US-based firm AIR has launched the latest version of its European windstorm model, claiming it will improve underwriters' accuracy.
Windstorm models are used by insurers to predict potential losses on any book of business.
AIR's European windstorm uses weather prediction technology, which it claims can predict European storms with high levels of accuracy.
Neil Wiseman, managing director of AIR in London, said: "We believe the model will produce more accuracy in potential losses."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
