QOMPLX to Acquire Tyche to Revolutionize Insurance Data Factory of the Future

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TYSONS, Va.--(BUSINESS WIRE)--QOMPLX, a leader in cloud-native risk analytics, has entered into a definitive agreement to acquire RPC Tyche LLP ("Tyche"), a rapidly growing insurance software modeling and consulting firm based in London, Cambridge, Paris and Chicago. Tyche bolsters QOMPLX's insurance analytics offerings, and the combined business will offer more comprehensive insurance underwriting, pricing, risk modeling, capital modeling, and reserving functionality. It is an exceptional software business that combines innovative technology with actuarial expertise to help reduce the time and costs that insurers, reinsurers and intermediaries face in producing actionable data feeding today's commercial and regulatory decision-making. Tyche and QOMPLX's combined team are building the insurance data factory of the future with superior capabilities for data integration, transformation, analysis, and contextualization for corporations, employees, and consumers. Tyche's core modeling platform focuses on the complex challenges facing insurers: pricing risks, modeling and reserving capital, and improving efficiency.

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