GUY CARPENTER enters exclusive strategic agreement with SYNTHETIK to enhance terrorism modeling capabilities

2 June 2020 — Andrei Victor
GUY CARPENTER - the risk and reinsurance specialist and a business of MARSH & McLennan Companies, announced that it has entered into an exclusive multi-year agreement with SYNTHETIK to further enhance its proprietary terrorism modeling product, SUNSTONE.

An applied technology and engineering company, SYNTHETIK specializes in explosive blast and weapons effects modeling, working with both government bodies and the private sector to develop data science applications, models and simulation code.

SYNTHETIK provides state-of-the-art computational modeling for the global terrorism (re)insurance market. SYNTHETIK has collaborated with GUY CARPENTER and incorporated its software into a terrorism insurance loss model. SYNTHETIK's 3D blast load calculation software has been applied to cityscape models to provide a virtual representation of central business districts around the world.

The software allows for accurate calculations of blast loading, including full computational fluid dynamic (CFD) modeling and sophisticated structural response.

The technology works with SUNSTONE, GUY CARPENTER's leading global terrorism portfolio risk model, and allows the firm to better interrogate a client's most concentrated exposures. This greater precision reduces uncertainty and can result in more accurate probable maximum lossesthan those generated by less sophisticated techniques. This cityscape modeling offers unprecedented scale, precision and speed, enabling GUY CARPENTER to more effectively advise clients.

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