AIR Launches Operations in India.Business Editors BOSTON--(BUSINESS WIRE)--Nov. 13, 2000 Applied Insurance Research (AIR), the Boston-based catastrophe modeling
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. of the Software Technology Parks of India Software Technology Parks of India (STPI) is a government agency in India, established in 1991 under the Ministry of Communications and Information Technology, that manages the Software Technology Park scheme. (STPI STPI Software Technology Parks of India STPI State-Trait Personality Inventory STPI Stentor Telecom Policy, Inc. STPI Software Test Process Improvement STPI Services Transaction Program Interface (IBM) ). "India represents an immensely rich source of highly-skilled human capital," said AIR Senior Vice President Vivek Basrur. "The launch of operations in India will be of enormous benefit in terms of the timely delivery of new and enhanced software applications to our clients worldwide," he added. The focus of AIT will be software development, enhancement and quality assurance in conjunction with AIR's Boston operations. "This is exciting news for our clients," said Dr. Praveen Sandri, Managing Director of AIT. "Within a year the software development groups in Boston and Hyderabad will be functioning as a single team to design, implement, test, and enhance software deployed by AIR's clients around the world." Applied Insurance Research is the technological leader in providing catastrophe modeling services and computer software solutions (CATMAP(R)/2, CLASIC(TM), CLASIC/2(TM) and CATRADER(R)) to the insurance, reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. and capital markets. AIR's models simulate simulate - simulation losses from natural catastrophes such as hurricanes, hail, tornadoes, other windstorms, flood and earthquakes in over 20 countries. Offices are located in Boston, London, and Seattle. The company's Web address is www.air-worldwide.com. |
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