The Navigators Group, a commercial P&C specialty insurance holding company, has selected CLASIC/2 and CATRADER catastrophe modeling solutions from AIR Worldwide (AIR) to manage its catastrophe risk. The Navigators Group will leverage AIR’s catastrophe models to assess risk from wind, flood and earthquake for their exposures in North America, Latin America, Europe and Japan.
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AIR says CLASIC/2 and CATRADER catastrophe risk management solutions are designed to meet the complex needs of the insurance industry, enabling companies to assess catastrophe loss potential from the portfolio level, down to the individual location level. AIR’s catastrophe models incorporate science and engineering to provide a comprehensive and realistic view of risk.
