AIR Worldwide
Software DevelopmentMassachusetts, United States201-500 Employees
Verisk extreme event solutions, originally AIR Worldwide, delivers risk modeling tools designed to help individuals, businesses, and governments anticipate and cope with extreme weather, supply-chain disruptions, terrorism, pandemics, cyber incidents, and other catastrophes. Its models support clients in insurance and reinsurance, financial services, corporate operations, and public sector planning by informing catastrophe risk management, insurance-linked securities, longevity scenarios, site-specific engineering analyses, and agricultural risk management. The company traces its roots to 1987, when Verisk helped establish the catastrophe-modelling field, and today it operates within the software development industry to quantify and apply risk across sectors. The business is based in Boston, Massachusetts. It is a mid-sized company. A notable development in June 2026 involved a major update to its Tropical Cyclone Model for the United States, reflecting ongoing enhancements to how hurricane risk is quantified for insurance, reinsurance, and capital markets.