Discover hidden risks and manage your exposure with the AIR Model for Terrorism.
The threat of global terrorism continues to rise. Since 9/11, managing risk from terrorism has become an essential part of business. The AIR model helps you estimate losses to support pricing and underwriting decisions down to the individual policy level.
Generate multifaceted policy and portfolio loss estimates.
Model property and casualty―including workers' compensation―and life and health losses from a wide range of both conventional and non-conventional weapons. Explore the impacts of extreme events that have no historical precedent, including conventional bomb blasts; chemical, biological, radiological, and nuclear (CBRN) weapons; and airplane crashes.
Run three types of analyses with one model.
Evaluate terrorism risk deterministically, probabilistically, and geospatially, all on a single platform for a comprehensive assessment.
Manage exposures anywhere in the world.
With the Geospatial Analytics Module in Touchstone®, manage accumulations and exposed limits for both property and workers’ compensation exposures using a ring analysis with user-defined damage ratios, dynamic ring analysis, or by using terrorism risk maps and indexes from AIR sister company Verisk Maplecroft.
Test international deterministic loss scenarios.
Select a known location in the U.S. or 27 other countries, or a target in AIR’s landmark database, and choose from a variety of weapon types to test custom “what-if” attack scenarios.
Consider the impact of blast intensity and damage on losses.
Get damage and loss estimates that reflect the size, location, and intensity of conventional bombs within a built environment—from the exterior to the interior of buildings.
Demonstrate sound risk management practices to rating agencies.
You can use our model to develop comprehensive responses to A.M. Best’s Supplemental Rating Questionnaire, including the workers’ compensation component.
Assess the impact of attacks on high-value targets.
Our extensive landmark database contains potential U.S. targets, such as commercial, industrial, educational, medical, religious, and governmental facilities, and a subset of “trophy” targets carrying a higher probability of attack.
AIR currently offers terrorism models for:
Countries supported for deterministic loss analyses (in Touchstone®) only: Australia, Belgium, Brazil, Canada, China, Colombia, France, Germany, Greece, India, Indonesia, Ireland, Israel, Italy, Japan, Kenya, Lebanon, Mexico, Netherlands, Philippines, Russia, Singapore, South Africa, Spain, Thailand, Turkey, and the United Kingdom.
*AIR has the added capability, on a consulting basis, of analyzing terrorism risk both deterministically and probabilistically in any country.