Do you know what types of casualty accumulations are hidden in your portfolio?
Liability events have the potential to cross many lines of business and produce catastrophic losses, especially in today’s interconnected global economies. Conditions that result in significant liability losses can be slow to develop and difficult to anticipate.
Understand your liability risk
Arium liability models enable insurers to evaluate their portfolios and better monitor their risk accumulation across all types of business.
Prepare for events whose scope exceeds historical experience
When a company collapses spectacularly, like Enron in the early 2000s, or a nationwide health crisis affects multiple industries, like the lingering effects of asbestos, robust liability models are needed.
Evaluate many different sources of liability risk
Arium casualty models capture risk from a wide range of casualty scenarios, including product liability, financial misconduct, industrial accidents, cybercrimes, component or ingredient irregularities, and other types of operational risks.
See impacts on related lines of business
The detailed economic network in Arium lets you visualise interconnections between related industries to help make sense of how a significant liability event in one industry can spread to affect the larger global economy in previously unforeseen ways.
Features and capabilities
Historical casualty scenarios
Developed with data from Advisen, these scenarios are based on detailed, company-specific data for tens of thousands of commercial establishments.
Analysis for many different sources of casualty risk
Arium casualty models cover multiple lines of business and capture risk from a wide range of casualty scenarios, including product liability, financial crises, industrial accidents, and component or ingredient irregularities.
Insight into criminal activity
The scenarios and models in Arium include fraud, Ponzi schemes, and other forms of financial misconduct, as well as cyber crimes.
Related resources
Learn more about Verisk’s liability modelling solutions.
Documentation
Extreme Event Solutions Client Portal
Access client-confidential downloads, training, and documentation for Verisk's extreme event solutions model, software, and service offerings.
Article
Emerging Issues: PFAS
Learn about PFAS, a commonly found chemical that could be the next asbestos.
Article
Generative AI In Focus, Part I: Is Generative AI Generating Liability Risks?
Generative AI’s (GAI) capacity to potentially influence a range of liability risk exposures might arise from possible flaws in its training data or outputs.
Resources
About Catastrophe Modeling
In the case of rare but severe events, historical loss information is often unreliable in assessing future loss potential – that's where catastrophe modeling comes in.
General trainings
Certified Extreme Event Modeller (CEEM) Training
Gain insight into the science behind natural catastrophes and a behind-the-scenes look at how catastrophe models are developed and validated.
Research Publications
Verisk Extreme Event Models are developed by experts constantly innovating and driving discovery. Learn more about their groundbreaking work.
Do more with the Verisk ecosystem
Arium harnesses the Verisk data and analytics product ecosystem to support the research and development of a broad range of liability catastrophe models.
Verisk Synergy Studio
Verisk Synergy Studio is a powerful, flexible, and scalable catastrophe modeling and risk management platform, coming in 2026.
Emerging issues and government relations
Stay ahead of what’s coming and leverage our regulatory and legislative acumen.
Streamlined reinsurance pricing and portfolio management
A post-modeling analytics platform to optimise your workflows and maximise profitability.
A scenario-based loss assessment framework
Measure and monitor enterprise-wide casualty risk to quantify the impact of liability risk accumulations in your portfolios.
Contact us to learn more
Telephone support is available at the following offices, please call your local provider at one of the listed numbers below:
Support numbers:
Boston +1 6172676645
London: +44 (0)20 37640300
Munich: +49 (0)89 2323735 0
Hyderabad: +91 40 66002266
Beijing: +86 10 5965 2780
Singapore: +65 6249 0770
Tokyo: +81 (0)3 6551 2840