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.
CATMAP®/2 is the industry standard catastrophe risk assessment and management system for treaty reinsurers. It provides
loss information for a single treaty or an entire portfolio of treaties to support risk
selection and pricing
decisions, retrocessional decision-making, and overall portfolio
management.
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.
AIRProfiler®
is an online tool that provides underwriters, risk managers, real estate agents,
and individual property owners with location-specific hazard information. Users
can access vital, peril-specific location characteristics, such as storm surge
potential or distance to nearest active fault, as well as risk scores – quick
measures of the risk and relative risk associated with a property.
AIRWeather
is AIR’s premier weather risk management service devoted to providing decision-makers in the rapidly expanding weather risk management market with all the weather and climate information they need. The
AIRWeather website provides access to data products and
ClimateCast™ forecasts. Reconstructed, cleaned and raw weather data, from hundreds of weather stations around the world, are available to support your weather-risk decisions. ClimateCast provides access to our probabilistic short-term climate forecasts for two seasons ahead.
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.