AIR Catastrophe Risk Management

 

AIR Worldwide is the scientific leader in catastrophe modeling.

AIR pioneered the catastrophe modeling industry, creating the tools and technologies that changed how people think about catastrophic risk. AIR bases its models on sophisticated simulation methods and powerful computer programs that capture how catastrophes — both natural and man-made — behave and affect the built environment.

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Insurers, reinsurers, and brokers use AIR modeling extensively for:

  • Pricing
  • Risk selection and underwriting
  • Loss mitigation
  • Reinsurance decision making
  • Portfolio management

A wide variety of customers outside the insurance industry also look to AIR for help

Applications of the technology also serve the needs of:

  • Corporate risk managers
  • Government agencies
  • Investors
  • Hedge funds and other financial institutions
  • Many others exposed to catastrophe risk

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More than 400 organizations rely on the results of AIR's catastrophe models, software applications, and consulting services to inform a broad range of business decisions.

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It's no longer sufficient to run the models and produce a single number

In the face of increasing competition and new regulatory regimes, risk-bearing companies and organizations must interpret model results, understand and test the underlying assumptions, and quantify their inherent uncertainties.

AIR is responding to those needs through greatly improved software, model transparency, education, and new tools for data mining and analytics.

Contact us

Sales | 617-267-6645