AIR Worldwide (AIR) announced that it has expanded its offerings for commercial insurers with a capability for determining losses from natural catastrophes to buildings under construction.
CLASIC/2 Version 14.0 introduces the ability to model builder’s risk policies for the AIR earthquake and hurricane models for the United States. AIR designed the updated version to support the policy conditions that characterize commercial insurance, enabling companies to assess catastrophe loss potential from the portfolio level down to the individual location level.
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