The Insurance Development Forum has made a suite of climate and disaster risk modelling tools available for free on its website. The tools were developed with funding provided by IDF industry members AIG, Aon, AXA, Convex Insurance, Guy Carpenter, Howden, RenaissanceRe, SCOR and WTW. The eight available tools were developed in partnership with Oasis and Maximum Information.

Jeff Manson, member of the IDF’s operating committee, said: “The launch of these tools, which are founded on re/insurance expertise, marks a major milestone in the Insurance Development Forum’s commitment to making high-quality risk analytics and data accessible to all.

“By ensuring these capabilities are open and freely available, we lower the financial barrier to entry and enable governments, businesses and communities to better understand and manage their risks, ultimately leading to more resilient societies.”