Demex has promoted Michael Anderson to CEO after four years as chief growth officer. Additionally, Charlie Eadie has been appointed as the new chief growth officer, marking a significant leadership transition for the company.
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Company Information
Company
The Demex Group
Location
Washington, District Of Columbia, United States
About
Demex is an independent data and analytics company that partners with reinsurance brokers, insurers, and reinsurers to solve the rising challenge of frequent property losses from secondary perils. Demex models loss accumulation based on weather and claims data, informed by climate research, and provides parametric stop-loss solutions that meet the needs of insurers and reinsurers. Demex is a market-maker for a class of risk that is surpassing catastrophe losses – a cluster of losses from secondary perils that threatens not only insurers' annual earnings but also the sustainability of their businesses.
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