Press Release

BOSTON, Sept. 30, 2016 - Catastrophe modeling firm AIR Worldwide is proud to announce that for the fourth consecutive year, it has been named “Best Risk Modeling Firm” at the 2016 Reactions North America Awards held on September 29 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 was also named “Best Latin America Risk Modeler” for the second year in a row at the 2016 Reactions Latin America Awards held in May.

“AIR Worldwide has once again shown itself to be at the top of its game when it comes to modeling and understanding the current and emerging risks its clients face,” said Christopher Munro, Americas editor at Reactions. “We at Reactions congratulate AIR Worldwide for the work they have done and are very pleased to present them with the award for North American Risk Modeler of the Year.”

“It is an honor to be recognized for the fourth year in a row as the best risk modeling firm by our distinguished peers in the insurance community, and we appreciate the continued vote of confidence in AIR,” said Rob Newbold, executive vice president, business development and consulting & client services at AIR Worldwide. “As the needs of our clients and risk management industry evolve across the globe, AIR continues to deliver the most scientifically credible models and innovative software platform, coupled with our continued focus on providing outstanding service and support, which is truly helping companies to better own their risk.”

In July, AIR released Version 4.0 of its catastrophe risk modeling software platform, Touchstone®, which continues to gain momentum with rapid adoption across the global marketplace. Version 4.0 of Touchstone introduced a variety of improved workflows to enhance performance. Along with the release of Touchstone 4.0, AIR announced model updates to the global terrorism model and Southeast Asia earthquake and typhoon models, and a new earthquake model for India to allow companies to develop their own view of risk.



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