Reinsurance News
QOMPLX
QOMPLX and Tailwind abandon merger plans
18th August 2021
Risk analytics provider QOMPLX has agreed to terminate its business combination agreement with Tailwind Acquisition Corp., a special purpose acquisition company, due to challenging market conditions. The deal would have seen QOMPLX go public via a merger with Tailwind, and reflected a post-transaction equity value for QOMPLX of roughly $1.4 billion ... Read the full article
QOMPLX launces new Q:HELM marketplace
10th June 2021
QOMPLX has introduced its Q:HELM marketplace, a multi-vendor cloud environment that allows customers to access data, models, and analytic services to create a more dynamic and complete view of their own unique insurance risks. The platform enables users to run numerous scenarios against real or hypothetical portfolios to evaluate potential exposure, ... Read the full article
QOMPLX launches insurance data standards library
25th March 2021
Risk analytics provider QOMPLX is setting up a data standards library to improve transparency and consistency across the re/insurance industry. The library, called ReQoncile.io, will provide a single place where data standards can be accessed and compared by players across the insurance value chain. The site will be a publicly available curated ... Read the full article
QOMPLX acquires cybersecurity firm Hyperion Gray
23rd March 2021
Risk analytics provider QOMPLX has closed an acquisition of cybersecurity intelligence firm Hyperion Gray. Hyperion Gray’s team of software engineers, data scientists, and offensive security experts have now joined the QOMPLX team as members of its cybersecurity and analytics teams. “Hyperion Gray’s unique approach to cybersecurity and intelligence furthers QOMPLX’s work for ... Read the full article
QOMPLX to acquire Sentar Inc.
15th March 2021
Risk analytics provider QOMPLX has entered into an agreement to acquire cyber-intelligence company, Sentar Inc. Sentar will continue to be led by President Darren Kraabel alongside other key management. Bridget McCaleb will continue in a formal capacity leading integration efforts for Sentar during the transition. Sentar and QOMPLX have already begun to ... Read the full article
QOMPLX to develop multi-peril modeling platform
11th March 2021
Risk analytics provider QOMPLX has revealed that it plans to develop a dynamic multi-peril modeling platform following its acquisition of insurance modelling and actuarial platform Tyche. The acquisition of Tyche was announced recently alongside news that QOMPLX has elected to go public via a merger with special purpose acquisition company, ... Read the full article
QOMPLX to combine with Tailwind Acquisition Corp
2nd March 2021
QOMPLX, a cloud-native leader in risk analytics, has elected to go public via a merger with special purpose acquisition company, Tailwind Acquisition Corp. Once the combination completes, the new company will operate as QOMPLX and plans to list under the symbol of QPLX. The deal reflects an estimated post-transaction equity value ... Read the full article
QOMPLX to launch US insurance subsidiary RubiQon
8th July 2020
Analytics and insurance software provider QOMPLX is set to launch a US-based subsidiary that will offer cyber insurance, along with multi-line treaty and facultative re/insurance. Due to open in the fall, RubiQon Risk & Insurance Services/RubiQon Re will be a Managing General Agency led by former Validus Re CEO Conan Ward ... Read the full article
QOMPLX secures 12 US tech patents in 2019
10th January 2020
QOMPLX, an intelligent decision platform provider startup formerly known as Fractal, has announced that it was awarded 12 US patents for innovations in 2019. The patents, which span cybersecurity, insurance, finance and data infrastructure, allow QOMPLX a 20-year period of exclusivity to the technologies. The most recent patent, issued on December 24, ... Read the full article
QOMPLX & Pro MGA Solutions partner to support parametric product launch
11th December 2019
Analytics and insurance software provider QOMPLX has expanded its strategic relationship with Pro MGA Solutions in the UK, in support of the launch of its new multi-peril parametric insurance product. QOMPLX recently announced the launch of its parametric offering, WonderCover, which was developed in partnership with international specialty re/insurance group ... Read the full article
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