LOCATION - Hurricane Risk
Working with AIR Worldwide, Verisk offers several solutions to help you manage exposure to loss from hurricanes at the individual property level. Those solutions will help you improve underwriting decisions and manage your risk portfolio.
Since 1950, no catastrophe peril has caused more insured losses than hurricanes and tropical storms, costing insurers more than $150 billion. And thats not counting the increasing cost of replacing property and the growth of exposures in high-risk areas, which have contributed to the increased cost of catastrophes in recent years.
Verisk provides you with the tools to incorporate catastrophe risk management directly in your underwriting process. We offer data on distance to coast, windpool eligibility, territory ratings, and catastrophe risk modeling through AIR.