Keogh left Eqecat late last week after about 3.5 years with the firm. He started as senior vice president of strategic initiatives in 2009 and was appointed president in November 2010.

Keogh says his departure from Eqecat was “very amicable,” and there has been “an orderly transition of leadership.” Paul Little has been named president of Eqecat.

“When I arrived at Eqecat I wanted to build a culture and make Eqecat a competitor,” he says. “I leave knowing it is.”

Before arriving at Eqecat, Keogh was with catastrophe-modeling competitor Risk Management Solutions for about 15 years, but he started his career as an underwriter at American International Group (AIG) in 1982 before moving on to underwriting positions with NAC Reinsurance and Swiss Re.

TigerRisk CEO Rod Fox says “few people can match Bill's experience and mastery of state-of-the-art property-catastrophe analytics.” Keogh “will be an invaluable resource to our clients,” he adds in a statement.

TigerRisk will pair Keogh with Jayant Khadilkar, the founder of Weather Predict Inc. in 2000. Weather Predict patented technology used for improving the quality and skill of weather forecasts, and became a wholly-owned subsidiary of RenaissanceRe Holdings in 2006. Khadilkar then joined TigerRisk in 2009—linking back up with TigerRisk founder Jim Stanard, who was a founder and CEO of RenRe.

The insurance industry is “at an inflection point,” making the use of analytics more crucial, Keogh says.

“Based on the long-term, low interest rate environment, there are not a lot of levers to pull [to make an adequate return],” he continues. “There are only a few places to turn, and I think making better decisions on risk and capital is No. 1. I can take advantage of my background at a firm that highly-prizes innovation in order to help client do that.”