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AIR Worldwide
Touchstone catastrophe risk modeling platform for insurers, reinsurers, and ILS investors, part of Verisk Catastrophe & Risk Solutions.
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Overview
AIR Worldwide, now operating as Verisk Catastrophe & Risk Solutions, develops the Touchstone catastrophe modeling platform. This platform is used by insurers and reinsurers to quantify loss potential from natural and man-made catastrophes.
Touchstone Re, which replaced the earlier CATRADER product, is used to estimate losses on reinsurance contracts, industry loss warranties, and insurance-linked securities. The platform integrates AIR's own catastrophe models with third-party model and data sources; clients such as CNA use it as their primary catastrophe risk management platform.
Key Features
- + Catastrophe loss modeling
- + Touchstone Re for reinsurance contracts
- + Third-party model integration
- + Industry loss warranty analysis
- + Geospatial analytics module
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