Applied Insurance Research , Inc.

Industry:	Insurance
Revenues:	$15.9 Million
Employees:	109

Description

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).

Products & Services

catastrophe modeling

News Archive

Aquiline Announces Investment in TigerRisk to Fund Continued Growth.(Company overview) Business Wire; 10/6/2009 ...is an internationally recognized expert in the field of catastrophe risk and management and in 1987 founded Applied Insurance Research, the first catastrophe modeling company. About Aquiline Capital Partners LLC Aquiline is a private equity... ...more