Our data and expertise empower the insurance sector to make better informed underwriting decisions and manage their exposure to political violence and terrorism.
With catastrophe models covering strikes, riots and civil commotion (SRCC) and terror, a deterministic terror model, a suite of political risk indices assessing terror, SRCC and war on land, and expert analysis from a team of our country and regional experts, we offer a full-spectrum political violence service covering current and future risks the world over.
As losses from strikes, riots and civil commotion have risen to unprecedented levels, outnumbering losses from terrorism by a factor of 10 in the last decade, we have developed the world’s first SRCC catastrophe model covering the United States.
This sits alongside established deterministic and probabilistic terror models that have been used by the insurance sector for two decades. While the nature of terrorism has changed, it remains a material risk that can catastrophically impact your exposures.
While these models allow you to go deep into an issue and obtain annual average losses, model historic events and obtain EP curves, our offering also allows you to go broad through our global political violence index scores.
This suite of transparent, dynamic, high resolution, and in some cases predictive risk index scores enables you to accurately assess a global footprint of exposures on a consistent basis, tracking changes in hazard and exposure distribution over time and enabling you to understand the risks an exposure faces at the point of underwriting.
The Scores enabling you to forecast and monitor geospatial SRCC risks for more than 50,000 counties and districts globally, for 12 months into the future
Learn moreThis catastrophe model estimates losses related to damage and business interruption from fire, looting and vandalism
Learn moreVerisk Terrorism Models help you estimate losses to support pricing and underwriting decisions down to the individual policy level
Learn moreBy combining indices with global coverage across 12 political violence issues and our knowledgeable experts, we help simplify the complex PV risk environment