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In This Issue
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Featured
WebEx: Leveraging Building Characteristics for a Competitive
Advantage
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The
Importance of Building Characteristics
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Top
Ten Sinkhole Counties
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RiskMeter's
Cat Modeling Products Offer 2nd Opinion
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Tsunami
Exposure Reports
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CDS
Wildfire Model Update
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Featured
WebEx: Recordings
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EQECAT
US Earthquake Fact Sheet
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Tech
Tip: Manual Placement
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Upcoming
Events
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Online
Training Schedule
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Unsubscribe
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Featured WebEx: Leveraging
Building Characteristics for a Competitive Advantage
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On Tuesday,
May 17th at 2pm (EDT) Daniel Munson, Founder,
RiskMeter Online will demonstrate RiskMeter's Building Characteristic
report via WebEx. Whether you work for a Reinsurer, Carrier
or Broker by attending this Webinar, you'll see for yourself
how you can gain a competitive edge by:
- Increasing
New Business & Renewals
- Improving
Ease of Doing Business for Agents
- Saving
Money on Adjusted Premiums
- Improving
Catastrophe Modeling Results
- Lowering
Reinsurance Costs
- Boosting
Underwriting Results
This WebEx will be open to all prospects and
customers. We have a limited number of seats for this event. To
secure your spot, please go here or contact Ryan Turgeon at 617.737.4444
or Email
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The Importance of Building
Characteristics
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The importance of building characteristics can be felt
throughout the insurance industry from Reinsurers all the way down to
Brokers. When building characteristic information isn't
provided, it's common for year built, number of
stories, roof shape, etc., fields to be labeled
as "unknown" during the modeling process.
Click here to see
how this incomplete building characteristic information directly
affects Reinsurers, Carriers and Brokers.
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RiskMeter Announces its
Top Ten List of Sinkhole Prone Counties in Florida
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CDS Business
Mapping, LLC., a leader in online hazard mapping, today announced its
list of the top ten sinkhole prone counties in Florida. This
list is based on information from RiskMeter's sinkhole database and
it's Sinkhole Clearinghouse, which contains over 12,000 sinkholes
not available from public sources. Article
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RiskMeter's Cat Modeling
Products Offer 2nd Opinion
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Many of our customers have commented that
occasionally, the results from their cat models seem off on
individual risks. There may be some peculiarity about the risk
the model has a problem with. Since many companies only use one
model, they really have no way to verify results to make sure they
seem reasonable. The RiskMeter Online now makes this
possible!
The RiskMeter now offers Average Annual Loss (AAL) and
Probable Maximum Loss (PML) on a per click basis. We offer them
from two of the leading cat modeling firms - RMS and EQECAT. So
if you want to use one of these models to compare the results of your
in-house model(s), now you can! We make this affordable,
because there is no upfront license fee! To learn more, or
to try it free, contact us an account executive at 617.737.4444
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Tsunami Exposure Reports
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After the recent events in Japan some insurers
suffered losses along the coasts in California, Hawaii, Oregon and
Washington. This event made insurers wonder what would happen
if a closer or larger tsunami struck Hawaii or the West Coast.
In order to gain more insight into their Tsunami Exposure, some of
our customers who write business in these states, have been leveraging
our Tsunami, Distance to Coast and Elevation reports. By
running all three reports at once, underwriters and agents are now
able to gain more insight into their Tsunami exposure, uncover niche
markets and accurately price risk. For more information about
pricing or running your book of business, please speak to Amanda Brax
at 617.737.4444
or Email
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CDS Wildfire Model Update
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RiskMeter is currently updating the CDS Wildfire model
in all of the western states it covers. These updates should be
live starting in about a month. The main difference is we'll be
using consistent, newer higher resolution data for all states.
This will lead to more accurate and timely decisions. If there
are states that are a particular concern to you, let us know, and
we'll work on these first. In addition, look for other exciting
announcements on wildfire modeling from CDS soon!
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Featured WebEx Recordings
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Over the last few months we've recorded Webinars on
various subjects. If you were too busy to attend any of these
information packed sessions you're in luck!
Last week RiskMeter broadcasted two featured WebEx
events, which we recorded. The first was on our Sinkhole Report,
which covered risk mitigation strategies, top sinkhole prone areas,
sinkhole statistics and our clearinghouse database. The second
featured WebEx event was on Catastrophe
Modeling for Brokers. This Webinar covered
using EQECAT Modeling to provide more compelling content for client
proposals, negotiating better prices from carriers and advising how
much insurance to purchase.
We have also recorded some other notable events,
including: Parcel Level Geocoding, RMS Data & Analytics, Advanced
Flood, Flood Elevation & Storm Surge, EQECAT US Wind AAL &
PML and Virtual MGA Integration of RiskMeter Online.
To request a recording link or PowerPoint
presentations, please contact Ryan Turgeon at 617.737.4444 or Email
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EQECAT US Earthquake Fact
Sheet
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We've just added a
fact sheet for EQECAT's US Earthquake Model into our resources
section. This fact sheet contains information on the sources
and methodology behind the model. Within the next few weeks we
will be adding one on EQECAT's US Wind Model as well.
To view this fact sheet you will need to log into your
account. Once you've logged in, you'll notice several hyperlinks
(view address, new account, etc) on the bottom of the page. All
you need to do is click on the glossary/resources link, and you'll
be taken to a landing page, which contains the resources link.
For more information, please contact Ryan Turgeon,
Customer Support & Training at 617.737.4444 or Email
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Tech Tip: One Click Ruler
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Are there times
when you need an exact distance for a brush, FEMA flood zone or
distance to shore determination? You can get an exact distance by
utilizing our One Click Ruler. You'll notice on your output page
above the map there are buttons, which say: "Zoom in, Zoom Out,
Manual Placement and Distance." Here's what you have to do to
get the exact distance: Click on the distance button above your map
on the output page. Once you've done this, your subject
will act as an anchor! Next, pick the spot on the map that you
need to check the distance to. After you've clicked on that spot,
your output page will refresh, and you'll notice a line (with
distance) going from the subject house to the spot you clicked on the
map! If you have a question about this tip, please contact Ryan
Turgeon, Customer Support & Training at 617.737.4444
or Email
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Upcoming Events - Meet the
CDS Team!
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RiskMeter Online
will be attending or exhibiting at the following upcoming
conferences. Whether you're a customer or prospect, we'd love to
meet with you onsite at these exceptional events! Don't
hesitate to stop by our booth or if you wish to schedule an
appointment, please contact Daniel Munson (Email) or Bradley Sherwin (Email)
at 617.737.4444
Target
Markets Mid-Year Meeting
May 9-11, 2011 * Boston, MA
AAMGA Annual
Meeting
May 22-25, 2011 * Orlando, FL
FAIA Annual
Conference
June 9-11, 2011 * Orlando, FL
NAPSLO
Annual Convention
October 10-13, 2011 * San Diego, CA
Target
Markets 11th Annual Summit
October 24-26, 2011 * Scottsdale, AZ
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Online Training
Schedule
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In order to help
you utilize the RiskMeter Online more effectively, we are now
offering complimentary training to all of our customers. This
is a great way for your organization to have its most pressing
questions answered, learn about the latest risk reports and discover
how to utilize cutting-edge features, such as: Birdseye Geocoding,
One Click
Ruler and Manual
Placement.
To attend any of
the complimentary training sessions, please register here
National Risks
Wednesday, April 27, 2011
2PM - 3PM (EDT)
Western
Risks
Wednesday, May 4, 2011
2PM - 3PM (EDT)
National
Risks
Wednesday, May 11, 2011
2PM - 3PM (EDT)
Western
Risks
Wednesday, May 18, 2011
2PM - 3PM (EDT)
National
Risks
Wednesday, May 25, 2011
2PM - 3PM (EDT)
Featured
WebEx Event: The Importance of Building
Characteristics in Modeling
Date & Time: Tuesday, May 17th at 2pm (EDT)
Open to:
Customers & Prospects
Presenter:
Dan Munson, Founder, RiskMeter Online
Duration:
45 Minutes with 15-20 Minutes Q&A
Registration:
here
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