Class of 2020 insurers select AIR for catastrophe risk modelling
Newly formed insurance industry companies that are part of the Class of 2020 have chosen AIR Worldwide to help them model and manage catastrophe risk. Bermudian-based Conduit Re, Vantage Risk and Integral ILS Ltd, are among those who have opted to use AIR, a Boston-headquarted company that has been providing risk modelling solution since 1987. Trevor Carvey, chief executive officer of Conduit Re, said: As a pure play global reinsurance business with an ambition to write a profitable and well-diversified book of business, it was important for us to find a modeller who understood our needs and was able to offer sophisticated yet easy to use solutions to help manage our growing reinsurance portfolio. He added: With this in mind, we selected AIR because of their commitment to providing the best in class catastrophe models coupled with cutting edge software technology, which was easily integrated into our underwriting platform and workflow. Chris McKeown, chief executive of Reinsurance and ILS for Vantage Group, said: Vantage Risks initial launch has been very successful in reinsurance.
Class of 2020 insurers select AIR for catastrophe risk modelling
Newly formed insurance industry companies that are part of the Class of 2020 have chosen AIR Worldwide to help them model and manage catastrophe risk. Bermudian-based Conduit Re, Vantage Risk and Integral ILS Ltd, are among those who have opted to use AIR, a Boston-headquarted company that has been providing risk modelling solution since 1987. Trevor Carvey, chief executive officer of Conduit Re, said: As a pure play global reinsurance business with an ambition to write a profitable and well-diversified book of business, it was important for us to find a modeller who understood our needs and was able to offer sophisticated yet easy to use solutions to help manage our growing reinsurance portfolio. He added: With this in mind, we selected AIR because of their commitment to providing the best in class catastrophe models coupled with cutting edge software technology, which was easily integrated into our underwriting platform and workflow. Chris McKeown, chief executive of Reinsurance and ILS for Vantage Group, said: Vantage Risks initial launch has been very successful in reinsurance.