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Technology - AIR upgrades web-based cat-risk management system.

Europe Intelligence Wire

| September 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Reinsurance)

Air Worldwide Corporation (AIR) has released the latest version of CATStation, its web-based catastrophe risk-management system. The firm claims its product now provides insurers with the improved ability to manage accumulations of risk at a highly localised level. CATStation also includes a number of enhancements aimed at improving insurer workflow for catastrophe-risk assessment.

The software allows companies to conduct analyses to assess the number of insured risks or aggregate insured value across lines of business within rings of user-specified radii. Insurers can ...

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