Actua Corp( formerly ICG Group Inc) Revenue and Competitors

Insight Catastrophe Group is dedicated to assisting its clients in achieving superior risk-adjusted returns. Formed after the 2004/2005 catastrophe seasons, Insight had two primary objectives: Develop superior analytical tools to revolutionize the standard by which catastrophe insurance risk is managed; Provide additional underwriting capacity to take on the growing demand for catastrophe-exposed risk. In August 2005, the Group launched Insight Catastrophe Solutions, LLC (ICS) to provide property risk management consulting and proprietary risk management software. Its advanced financial analytics, catastrophe modeling tools and revolutionary policy management system provide clients with a comprehensive solution that includes real-time policy evaluation, financial metrics and capital management capabilities. In January 2006, the Group formed Coastal Risk Underwriters, LLC (CRU) to provide underwriting management and administrative services. Leveraging ICS' risk management capabilities and software platform, CRU provides program administration for residential and commercial catastrophe-exposed property. In July 2007, ICS filed patent applications for its proprietary software applications: cxLogic, cxRisk and pxQuote. In August 2007, ICS announced a new service that leverages Risk Management Solution' (RMS) catastrophe model output. The new service, cxRisk Online, provides detailed underwriting and risk assessment information to help clients determine the need for specific catastrophe perils, evaluate underwriting submissions and apply analysis results into pricing systems. In May 2008, the Group formed Insight Specialty Programs, LLC (ISP) to provide identity theft programs to personal and commercial lines insurance carriers. Today, Insight Catastrophe Group is an insurance portfolio manager and risk advisor to new and existing sources of capital. Serving the insurance and financial services industries, its clients include insurance and reinsurance carriers, hedge funds, investment banks, agents, brokers, managing general agents and other risk consultants. The companies' offices are located in New York, Tampa and Tallahassee.