A dedication to risk modeling and differentiation is core to our business. Since our formation, Validus has invested substantial resources to ensure that we are at the leading-edge of risk analytics. Validus Research Inc. (VRI) is at the heart of this effort.
Based in Waterloo, Canada, VRI is the Validus Group subsidiary dedicated to catastrophe research, risk modeling, and development of analytical tools. We employ 25 professionals with advanced degrees in mathematics, statistics, civil engineering, seismology, meteorology, and software engineering. VRI supports Validus operations worldwide through the Validus Capital Allocation and Pricing System (VCAPS), a proprietary risk analytical application. VCAPS offers our operating companies’ underwriters, actuaries and management an industry-leading platform for risk assessment and selection. The catastrophe modeling team delivers value both through the VCAPS environment and through tailored services to various teams within the group. Real-time monitoring of our portfolio, a consistent view of risk measures across the globe, and a rigorous approach to model and data quality truly set us apart from our competition in the market.