RiskMeter's Custom Coastline Reports for MGAs
MGAs quite often write for more than one carrier.  When measuring the distance to coast, this can be problematic. There is no agreed upon standard as to what the coastline is.  Therefore, various carriers can interpret the distances differently, which causes confusion for the MGA.  The MGA may not know exactly how a carrier measures the distance to the coast.  For the MGA, this makes calculating the distance to coast confusing and time consuming.  Also, if the MGA is not using the carrier's custom coastline, they may actually get back different distances than the carrier!

The RiskMeter has a solution.  On a single RiskMeter account multiple coastlines can be used.  So if an MGA works with four different carriers, RiskMeter can return four separate answers.  We now have custom coastlines from several carriers.  This will enable you to get the correct answer from each carrier.  But to do this, we need the help of the MGA community.  Let us know what carriers you need coastlines for!  Also, speak with your carriers, and let them know how much this would help you.  If we can get each carrier to define their custom coastline for us, we can load them on your RiskMeter account if you write business with them.  This way, you would type in the address once, and get back the distance to coast from each carrier according to their rules.  The custom coastlines can also be used with our web services, which enables straight through processing.

For more information about this program, please contact Daniel Munson, Founder, RiskMeter Online at 617.737.4444 or Email