CatVest Petroleum Services LLC provides risk modelling, analysis and structuring of insurance-linked security (or ILW) risk transfer triggers and instruments to the offshore energy industry.
Our proprietary and patent-pending EnergyRisk models allow us to accurately model the risks of major loss events which impact offshore oil platforms, refineries and pipelines. We create triggers for insurance-linked security and industry-loss warranty risk transfer instruments either as indemnity triggers, industry-loss index triggers or parametric triggers.
Our SpillRisk models allow us to accurately model and calculate the risks associated with oil spills, both offshore and onshore. We can create uniquely focused parametric triggers to assist with structuring oil spill risk into ILS or ILW form.
We also provide risk modelling services to insurers and reinsurers, helping them better quantify their offshore energy and oil spill exposures.
Read more on the CatVest Petroleum website.