Verisk Extreme Event Solutions
Catastrophe risk modeling and analytics for insurers, reinsurers, and risk managers worldwide.
Overview
Verisk Extreme Event Solutions is a catastrophe risk modeling and analytics solutions provider serving insurers, reinsurers, brokers, and governments globally. The division, part of publicly traded Verisk Analytics (Nasdaq: VRSK), focuses on quantifying financial exposure from natural catastrophes, terrorism, pandemics, cyber incidents, and supply chain disruptions.
The division's flagship platform, Touchstone, combines a library of 100+ peril models with portfolio management workflows, enabling carriers and reinsurers to assess and manage catastrophe risk across complex books of business. Delivery is cloud-based, with REST API access and integrations with core insurance platforms such as Guidewire and Duck Creek. The Next Generation Models (NGM) suite, released in 2024, reflects updated climate data and evolving geopolitical risks.
Founded in 1987 as Applied Insurance Research and rebranded to AIR Worldwide in 2002 before transitioning to the Verisk brand in January 2022, the company counts the top 10 US P&C insurers and nine of the top 10 global P&C insurers among its customers. A next-generation platform, Verisk Synergy Studio, is scheduled for launch in 2026.
Products & Services
Touchstone Platform
The Touchstone platform provides catastrophe risk modeling and portfolio management for insurers and reinsurers. It integrates Verisk's model library with workflow tools to support exposure management, loss estimation, and strategic planning.
Key Features
- Portfolio analysis across multiple perils and geographies
- Customizable workflows for catastrophe event management
- Integration with leading insurance core systems
- Cloud-based delivery with scalable computation
Target Users: P&C carriers, reinsurers, catastrophe managers, actuaries
Next Generation Models (NGM) Suite
A suite of 100+ catastrophe and risk models covering natural and man-made perils, developed by Verisk's in-house research teams. The NGM suite reflects near-present climate conditions and includes models updated for evolving risks.
Key Features
- 100+ models covering natural catastrophes, terrorism, pandemics, and cyber
- Continuous model review, refinement, and validation
- Designed for use within Touchstone and via API
Target Users: Underwriters, actuaries, catastrophe analysts
Strikes, Riots & Civil Commotion (SRCC) Model
Industry-first catastrophe model quantifying financial impacts from SRCC incidents in the United States, released April 2025.
Key Features
- Quantifies political violence and civil unrest losses
- First-of-kind model for the US market
- Integrated with the NGM suite
Target Users: Specialty and E&S insurers, political risk underwriters
Verisk Synergy Studio
A next-generation catastrophe modeling and risk management platform scheduled for launch in 2026, designed to replace and extend Touchstone with greater flexibility and scalability.
Key Features
- Modern, scalable cloud architecture
- Flexible risk management and modeling workflows
- Successor platform to Touchstone
Target Users: Insurers, reinsurers, risk modelers
Catastrophic Event Consulting Services
Tailored consulting services supporting customer risk strategy, including expert peril and regional studies to strengthen planning and stakeholder management.
Target Users: Risk managers, executive leadership at insurers and reinsurers
Global Loss Indices
Annual reporting on global modeled insured catastrophe losses, used by market participants to benchmark exposure. The 2025 report estimated global average annual insured property loss at USD 152 billion.
Target Users: Reinsurers, brokers, capital markets participants
At a Glance
- Founded
- 1987
- Headquarters
- Boston, Massachusetts
- Employees
- 501-1000
- Funding
- Public
Category & Focus
- Category
- Reinsurance Technology
- Subcategories
- Catastrophe Modeling Risk Analytics Natural Hazard Risk Terrorism & Political Violence Modeling
- Insurance Verticals
- P&C Commercial Specialty/E&S Reinsurance
- Target Customers
- Carriers, Reinsurers, Brokers, MGAs/MGUs
Customers
- USAA
- Sirius Group
- Malaysian Re
- Top 10 US P&C insurers (all)
- Nine of the top 10 global P&C insurers
Last updated: 2026-05-18