Verisk Model Exchange (formerly Nasdaq Risk Modelling)
Open ecosystem catastrophe risk modeling.
Overview
Model Exchange, acquired by Verisk from Nasdaq, is an independent multi-vendor catastrophe risk modeling platform. Delivered as a service and powered by the Oasis Loss Modelling Framework, it provides access to a wide range of models from various providers, allowing (re)insurers to choose the models that best fit their view of risk without needing multiple platforms.
✨ Key Features
- Multi-vendor model access (300+ models)
- Powered by Oasis LMF
- Cloud-based (SaaS) delivery
- Vendor-independent
- API access
🎯 Key Differentiators
- Single platform for multiple model vendors
- Cost-effective access to a wide choice of models
- Based on open-source Oasis LMF standard
Unique Value: Provides a marketplace and execution platform for catastrophe models, increasing choice and efficiency for the (re)insurance industry.
🎯 Use Cases (4)
✅ Best For
- Running models from specialist providers on a single platform
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Users who only need models from a single major vendor
🏆 Alternatives
Simplifies access to a diverse range of models compared to contracting with and implementing systems for each model provider individually.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Enterprise tier)
🔒 Compliance & Security
💰 Pricing
✓ 14-day free trial
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