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Terrorism risk analysis by location

Pitney Bowes MapInfo : 10 September, 2007  (New Product)
MapInfo software enables insurance companies to assess risks from terrorism by geographical location
Pitney Bowes MapInfo, the leading global
provider of location intelligence, have aligned with Exclusive Analysis,
the leading strategic intelligence company, to provide the insurance
industry with TerrorRisk, a unique and powerful terrorism risk
assessment tool. TerrorRisk, combining Exclusive Analysis' terrorism
forecasting expertise with Pitney Bowes MapInfo's leadership in location
intelligence, employs fact-based, location-specific metrics developed by
Exclusive Analysis to score the maximum likely severity of violent risks
to more than 3,700 global points of interest. Armed with Exclusive
Analysis' insight and the location intelligent capabilities delivered by
Pitney Bowes MapInfo technology, insurers and risk managers are able
to make more insightful underwriting, rating, coverage and risk
selection decisions.

TerrorRisk's global database contains up-to-date intelligence and
high-end analysis covering a range of terrorist threats. The tool
provides insurers and risk managers with the means to evaluate terrorism
risk exposures worldwide on a building-by-building basis, across target
types and by desired political or geographical boundaries-such as city,
country or postal code. TerrorRisk is easily integrated into existing
analytical work suites, enabling insurers to carry out terrorism
exposure location analytics, portfolio risk management, risk proximity
analysis and street-level terrorism risk assessment.

'Terrorism is a paramount global concern for businesses such as
insurance agencies and Exclusive Analysis' risk assessment delivers
targeted and actionable forecasts to help maximise opportunities and
mitigate risk. Our insight coupled with Pitney Bowes MapInfo location
intelligence equips insurance professionals with a complete view of
their overall risk environment, enabling well-grounded business
decisions in underwriting and reinsuring,' said Simon Sole, CEO of
Exclusive Analysis.

TerrorRisk delivers trusted terrorism risk analysis, classifying targets
by name, address and target class. The data set includes locations
considered by Exclusive Analysis to be the most likely terror targets.
This evaluation is based on previous patterns of attacks, both against
individual buildings and more than 40 discrete target classes, analysis
of terror groups, their capabilities and targeting priorities, and the
value of a building as a potential target. When used in conjunction with
Pitney Bowes MapInfo location intelligence solutions, such as the Risk
Data Suite, MapMarker geocoding, and analysis and visualisation
platforms such as MapInfo Professional or Envinsa, TerrorRisk
provides insurers with the most flexible risk analytics solution on the

'Location is one of the most critical elements in assessing risk and
aligning with Exclusive Analysis enables us to provide insurance
companies with an additional trusted analysis solution to help determine
the probability and severity of losses. Potential terrorist attacks have
become an increasingly important risk factor for our clients and the
global insurance industry,' said John O'Hara, Executive Vice President
of International Operations, Pitney Bowes MapInfo. 'TerrorRisk adds
another critical data set to our rapidly growing portfolio of location
intelligence solutions. Risk managers from financial institutions,
manufacturers and global retailers are interested in utilising
TerrorRisk as an attribute of their ERM (Enterprise Risk Management)
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