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EQECAT Voted Professional Service Provider of the Year.


Business Editors/High-Tech Writers

LONDON--(BUSINESS WIRE)--Sept. 12, 2000

The Review - Worldwide Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  magazine announced its annual awards winners on August 30, 2000 in London. Regarded as the industry's foremost awards event, The Review chose EQECAT as the Professional Service Provider of the Year. EQECAT was praised for "providing detailed and accurate risk assessment and measurement facilitating a number of well documented placements and securitizations. EQECAT's ability to assist clients in re-engineering risk was particularly praised." The judges also stated that "EQECAT's work is admirable. The company specializes in catastrophe risk analysis, but goes beyond that and accumulates data to actively do something. A very big part of EQECAT is its ability to re-engineer risk to make organizations less risk prone; it has been particularly successful in re-engineering multiple location corporations."

Mike Vallejos Mike Vallejo (born in Miami, FL) was a professional boxer.

Known as "The Pit Bull", he was a contestant on reality TV show The Next Great Champ on Fox and was eliminated from the show after being decisioned by Otis Griffin. External links
  • BoxRec Profile
, President of EQECAT, Inc., stated "We are honored that our efforts to support our clients has been recognized by this prestigious publication. Our Securitization Securitization

The process of creating a financial instrument by combining other financial assets and then marketing them to investors.

Notes:
Mortgage backed securities are a perfect example of securitization.

May also be spelled as "securitisation.
 activity is the combined effort of our staff in the UK, Paris, and the US-a truly international team effort."

The Review introduced its Worldwide Reinsurance Awards in 1994. There are now nine categories of awards including Reinsurance Company of the Year, Innovation of the Year, Lifetime Achievement Award, and Web Site of the Year.

The Review - Worldwide Reinsurance, established in 1869, is the market leading publication dedicated to senior reinsurance / insurance professionals worldwide. Each month The Review deals with the issues affecting the industry with news, company and individual profiles, market reports and exclusive research.

Compre Group, an independent, entrepreneurial, multilingual mul·ti·lin·gual  
adj.
1. Of, including, or expressed in several languages: a multilingual dictionary.

2.
 and multicultural provider of services to the reinsurance industry, sponsored the Professional Service Provider of the Year.

EQECAT, Inc. (www.eqecat.com), a subsidiary of ABS.EQE EQE Equivalent Quantum Efficiency
EQE Environmental Quality Evaluation
, is a leading provider of catastrophe management software and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 to the insurance and financial communities. ABS.EQE, a member of the ABS Group of companies, has more than 600 employees worldwide and is headquartered in Oakland, California “Oakland” redirects here. For other uses, see Oakland (disambiguation).
Oakland (IPA: /ˈoʊklənd/), founded in 1852, is the eighth-largest city in the U.S.
.

For additional information, contact Mike Vallejos (mav@eqe.com) at 510-817-3167 in the US or Amalia Gonzalez-Revillia at +33 (0) 1 44 79 95 61.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 12, 2000
Words:350
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