Risk can suddenly and severely impact the financial well-being of an otherwise stable and profitable company. AIR provides sophisticated analytical tools and software systems to help companies manage that risk. AIR is the world's premier risk modeling and technology firm specializing in risks associated with natural and man-made catastrophes, weather and climate.

Founded in 1987, AIR pioneered the probabilistic catastrophe modeling technology that revolutionized the way insurers, reinsurers and financial institutions manage their catastrophe risk. Our leading edge models of global natural hazards, which form the basis of our software systems, enable companies to identify, quantify, and plan for the financial consequences of catastrophic events.

AIR has developed models covering all major natural hazards, including hurricanes, earthquakes, winter storms, tornadoes, hailstorms and flood, for more than 40 countries throughout North America, the Caribbean, South America, Europe and the Asia-Pacific region.

AIR also models man-made perils. Managing risk from terrorism has, unfortunately, become an essential part of today’s business decision-making process. In the wake of the tragic events of September 11, 2001, and at the urgent request of several clients, AIR developed and introduced the first fully probabilistic terrorism model capable of quantifying the risk from this emerging threat.

Variations in weather and climate can also have serious consequences for a company’s bottom line. According to the US Treasury Department, the profitability of over 70% of companies in the US is affected by the weather. AIR responded to the growing demand for high-quality weather data and climate forecasts by launching AIRWeather™. The technologies developed by the AIRWeather’s meteorologists and climate scientists provide risk managers with all the information they need to quantify their risk, evaluate weather-related contracts, and therefore better manage their financial results.

Companies have come to depend upon AIR's modeling technologies, customized services, and software solutions. These companies use AIR technology to proactively develop their strategies for pricing, underwriting, claims management, individual risk selection, risk transfer and overall portfolio management.

With offices in Boston, London, San Francisco and Hyderabad, AIR is well-situated to help our clients achieve better financial performance by enabling them to objectively assess and manage the risk they face.

AIR is a wholly-owned subsidiary of Insurance Services Office, Inc. (ISO).