In this briefing, Stephen Hudson, Managing Director and Head of Political Violence Advisory, discusses how Sunstone®, Guy Carpenter’s market-leading approach to terrorism modeling, offers an unparalleled approach to managing portfolio risk.
With 1.5 million targets, it is a truly global model. With more than 40 attack types, it considers the full spectrum of events. This includes extreme-impact-but-rare events, but also the more simplistic, often opportunistic events that happen most frequently.
Alongside Sunstone’s core model, Guy Carpenter has worked with Synthetik Insurance Technologies for 10 years to guide the development of Cityscape, utilizing a validated 3-D computational fluid dynamic (CFD) blast insurance model.
Guy Carpenter has applied its understanding of market requirements and Synthetik has met these requirements with their advanced physics-based applied technologies. Cityscape addresses the (re)insurance industry’s need to achieve both precision and efficiency when modeling explosive blasts, including terrorism.