16 April 2020Insurance

New tool provides COVID-19 case and death projections globally

Catastrophe risk modeling firm AIR Worldwide has launched a COVID-19 projection tool that provides coronavirus case and death projections worldwide, including the underreported cases and deaths.

The Verisk COVID-19 Projection Tool leverages data from an AIR Worldwide catastrophe model, and accounts for the effectiveness of containment measures, including the impact of social distancing, isolation, quarantining, and other mitigation factors. The scenarios provided in the projections tool give the means to help understand how effective these containment measures are at mitigating the spread of the disease.

AIR said the modeled projections of the pandemic will be available globally at a country level for the next four weeks and the data will be updated on a daily basis to project one day further into the future.

“We’re providing this complimentary tool to give communities, businesses, governments, and insurers a better understanding of what the near future of the COVID-19 pandemic could look like,” said Doug Fullam, director of life/health modeling at AIR Worldwide. “Additionally, we are making this information publicly available as we feel it’s imperative to leverage our strengths as a trusted data steward to provide services that benefit the greater good.”

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