AIR provides catastrophe risk modeling solutions that make individuals, businesses, and society more resilient.
AIR In the News

BOSTON, Sept. 24, 2014 - Catastrophe modeling firm AIR Worldwide is proud to announce that it has been named "Best Risk Modeling Firm" at the 2014 Reactions North America Awards held on September 23rd in New York. The Reactions Awards highlight top-class performance and innovation within the global insurance industry.They recognize the best insurance, reinsurance, and broking firms,as well as the industry's best leaders and service providers around the globe.

"AIR Worldwide helps both re/insurers and brokers get a better understanding of the risks they face or present to the market,"said Christopher Munro, Americas editor at Reactions. "This award is in recognition of AIR Worldwide's hard work in making sure its clients have the best possible information to assist them in their business activities throughout the region. Part of this has been the continued development of its Touchstone platform with more than 90 companies having implemented the product. The Reactions team congratulates AIR Worldwide for winning this category."

"It is an honor to be recognized for the second year in a row as the best risk modeling firm by our distinguished peers in the global insurance community," said Ming Lee, president and CEO, AIR Worldwide. "AIR continues to meet the current and evolving risk management needs of our clients by delivering the most scientifically credible and advanced models on the market. This award signals that our hard work and dedication to model and software development, as well as superior customer service and support are truly helping companies to better own their risk."

In July, AIR released Version 2.0 of its catastrophe risk modeling software platform, Touchstone®, which continues to gain momentum with rapid adoption across the global marketplace. Version 2.0 introduced the ability to account for both catastrophe and noncatastrophe risk (for example, fire and vandalism) in a single platform, providing a more comprehensive view of risk. Touchstone 2.0 also features a new "underwriting mode" to streamline the account underwriting process, and new functionality that enables companies to better adjust model output to reflect their own view of risk.



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