Managing risk from terrorism is now an essential part of business. Verisk Terrorism Models help you estimate losses to support pricing and underwriting decisions down to the individual policy level.

Discover hidden risks and manage exposure

Global terror remains an important risk for the insurance and reinsurance industry, particularly given heightened geopolitical sensitivities. Improved risk and capital management require a more thorough understanding of historical losses, as well as what they could mean given today's threats and exposures.

Generate multifaceted policy and portfolio loss estimates

Explore the impacts of extreme events that have no historical precedent, including conventional bomb blasts; chemical, biological, radiological, and nuclear (CBRN) weapons; and airplane crashes.

Run three types of analyses with one model

Evaluate terrorism risk deterministically, probabilistically, and geospatially, all on a single platform for a comprehensive assessment.

Manage exposures anywhere in the world

Run a ring analysis with user-defined damage ratios, dynamic ring analysis, or by using terrorism risk maps and indexes from Verisk Maplecroft.

Test international deterministic loss scenarios

Select a known location in the US or 27 other countries, or a target in Verisk’s landmark database, and choose from a variety of weapon types to test custom “what-if” attack scenarios.

Consider the impact of blast intensity and damage on losses

Get damage and loss estimates that reflect the size, location, and intensity of conventional bombs within a built environment—from the exterior to the interior of buildings.

Features and capabilities

Supported geographic resolution

The modeling framework simulates damage at a fine and realistic resolution: latitude/longitude at 1km for the entire United States, plus finer ZIP Code resolution for 15 metropolitan areas.

US landmark database

This data set includes prominent buildings, headquarters of Fortune 500 companies, transportation hubs, sports venues, government buildings, and many medical and educational institutions, plus 100 “trophy” targets with a high probability of being attacked.

500,000-year stochastic catalog

A catalog this large helps reduce uncertainty in the variability of losses.

Dozens of supported construction types

The models support 45 construction classes, 110 occupancy classes, and five urban density classes.

Broad support for policy conditions

The models support policy conditions like franchise deductibles, coverage limits, loss triggers, and risk-specific reinsurance.

Lines of business supported

Residential, commercial/industrial property, mobile home, automobile, and workers’ compensation lines of business are supported.

Detailed loss results

Loss calculation framework and cellular damage aggregation approach permit detailed loss results for a specific floor of interest.