Praedicat announces liability catastrophe model

California-based InsurTech analytics company Praedicat has
launched Oortfolio a liability catastrophe modelling platform based
on the probability of future mass litigation.
The platform mines the texts of peer-reviewed science
publications for theories suggesting certain commercial products
are causing harm.
It then uses this data to build a probabilistic microsimulation
model of future mass litigation, and uses the model and data to
estimate the exposure of certain business activities or compan