Over 90 companies implement AIR’s Touchstone

More than 90 companies across the insurance industry have implemented catastrophe modelling firm AIR Worldwide’s platform Touchstone.

Touchstone was first introduced in January 2013, and Version 2.0 of the software was released in July 2014.

The second version introduced the ability to account for both catastrophe and non-catastrophe risk in a single platform, providing a more comprehensive view of risk.

“While we’ve invested and will continue to invest in Touchstone, we’re just at the start of a multiyear effort that will that make Touchstone the cornerstone of our clients’ business analytics,” said Bill Churney, chief operating officer, AIR Worldwide.

“We’ll continue to build Touchstone to offer even more flexibility, a broader range of analytics, and seamless integration of catastrophe modelling with the broader risk management landscape.”