Equinix and Lloyd’s to transform catastrophe risk modeling

Equinix, Inc. , the global interconnection and data center company, has collaborated with Lloyd’s and the Lloyd’s Market Association (LMA) to enhance a catastrophe risk modeling platform that could change the face of the insurance industry. The Oasis Loss Modeling Framework is potentially one of the most radical shake-ups in the catastrophe modeling sector in years. Hosted in Equinix’s interconnected insurance ecosystem, it gives insurers in the multi-billion dollar catastrophe insurance market access to a wider range of model providers from around the world. Read more: prnewswire.com