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2016-05-16

AIR Worldwide: AIR Worldwide Releases Hosted Cloud Solution

For Immediate Release:

AIR Worldwide Releases Hosted Cloud Solution

BOSTON, May 16, 2016 - Catastrophe modeling firm AIR Worldwide announced that
it has released a hosted cloud solution for its catastrophe risk management
platforms Touchstone®and CATRADER®. The AIR Cloud is a secure, feature-rich
environment that enables companies to conduct all of their analyses remotely
while minimizing capital expenditure. More than a dozen companies are already
up and running on the AIR Cloud, including the recent addition of American
Family Insurance. AIR Worldwide is a Verisk Analytics (Nasdaq:VRSK) business.

"Deploying our catastrophe modeling environment to the AIR Cloud is a safe,
dependable choice that provides all the functionality of an on-premises
installation while reducing our IT spend," said Warren W. Hopper, CCM, vice
president, BancorpSouth Insurance. "With AIR's hosted cloud solution, we
don't have any infrastructure, maintenance, or hardware procurement concerns,
and we were up and running in a matter of days. We're extremely pleased with
our overall user experience on the AIR Cloud. The process has been seamless,
and the performance mirrors that of an on-site implementation."

The AIR Cloud provides a secure, scalable way to access Touchstone that offers
all the benefits, features, and security of an on-premises installation
without the expense of maintaining a catastrophe modeling platform on-site.
With the AIR Cloud, companies can access their catastrophe modeling platform
from anywhere on any device at any time to conduct detailed risk analyses,
with no special software or third-party plug-ins required. Additionally, the
AIR Cloud reduces demand for IT resources because AIR handles all
installation, maintenance, and support.

The AIR Cloud supports integration of Touchstone with the customer's existing
business systems using APIs (application program interface). The AIR
Cloud-hosted Touchstone environment is maintained in certified
state-of-the-art data centers and fully isolated from other cloud tenants in
terms of security fencing and compute and storage resources. Data is
protected by industrial-grade security measures and technologies both in the
AIR Cloud and during transfer. By using the AIR Cloud, organizations can
ensure the software is kept up to date on their schedule, allowing for
continued high performance.

"AIR is committed to providing clients with the catastrophe modeling
environment that works best for their organization, whether on-premises or in
the cloud," said Peter Lewis, senior vice president at AIR Worldwide.
"Increasingly, companies are looking for ways to perform sophisticated risk
management analyses without undertaking the large capital expenditure
required to build a catastrophe modeling environment on-site. With the AIR
Cloud, clients can leverage the high-performance technology of Touchstone to
conduct all their analyses remotely."

About AIR Worldwide

AIR Worldwide (AIR) provides catastrophe risk modeling solutions that make
individuals, businesses, and society more resilient. AIR founded the
catastrophe modeling industry in 1987 and today models the risk from natural
catastrophes and terrorism globally. Insurance, reinsurance, financial,
corporate, and government clients rely on AIR's advanced science, software,
and consulting services for catastrophe risk management, insurance-linked
securities, site-specific engineering analyses, and agricultural risk
management. AIR Worldwide, a Verisk Analytics (Nasdaq:VRSK) business, is
headquartered in Boston with additional offices in North America, Europe, and
Asia. For more information, please visitwww.air-worldwide.com.

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For more information, contact:
Kevin Long
AIR Worldwide
617-267-6645
klong@air-worldwide.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AIR Worldwide via Globenewswire

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