Oasis Loss Modelling Framework (LMF)
Open source catastrophe modelling platform.
Overview
Oasis LMF is a not-for-profit initiative to create an open-source catastrophe modeling platform. It aims to increase model choice, transparency, and affordability in the (re)insurance industry. The framework provides a standardized platform for model developers to build and share models, and for insurers and reinsurers to run them.
✨ Key Features
- Open-source platform
- Standardized data formats (ODS)
- Model developer toolkit (MDK)
- Execution kernel for running models
- Growing ecosystem of model providers
🎯 Key Differentiators
- Open-source nature
- Transparency
- Lower cost of entry for model providers
- Flexibility and customizability
Unique Value: Democratizes catastrophe modeling by providing an open, transparent, and extensible platform.
🎯 Use Cases (4)
✅ Best For
- Multi-vendor model execution
- Custom model development
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Users seeking a fully managed, out-of-the-box solution with proprietary models
🏆 Alternatives
Offers unparalleled transparency and flexibility compared to closed, proprietary systems.
💻 Platforms
✅ Offline Mode Available
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Dedicated Support (Varies by service provider tier)
💰 Pricing
Free tier: The framework itself is free to use.
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