AIR Worldwide Corporation

www.air-worldwide.com

The complete solution for underwriting decision-making and portfolio management.

The Exposure Concentration Analysis Module allows you to…

Track Portfolio AccumulationsCATStation’s sophisticated mapping tools allow you to accurately depict your concentrations of exposure. Whether viewing an entire portfolio, or the concentration of multi-location policies, CATStation’s mapping tools clearly reveal your accumulations of risk. CATStation allows user-defi ned ring analysis, distance calculations, and multiple layer options.

Monitor Proximity to Potential Terrorist TargetsIn the aftermath of September 11, companies need to know the proximity of individual risks to potential targets of terrorist attack. CATStation allows you to overlay potential terrorist targets from AIR’s comprehensive Landmark Database and calculate the distance to the risks in your book or risks you are currently considering. CATStation also can be used to perform deterministic loss analyses and allows the user to create various attack scenarios by selecting from different weapon types and defi ning the location of an event in order to estimate potential loss.

Monitor Compliance with User-Defi ned Accumulation Rules and Underwriting GuidelinesCATStation goes beyond simple mapping and aggregation functionality by providing a mechanism to monitor compliance with underwriting guidelines through rules-based logic. Guidelines can be set to detect unacceptable accumulations of insured risk for property, workers’ compensation and life lines of business. These guidelines are based on various user-defi ned specifi cations such as state, county, ZIP Code, within a specifi ed radius of other risks, and within a specifi ed distance of potential terrorist targets.

These guideline checks work in real time, alerting underwriters of violations when considering new policies. Underwriters can make the necessary adjustments immediately, thus reducing the risk to the organization. Rules can also be applied at the portfolio level to monitor overall accumulations.

Exposure Concentration Analysis ModuleCombines Pushpin Mapping with 21st Century Technology

How are the

exposures in

your portfolio

concentrated

geographically?

Do you have risks

near potential

terrorist targets?

How can you

ensure new

policies refl ect

your underwriting

guidelines for

accumulation?

Analyze the Exposure

Aggregate maps at county and ZIP Code level.

Location with ring, landmarks, and calculated distance (left) and screen showing deterministic loss analysis for a truck bomb scenario (right).

Hazard Analysis ModuleHazard Analysis ModuleProvides Critical Location-Specifi c Hazard Information

The Hazard Analysis Module allows you to…

Know the HazardsCATStation’s Hazard Analysis Module provides a quick means to assess the catastrophe and other hazards associated with property locations. The information accessed by CATStation is the same as that contained in the extensive hazard databases used in AIR’s state of the art catastrophe models. The module’s peril-specifi c details enable you to evaluate a location’s hazard characteristics and determine if they comply with your company’s underwriting guidelines. You can then make critical underwriting decisions knowing you have referenced the best hazard data available. Filtering and sorting capabilities allow the user to quickly identify locations in the highest hazard areas.

Terrorism Profi leThe Terrorism Profi le provides information on the nearest terrorist target from AIR’s Landmark Database, including distance and landmark type.

Flood Profi le The Flood Profi le indicates the location’s proximity to the nearest 100- and 500-year fl ood zones, as well as distance to major water bodies.

Earthquake Profi leThe Earthquake Profi le provides risk scores for a “typical” building at that location based on 100- and 250-year return periods and the average annual loss. The profi le indicates the location’s relative risk within the county and state, susceptibility to liquefaction, landslide potential, fault-zone information and distance to nearest historical earthquake.

Hurricane Profi le In addition to risk scores and relative risk, the Hurricane Profi le indicates other related hazards including storm surge potential, distance from the coast, and distance to the nearest historical hurricane tracks.

Severe Thunderstorm Profi le The Severe Thunderstorm Profi le provides risk scores, relative risk, and a qualitative description of the annual frequency to which the location is at threat from tornadoes, hailstorms and straight-line windstorms. The Profi le also identifi es the nearest historical events within 50 miles of the location.

How can you

quickly fi nd

out about the

catastrophe and

other hazards

associated with

specifi c property

locations?

Identify the Hazard Analyze the Exposure

Sample fl ood, hurricane and earthquakeprofi les.

The Loss Analysis Module allows you to…

Access the Power of AIR’s Industry Leading Catastrophe ModelsThe CATStation Loss Analysis Module provides fully probabilistic loss estimation for individual policies. Loss estimates include a full probability distribution of losses, including average annual expected loss and probable maximum loss (PML) from catastrophe events. This ensures that underwriters are pricing with full knowledge of the effects of major loss events. This improves profi tability through:

• Better decisions on risk selection • Improved pricing• Underwriting terms that accurately refl ect the risk• Risk transfer alternatives such as facultative reinsurance• Identifi cation of high risk locations within a policy

CATStation extends the power of catastrophe modeling to the underwriter as decisions are being made on individual policies, thereby improving the profi tability of your business.

Highlights of CATStation’s Loss Analysis Module:

• Available for earthquake, hurricane, severe thunderstorm and terrorism• Available for multiple lines of business including property, workers’ compensation and life• Losses are reported on an annual aggregate and occurrence basis• Calculates ground-up, net and gross losses by event • Evaluates loss mitigation strategies and enables “what-if” analyses for individual risks through the application

of a robust engineering module that incorporates detailed information about the structural characteristics of individual risks

Integrate with Corporate Portfolio AnalysisCATStation seamlessly integrates with AIR’s CLASIC/2™ software, a robust desktop catastrophe management system for advanced portfolio loss analysis. Since CATStation is a browser based solution, underwriters anywhere in the organization can enter policies and run catastrophe loss analyses, and the information is incorporated immediately into the corporate portfolio database. Portfolio risk managers can then use CLASIC/2 to analyze the entire portfolio. Together, CATStation and CLASIC/2 provide a complete catastrophe risk management system.

Loss Analysis ModuleLoss Analysis ModuleProvides Vital Probabilistic Loss Information to Support Underwriting Decisions

What does your

policy represent

in terms of loss

potential?

Identify the Hazard Manage the RiskQuantify the Loss

Sample loss report

The complete solution for underwriting decision-making and portfolio management.

Since September 11, 2001, many companies have been struggling with issues of exposure concentration, proximity to natural

and man-made hazards, and the threat of major losses across multiple lines of business. AIR has responded by creating

the tools underwriters need to evaluate risk and enforce corporate guidelines for risk accumulation and loss potential. AIR’s

CATStation is designed to improve catastrophe risk management throughout an organization.

CATStation is…

Exposure Concentration Analysis Hazard Analysis Loss Analysis

CATStation provides…

the tools to improve underwriting decision-making, manage your exposures, and increase the profi tability of your book.

CATStation offers…

Flexibility

Integration Options

CATStation is built on industry leading browser-based architecture and can be hosted through the internet, your

company’s intranet, or can be made available as an Application Programming Interface (API), allowing direct integration

with your existing underwriting system.

Modular Technology

Every company’s underwriting process is different. Every user’s needs are unique. CATStation’s modular architecture

allows you to license only the modules you need so that you can effectively analyze your exposure, identify the hazard,

quantify the potential loss and manage your risk. CATStation can be customized and expanded to meet your growing

business needs.

Address Standardization, Correction, and Geocoding

The ability to identify the exact address of a location is crucial. The accurate assignment of geocodes guarantees

the precision of exposure concentration analysis, hazard analysis and loss estimation. To do this, CATStation uses

advanced tools for geocoding and address scrubbing. This means CATStation takes full advantage of the high-resolution

geographical and geological data embedded in the AIR hazard models - data that can have a signifi cant impact on how

an event affects a specifi c risk.

The Latest Science and Data You Can Trust

CATStation, like all AIR software systems, is driven by the same scientifi cally advanced catastrophe modeling technology

that has made AIR synonymous with technological leadership.

World Class Support

AIR risk management solutions are tailored to meet the unique and changing needs of our clients. All AIR products

and services include extensive technical support. With the availability of on- and off-site training, telephone and online

support, we make sure our clients derive maximum value from AIR technology.

CATStation™

ISO Corporate Headquarters545 Washington BoulevardJersey City, NJ 07310-1686

1.800.888.4476www.iso.com

AIR Worldwide CorporationBoston Headquarters

617-267-6645www.air-worldwide.com

San Francisco l London l Hyderabad

AIR Worldwide Corporation is a wholly owned subsidiary of ISO.© 2003 AIR Worldwide Corporation

CATStation and CLASIC/2 are trademarks of AIR Worldwide Corporation.

®