After the acquisition these services continued under the name Verisk Extreme Event Solutions.

[1] Karen Clark, the developer of the first commercial hurricane catastrophe model, founded Applied Insurance Research in 1987, with CATMAP as its first product introduced later that same year.

[2] CATMAP provided a catastrophe loss analysis system for treaty insurers and reinsurers in particular.

Over ten major insurance companies faced insolvency as a result of Hurricane Andrew alone.

[5] Analyze Re, a software analytics provider for the reinsurance and insurance industries, became a part of AIR's operational domain in 2016, and then Arium, a company specializing in liability risk modeling, followed in 2017.