Underwriting Terrorism risk is a huge challenge for the insurance industry.  Ty Sagalow WRIN.tv spoke with Christopher Holt, Crisis Management consulting director at Towers Watson about the risk of terrorism and Sunstone, a new terrorism risk modeling software product .

According to Chris Holt, terrorism includes political violence that can happen in emerging markets. Concern about renewal of TRIPRA has made risk managers wanting a better understanding of their exposure.

While terrorism is nearly impossible to predict, Sunstorm can help assess a broad range of attack types, enabling a better reflection of potential exposures to events in developing countries that might be situated anywhere on the terrorism and political violence spectrum.  Risk managers can manage risks from terrorism to sabotage through political violence and from war to civil war.