AIR upgrades web-based cat-risk management system

Air Worldwide Corporation (AIR) has released the latest version of CATStation, its web-based catastrophe risk-management system. The firm claims its product now provides insurers with the improved ability to manage accumulations of risk at a highly localised level. CATStation also includes a number of enhancements aimed at improving insurer workflow for catastrophe-risk assessment.The software allows companies to conduct analyses to assess the number of insured risks or aggregate insured val