Oasis Loss Modelling Framework - Oasis Loss Modelling Framework
Type of system
- Analytics
- Catastrophe modelling
- Cyber risk management
Type of platform
- Cloud
- Desktop-based
- SaaS
- Server-based
- Web-based
What are the typical implementation costs for your product?
The Oasis platform is free to use. The only costs will be for the hosting and deployment if using a cloud service and the use of the third-party models that require commercial contracts directly with the model vendors.
Please name companies that use the system/product
Major Users and Owners: Ten leading companies provided significant investment in 2025: Aon, Allianz, AXA, Chubb, Guy Carpenter, Hannover Re, RenaissanceRe, Swiss Re, and SCOR. AXA uses Oasis as their primary modelling platform, while other major users include Ascot and Beazley. Recent additions include Arundo Re (formerly CCR Re).
Additional Supporting Companies: Other supporters include Aspen Insurance Group, AXL XL, AXIS Capital, Convex Insurance, Liberty Mutual Insurance, Lloyd's, Lockton Re, Sompo International and Zurich Insurance.
Model Providers and Technology Partners: Key model providers include ARA, CoreLogic, Fathom, JBA Risk Management, Aon Impact Forecasting, Renew Risk, COMBUS, CATRISK Solutions, and Xceedance.
Overall, Oasis LMF is collectively owned by close to 40 leading insurers, reinsurers, brokers and financial institutions.
Product summary: Please summarise your product’s key points for re/insurers in no more than 100 words.
Oasis LMF is an open-source catastrophe modeling platform providing insurers and reinsurers with flexible, cost-effective risk assessment tools. The platform offers a full simulation engine with no restrictions on modelling approach, supporting models from vendors, academic groups, and research institutions. Oasis allows companies to choose and mix models that best align with their portfolios, reducing licensing costs while increasing transparency. The ecosystem includes over 20 model providers covering 100+ models. Oasis also curates Open Data Standards (ODS) including Open Exposure Data (OED) and Open Results Data (ORD) standards.