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AIR software systems are designed to meet specific corporate needs
in the assessment and management of catastrophe and weather risk. Intuitive design, easy-to-use
interfaces, and the ability to integrate data and import results from one application into
another make AIR's suite of software applications the preferred choice of
companies around the world.
The broad appeal and proven effectiveness of AIRs catastrophe risk management software systems
are attributable to the following important features:
- Comprehensive and reliable analysis results driven by the most
scientifically advanced natural hazard and
climate models available
- Transparency of analysis results
- Built in mapping, charting, and graphing utilities
- Reporting capabilities designed for the decision-maker
- Logical and intuitive user interfaces
- Ability to integrate output with other AIR systems and Dynamic Financial Analysis (DFA) models
Multi-tiered Desktop Applications
CLASIC/2 is the perfect desktop tool for individual risk selection, pricing and portfolio management, making it the ideal system for insurance and facultative reinsurance underwriters, insurance company catastrophe risk managers, managing general agents, and claims managers. The system estimates the catastrophe risk to an individual location or policy, as well as to an entire portfolio of policies using detailed primary and secondary risk information, insurance coverage terms, and both treaty and facultative coverage conditions.
CATRADER® is the software system of choice for global reinsurers. It is also extensively used by insurance company financial managers and investment professionals holding portfolios of catastrophe risk. The system provides comprehensive analysis of loss probabilities on individual catastrophe treaties or contracts, or on portfolios of treaties or contracts. CATRADER® is the ideal tool for evaluating the marginal impact of a treaty or contract on the portfolio. It can also be used to evaluate a company's basis risk and the risk associated with catastrophe-linked securities.
AIR provides superior customer support for all desktop applications. Each software license includes the following:
- Onsite installation and initial training
- Responsive software support by knowledgeable staff via telephone and internet
- Availability of regularly scheduled training in Boston and London
- Regular software updates
- Access to AIR's ALERT web site for up-to-date information on natural catastrophes in real time
Online Applications
CATStation® is the complete solution for underwriting decision-making and portfolio management. CATStation® seamlessly combines exposure concentration analysis, hazard analysis, and policy-level loss analysis. CATStation® is designed to improve catastrophe risk management throughout an organization.
ALERT provides AIR clients with reliable catastrophe loss information in real time as actual events unfold. In addition to a range of potential event scenarios and loss estimates available for online viewing, clients who license AIR's desktop systems can download event sets for further analysis of potential losses based on their own property exposures.
We invite you to explore how AIR's risk management software systems can benefit your organization.
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