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The industry is demanding models that are more detailed, sophisticated, and higher in resolution, and with greater model coverage around the world.
Touchstone is a revolutionary platform engineered to empower flexibility for today's wide range of risk management workflows. Not only does it host AIR's ever-expanding suite of models, but its power and flexibility enable near real-time decision-making with more of the insight you want, not just more data points. With Touchstone, you can truly own your risk.
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An open and flexible platform
Touchstone has an open platform architecture, which means you can seamlessly integrate non-AIR data and models to manage your non-modeled risk, or even to test alternative views for perils and regions where an AIR model already exists.
Import your own custom hazard layers, or take advantage of third-party resources (like flood hazard maps, worldwide terrorist targets, historical event intensity footprints) from various organizations that have signed agreements with AIR to provide their data in Touchstone.
Touchstone also gives you the flexibility to modify modeled losses by event, region, line of business, or coverage to develop your own view of risk. We make it easy to manage your business based on your unique needs.
The core value of any catastrophe modeling company is in developing scientifically sound, reliable models—and Touchstone is setting the new standard in delivering these models in a cost-effective, flexible, and high performing manner. But we're not done yet.
We're building Touchstone to be the platform on which you can build a broad analytics infrastructure. We've already integrated non-catastrophe analytics to give you the most comprehensive view of your entire risk profile, including losses from perils like fire, lightning, and vandalism.
Future releases will offer:
Comparative analytics, to see how your current portfolio losses stack up with those from previous periods (coming in V3.0!)
For reinsurers, multi-portfolio accumulation management capabilities and dynamic portfolio analysis
Access to detailed hazard data by stochastic event to give you even more insight into the drivers of loss (coming in V3.0!)
Ability to modify underlying model assumptions—such as vulnerability and event severity and frequency
This is just some of what's in store for Touchstone. As your needs continue to evolve, we'll be right there with you.