Documentation
Next Generation Models (NGM) Documentation
In 2024, NGM became Verisk’s default view of risk for catastrophe modeling in Touchstone. Verisk’s Next Generation Models (NGM) improve the accuracy and flexibility of modeling complex business workflows and provide fully probabilistic financial modeling at all levels. They also enhance financial terms and contract setup, model and capture all insurance coverage and geospatial dependencies in loss accumulation and provide a more complete view of tail risk.
See below for documentation provided by Verisk Extreme Event Solutions experts:
Financial and Policy Terms for Touchstone NGM
