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What is Touchstone?

Introducing a thorough risk management solution designed for conducting the intricate analyses necessary to understand and control your risk environment. This platform enables you to gain insights into your potential exposure to significant losses from catastrophic events, both now and in the future. An increasing number of businesses are choosing Touchstone® as their primary tool for modeling extreme event risks, as it meets the rising expectations for improved performance, transparency, and flexibility. Seamlessly progress from gathering data to deriving actionable insights with remarkable efficiency. Touchstone supports near real-time decision-making, ensuring that you receive crucial insights rather than merely a flood of information. By reducing the time spent waiting for data, it allows for quicker action and response. Furthermore, by integrating both internal and external risk perspectives within a unified platform, Touchstone boosts business agility and cultivates innovation. It also grants you the flexibility to factor in your specific claims history, utilize assumptions from your internal analyses, or perform sensitivity assessments by modifying loss parameters linked to extreme events based on various factors such as geography, event characteristics, and specific exposure traits. With Touchstone, you can effectively navigate the complexities of risk management and make informed strategic decisions with confidence, ultimately enhancing your organization's resilience in an unpredictable landscape.

What is The XDI Climate Risk Hub?

The XDI Climate Risk Hub delivers top-tier analyses of physical climate risks on demand. Users can quickly access risk ratings for specific assets or entire portfolios, with ratings categorized into five bands derived from ten distinct hazards. Key indicators include Maximum Value At Risk and potential productivity losses, with assessments based on Representative Concentration Pathways (RCPs) and scenarios outlined by the Network for Greening the Financial System (NGFS), covering years from 1990 to 2100. The platform boasts impressive spatial resolution, reaching as fine as 5 meters by 5 meters, and offers extensive customization options. XDI enhances its risk evaluations by integrating engineering data, hazard specifics, and contextual information alongside weather, climate, and financial datasets. The engineering assessments focus on vulnerabilities linked to 140 standardized archetypes, which encompass residential, industrial, and commercial structures, allowing for adaptations to be tested for resilience. Hazard probabilities are derived from historical weather data beginning in 1990, taking into account the local environment, including features such as topography and soil characteristics, alongside flood mapping and various other relevant factors. This multifaceted approach ensures a comprehensive understanding of potential risks associated with climate change.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Verisk

Date Founded

1971

Company Location

United States

Company Website

www.air-worldwide.com/software-solutions/Touchstone/

Company Facts

Organization Name

XDI

Date Founded

2016

Company Location

Australia, UK

Company Website

xdi.systems

Categories and Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Categories and Features

Environmental

Air Management
Auditing
Compliance Management
Document Management
Emissions Inventory
Hazardous Materials Control
Sustainability Management
Training Management
Waste Management
Water Management

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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