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."
