AIR Worldwide Launches Free COVID-19 Catastrophe Modeling Tool

April 15, 2020

AIR Worldwide has launched a free COVID-19 catastrophe modeling tool, one that predicts cases and offers death projections for the weeks ahead.

The company said its product, formally named the Verisk COVID-19 Projection Tool and designed with AIR’s pandemic modeling data, will provide COVID-19 case and death projections globally over a period of weeks. Plans call for the data to be updated daily to project one day into the future. The target audience: life/health insurers, governments, businesses and communities.

“We’re providing this complimentary tool to give communities, businesses, governments and insurers a better understanding of what the near future of the COVID-19 pandemic could look like,” said Doug Fullam, director of life/health modeling at AIR Worldwide. “Additionally, we are making this information publicly available as we feel it’s imperative to leverage our strengths as a trusted data steward to provide services that benefit the greater good.”

The modeled projections provided in the COVID-19 Projection Tool account for the effectiveness of containment measures, including the impact of social distancing, isolation, quarantining and other mitigation factors. The scenarios provided in the projections tool are designed to help users understand how effective these containment measures are at mitigating the spread of the disease.

AIR Worldwide said the modeled projections of the pandemic are available globally at a country level and the outputs consider many variations in data availability and reliability, including underreporting.

The company added that projections could vary “significantly from week to week, with simulations taking into account things like the latest data, response/mitigation efforts, changes in hospital capacity and other factors, which AIR’s projections reflect.

Click here to view the COVID-19 Projection Tool.

Source: AIR Worldwide