FOR IMMEDIATE RELEASE:

RiskMeter Online Integrates New EQECAT Earthquake Offerings into its Web-based Solution

Boston, MA, October 2009 – RiskMeter Online, a Web-based service which provides real-time, natural hazard risk reports to underwriters and agents, announced today that it has expanded its agreement with catastrophe risk modeling firm EQECAT.

This expanded agreement will add two new earthquake features to the RiskMeter Online. The first one involves the integration of EQECAT’s main software platform, WORLDCATenterprise™(WCe), which includes information based on the latest science and analytics, into RiskMeter. As this model is updated, RiskMeter will automatically reflect those changes by incorporating the latest earthquake research into its reports, enabling underwriters and agents to have the most up-to-date earthquake information at their fingertips.

The second earthquake feature added to RiskMeter allows underwriters and agents to obtain single site Average Annual Loss (AAL) and Probable Maximum Loss (PML) calculations for earthquake ground shaking. These reports can be retrieved in real-time by simply entering an address and building characteristics.

The addition of AAL and PML loss calculations for earthquake ground shaking will pay immediate dividends by enabling insurers to accurately price their coverage, as well as allow insurers to dig deeper so that their customers are adequately protected in case they are involved in a serious earthquake event.

“Adding these capabilities to our web-based platform brings catastrophe modeling to underwriters’ desktops in a simple, easy to use application,” says Dan Munson, Founder RiskMeter Online. “Furthermore, since RiskMeter is web-based, we can provide this functionality to virtually any user without the need to build applications or involve IT departments, so it can be rolled out and used immediately.”

“RiskMeter’s goal is to provide its customers with the latest tools and data so they can accurately assess and price risk. By expanding our earthquake licensing agreement with EQECAT, a leader in catastrophe risk modeling, we are now providing our users with the most up-to-date features and data that will help them to make better underwriting decisions,” explains Munson.

“The combination of RiskMeter’s easy-to-use web-based service, and EQECAT’s catastrophe loss information, will be of great interest to the property marketplace,” says Bill Keogh, Senior Vice President of EQECAT. “Our agreement with RiskMeter demonstrates EQECAT’s position as a trusted and insightful advisor to clients.”

EQECAT's U.S. earthquake model which has undergone independent review by the U.S. Geological Survey, the California Geological Survey and the Pacific Earthquake Engineering Research Center, has met the high standards of the California Earthquake Authority and has been recognized as suitable for use by the CEA for public rate filings.

For more information, please contact Dan Munson, Founder, RiskMeter Online at 617.737.4444 or Email

EQECAT Software Enables Clients Worldwide To Assess And Manage Risk
EQECAT, Inc provides state-of-the-art products and services to the global property and casualty insurance, reinsurance and financial markets. EQECAT is the technical leader and innovator of catastrophe risk management models that quantify exposure to a range of natural and man-made catastrophic risks.

Through its modeling software platform, WORLDCATenterprise™, EQECAT enables clients to quantify and manage the potential financial impact of natural hazards. WORLDCATenterprise™ includes 177 natural hazard software models for 89 countries spanning six continents. These models are based upon innovative applications of the latest science, engineering expertise, claims and exposure data and advanced mathematics.

EQECAT, a subsidiary of ABSG Consulting Inc. (ABS Consulting), was founded in 1994 and is headquartered in Oakland, California. For additional information, please visit www.eqecat.com.

About RiskMeter.com
For property underwriters and agents who are looking to increase accuracy, productivity and overall speed of operations, the RiskMeter Online (www.RiskMeter.com) is an Internet application used to automate property risk reports. By simply typing in an address, users can get back natural hazard information for a given policy location. The RiskMeter can perform more than 30 different reports, including: distance to coast, rating territory, flood zone, windpool eligibility, proximity to brush, EQ hazards and much more! For more information, please visit www.RiskMeter.com