Cohort: Cohort 3, 2019
Focus in insurance value chain/workflow: Point of underwriting I Loss modelling & analytics
Founded: 2012
Status: Operating, still in insurance
Company type: Other
Head office: United Kingdom
Main global offices: United Kingdom
Locations served: Global
Employee count: 11-100
Oasis provides an open-source platform for developing, deploying and executing catastrophe models. It was created to increase the model choice for the (re)insurance industry, whilst democratising risk for developing countries. Oasis’ other aims include reducing costs to the industry, increasing innovation, maintaining open data standards, supporting academics, and reducing the barriers to entry for firms that want to get their models used within insurance.
Primary way aimed to improve insurance processes and tools whilst in the Accelerator: Data, product & service consolidator
The Lab increased the profile of Oasis and its objectives in the London Market. It helped to promote Open Data Standards that Oasis curates on behalf of the insurance industry. The Open Results Data initiative that was developed and released during Cohort 3 is being implemented into many organisations.
"The Lab gets your right to the heart of the London market, talking to many of the right people. For us promoting open standards it gave us a great lift."Dickie Whittaker, Chief Executive Officer
Learn about all our alumni who have take part in the Lloyd’s Lab Accelerator programme.
Oasis' website 
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