text: Chief Commercial Officer at reask
  Thomas Loridan, CEO and Co-Founder of Reask, said: "Reask is on a mission to be the leading provider of next-generation Nat Cat modelling, worldwide. We are already gaining great traction in the market with our unique AI-based solutions, and are thrilled that our high-profile investors have recognised this with their investments supporting the next stage of our growth strategy.
  "There are three key purposes for the funding: technical – building out our science and AI teams to continue to expand our model range; sales and marketing – enhancing our business development and account management team; and operations – strengthening our internal capabilities to help build our business."
  Commenting on the investment, David Wallerstein, Chief Exploration Officer, Tencent, said: "Artificial intelligence will be a critical tool to help humanity more accurately predict climate patterns and risks in the near future. In a dynamically-changing world, our forecasting tools must become more sophisticated. Reask has built a suite of products leveraging their climate forecasting engine for the insurance industry that are helping insurance companies accelerate the development of their climate-related offerings. The insurance industry will play an increasingly critical role in helping economies adjust and mitigate risks from climate-driven catastrophic events. We believe Reask is well positioned to partner and grow with the global insurance industry."
  ImageCat partners with Reask to deliver global natural catastrophe models
  By Nick Hassam ·
  Inhance® and and FACFinder™ platforms to bring Reask's HindCyc® and DeepCyc® global cyclone, typhoon and hurricane probabilistic modeling and event...
  EigenRisk Adds Reask Models to its Global Catastrophe Risk Management Platform
  Relationship Brings New Options for Cyclone, Hurricane Modeling with Timely Post-Event Footprints for Event Response, Parametric Claims and Underwriting Moratoriums ...
  SYDNEY, OCTOBER 14, 2020 – Today, catastrophe risk start-up reask has released an industry first global, climate-connected view of tropical...