Towers Watson, the professional services company, has introduced new predictive modeling software, called Sunstone, designed to assess terrorism risk. The analytics product is designed to provide both insurers and non-insurers with a better understanding of their terrorism risk exposure.
“Our focus has been on creating a product that considers the broad scope of both known and emerging threats, and reflects the complex and changing nature of global terrorism for a wide range of clients,” said Chris Holt, crisis management consulting director, who led the model development team. “Our terrorism experts have considered the evolving nature of the threat and with the support of catastrophe modelers, have projected this into a range of attack and target types that might be anticipated in years to come.”
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