New agreement expected to make a positive impact to QIC Global, improving flexibility and functionality for modelling cyber exposures.
LONDON, United Kingdom, March 22, 2019 – QIC Global, the umbrella organisation for Qatar Insurance Company’s (QIC) international trading brands, including Antares and Qatar Re, has signed a contract to use Sequel’s Impact system to deliver flexibility and functionality in order to capture and aggregate complex cyber exposures. Sequel is a Verisk (Nasdaq:VRSK) business.
When QIC Global looked to model cyber exposures, they turned to a system with which they are already well-versed, having used Impact for their energy and terrorism portfolio exposure management.
‘From experience, they knew Impact was a highly flexible and configurable tool’, explained Sequel’s Head of Business Development, Ben Churney. ‘Sequel Impact offers a highly flexible and configurable data schema. Using Impact as the data repository, they have the flexibility of data capture and storage and the ability to export data to their model and run deterministic scenarios if required’.
Churney added: ‘We are pleased that QIC Global has recognised the…
