Murray Nash Joins ERisk as Vice President of ASP Services

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Murray Nash Joins ERisk as Vice President of ASP Services

Wednesday, January 17, 2001

NEW YORK, NY, January 17, 2001 - ERisk, the market leader for fully integrated enterprise risk management (ERM) solutions, today announced that Murray Nash has joined its management team as Vice President of ASP Services. Mr. Nash will be responsible for successfully managing ERisk's ASP Services business, the leading risk management application for helping firms manage their credit, market, operations and business risks. Mr. Nash has over eight years experience in risk management from time spent at NetRisk, Askari and the New Zealand Treasury.

"Murray brings strong business skills to our ASP based analytic business models and has a proven track record in delivering products and services via the Internet to a sophisticated customer base," said Kerry Williams, President of ERisk. "As the senior manager in charge of this scalable business at ERisk, we are excited about the possibilities of utilizing Murray's vast experience in the risk management profession."

"ERisk has a very sophisticated customer base," added Murray Nash. "I look forward to working with the management team to address our customers' complex analytical needs with leading-edge models and technology."

Prior to joining ERisk, Mr. Nash served as the Head of the Market and Credit Risk Group at NetRisk, Inc. where he embarked on several technology initiatives including an Internet enabled risk and performance reporting tool for the asset management industry. He had previously been the head of NetRisk's Advisory business. Mr. Nash has also co-authored several articles on risk management including the recently published "Enterprise Risk Management for Hedge Funds." He holds a Master of Commerce degree as well as a Bachelor of Commerce degree from the University of Auckland, New Zealand.

About ERisk

ERisk is a full-service provider of strategic enterprise risk management solutions whose core offerings include consulting, internet-delivered analytics, risk transfer advisory and the ERisk.com portal. ERisk's vision is to elevate the practice of risk management to an enterprise wide level. ERisk provides its clients with a unique combination of risk management expertise and analytics, delivering an enterprise-wide approach across each of the functional areas of risk. ERisk helps financial services organizations, property & casualty insurers, energy and non-financial corporations transform risk management processes to increase management effectiveness, reduce losses and increase shareholder value. ERisk has offices in New York and London. For additional information, please visit www.erisk.com or call Tony Marcos at +1.212.819.0170.