title":{"rendered":"Verisk acquires Nasdaq subsidiary Simplitium Limited"},"content":{"rendered":"

Data analytics and technology provider Verisk has acquired Nasdaq subsidiary Simplitium Limited, which owns and operates Nasdaq Risk Modelling for Catastrophes (NRMC).<\/p>\n

\"\"Verisk described NRMC as a SaaS platform fostering an open ecosystem where specialised model partners share models, hazard data, and analytics to help bridge the global insurance protection gap.<\/p>\n

Built on Open Standards, the platform is said to standardise and streamline data exchange, enabling re\/insurers to refine their catastrophe risk strategies with greater precision and efficiency.<\/p>\n

\u201cNRMC is powered by the OASIS Loss Modelling Framework, the industry standard for open-source catastrophe risk modelling, and delivered as a cloud-based service. With access to a wide array of models and support for in-house developed models, clients will be able to evaluate more views of risk, look at potential losses through different model lenses and apply the models that align with their business needs,\u201d Verisk added.<\/p>\n

NRMC will reportedly become part of Verisk\u2019s Extreme Event Solutions, which delivers access to risk management with catastrophe risk modelling, global loss indexes and advanced analytics.<\/p>\n

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\"Download<\/a><\/p>\n<\/div>\n

Gayatri Natarajan, senior vice president of product management at Verisk, commented, \u201cWe\u2019re excited to welcome this talented team to Verisk.<\/p>\n

\u201cVerisk risk modelling powers mitigation strategies and disaster financing to narrow the insurance protection gap, reducing uncertainty and empowering people to protect what matters most \u2013 their families, homes and livelihoods.<\/p>\n

\u201cAccess to more views of risk, especially covering niche areas of risk, strengthens our clients\u2019 ability to make decisions that will deliver resiliency to our communities and businesses.\u201d<\/p>\n

Magnus Haglind, Head of Marketplace Technology at Nasdaq, said, \u201cThis transaction will refine Nasdaq\u2019s focus as we look to foster deeper client relationships within our Financial Technology business.<\/p>\n

\u201cWe are pleased that NRMC will become part of an organization with a scaled presence in catastrophe risk modelling and we look forward to NRMC\u2019s continued success under Verisk\u2019s ownership.\u201d<\/p>\n

The post Verisk acquires Nasdaq subsidiary Simplitium Limited<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Data analytics and technology provider Verisk has acquired Nasdaq subsidiary Simplitium Limited, which owns and operates Nasdaq Risk Modelling for Catastrophes (NRMC). Verisk described NRMC as a SaaS platform fostering an open ecosystem where specialised model partners share models, hazard data, and analytics to help bridge the global insurance protection gap. Built on Open Standards,…<\/p>\n","protected":false},"author":1,"featured_media":891,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reinsurance"],"_links":{"self":[{"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/posts\/889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/comments?post=889"}],"version-history":[{"count":3,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/posts\/889\/revisions"}],"predecessor-version":[{"id":893,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/posts\/889\/revisions\/893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/media\/891"}],"wp:attachment":[{"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/media?parent=889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/categories?post=889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/tags?post=889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}