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RiskMeter Online Newsletter
August 2008
 
Members of TMPAA, NAPSLO, AAMGA, CIWA, FAIA
In This Issue
Test Drive RiskMeter 2.0
Batch Enhancements
Featured Batch WebEx
New Report: ATC Earthquake Zones
Sinkhole Update
Top Ten Tornado Prone Metro-Cities
Updated: KY Municipal Tax Codes
New Report: RI Windspeed
Upcoming Events
Online Training Schedule
Welcome to our Newest Customers
Request a Hardcopy
Contacts
Questions or Comments?
Please Add Us to Your Safe Sender List
Quick Links
Join Our List
Join Our Mailing List
Issue: # 8 August 2008
Test Drive the RiskMeter 2.0
The RiskMeter Online has made two significant improvements to its service and we'd love for our users to test them out!  
 
First, RiskMeter has improved the look of its street maps by adding street names and landmarks to them. This enhancement will make it easier for users to run reports on new developments, properties located in rural areas, as well as verify addresses that have poor geocoding results.

The second improvement the RiskMeter Online has made is the ability to overlay GIS maps directly on aerial images.  This revolutionary feature will be extremely helpful in analyzing risk, by enabling users to see where natural hazards fall in relation to a building. Users will no longer need to compare a GIS map to an aerial image, as these two maps have been merged.  To see sample screen shots, click here.
 
To test this service out, please contact Ryan Turgeon at 617.737.4444 or rturgeon@cdsys.com
RiskMeter Batch Enhancements
For those of you who aren't familiar with the RiskMeter Online batch service, it allows users to run multiple addresses or schedules, without the need to type in each address individually.  The batch feature enables users to upload a file and get the results Emailed back in spreadsheet form anytime, anywhere.
 
CDS has taken your feedback and is in the process of making some enhancements to the RiskMeter Online Batch Web site, including: 
  • Option to save results as an Excel spreadsheet
  • Internal RiskMeter code deleted from results
  • Current batch users can click on a link in RiskMeter and it will automatically log them into the batch site
  • Ability to add Geocoding Accuracy column
  • Option to add Latitude/Longitude column
  • Ability to click a link in the output table to open an individual record in RiskMeter

Out of all of the enhancements we have made, providing our users with the ability to pull up individual records in RiskMeter is a huge development.  This feature will allow users to dig deeper and pull up aerial photos to see if a building is in a flood zone or to see how dense brush is in a particular area.

To add the batch feature to your account or to add the geocoding accuracy & latitude/longitude columns to your output, please contact your account executive at 617.737.4444.
 
For feedback or to request additional features on the RiskMeter batch service, please contact Daniel Munson, Founder, RiskMeter Online at 617.737.4444 or dmunson@cdsys.com
Featured WebEx: Online Batch Tool 
For a while now RiskMeter has offered batch services either through its Web site (http://www.batch.riskmeter.com/) or it has processed them in house for clients.  On Thursday, September 18, 2008 at 2PM (EDT) Daniel Munson, Founder, RiskMeter Online will lead a live demonstration of the RiskMeter batch processing Web site. This is a great forum to preview the latest features, ask questions and see for yourself how this tool will streamline your underwriting operations.  We have a limited number of seats for this event.  To secure your spot, register today at cdsys.webex.com
New Report: ATC Earthquake Hazard Zones
CDS has recently added a new earthquake report to the RiskMeter Online.  The ATC (Advanced Technology Council) earthquake zones are widely used zones that rank earthquake hazards throughout the United States.  These county based scores rank locations from 1-7 (low-high).  Many brokers use these scores to identify locations at risk from earthquakes.  This report is now available on the RiskMeter Online.  Please contact your RiskMeter Online account executive at 617.737.4444 if you need more information or would like to add this to your account.
Over 300 Sinkholes Added to Sinkhole Clearinghouse
CDS is proud to announce that over 300 sinkholes have been added between our clearing house and regular sinkhole database.  In an effort to provide the most comprehensive sinkhole report for Florida, CDS is coordinating a sinkhole clearing house for carriers.  Currently, there are over 5,000 sinkholes in the clearing house.  CDS believes sharing sinkhole information will allow carriers to have the most accurate picture of sinkhole activity in FL.  Missing just one of these could lead to a very costly claim!  Get involved today!
 
How Does this Program Work?
For people who aren't familiar with this program, here's how it works.  Insurers who submit reported sinkholes will have access to an exclusive database that is comprised of our data and other carriers' data.  Taking part in this program is a win-win situation because it will give users a better picture of their sinkhole risk.  To find out more about this program, contact Jamie Munson at 860.854.6125 or jmunson@cdsys.com
Top Ten Hail Prone Metro Areas
CDS has just released its list of the top ten hail prone metro areas.  This list is based on the RiskMeter Online's Hail Model, which predicts the severity of hail for any location in the Continental United States.  According to this report, the following top ten hail prone metro areas (pop 50,000+) are as follows:
  1. Amarillo, TX
  2. Tulsa, OK 
  3. Wichita, KS
  4. Dodge City, KS 
  5. Oklahoma City, OK 
  6. Wichita Falls, TX
  7. Fort Worth, TX 
  8. Denver, CO 
  9. Kansas City, MO
  10. Colorado Springs, CO

Hail events are a constant threat to property and casualty insurers.  In 2005 alone there were over 13,000 hail storms in the United States.  In addition, according to Swiss RE, 4 out of the top 20 most costly insurance losses were hail related.

FREE Hail & Tornado Study
Based on our updated Hail & Tornado models, CDS has put together reports that include some very interesting statistics on the frequency and geography of hail and tornado events.  To receive a free copy, please contact Daniel Munson at dmunson@cdsys.com or 617.737.4444
Updated: KY Municipal Tax
CDS has recently updated its Kentucky Premium Tax report.  Under new legislation passed by the State of Kentucky, insurers must use Risk Location Technology, like the RiskMeter to calculate premium taxes.  CDS has improved its report in two ways.  First, all of the information has been updated.  Second, we have used the official boundary definitions as provided by the state.  For more information, please contact Jamie Munson at jmunson@cdsys.com or 860.854.6125
New Report: RI Windspeed
The State of Rhode Island has mandated that new wind zones be used by carriers in Rhode Island to determine coastal eligibility.  Within the highest risk zones, insurers must offer coverage as long as the insured has certain mitigation measures in place.  Carriers who write homeowners insurance in RI can use these maps in conjunction with their homeowner rating territories, to determine coastal eligibility.  For more information on this report, contact Dan Munson at dmunson@cdsys.com or 617.737.4444. 
Upcoming Events - Meet the CDS Team!
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 (dmunson@cdsys.com) or Bradley Sherwin (bsherwin@cdsys.com) at 617.737.4444
 
 
September 4-6, 2008 * Whistler, British Columbia
 
September 10-13, 2008 * San Diego, CA
 
September 28-October 1, 2007
 
October 4-8, 2008 * Las Vegas, NV
 
October 13-15, 2008 * Tempe, AZ
 
October 19-22, 2008 * Savannah, GA
 
November 9-11, 2008 * Phoenix, AZ
 
November 13-15, 2008 * Las Vegas, NV
Online Training Schedule  
In order to help you utilize the RiskMeter Online more effectively, we are now offering complimentary training to all RiskMeter Online customers.  This is a great way for your organization to have its most pressing questions answered, learn about various risk reports and discover how to utilize cutting-edge features, such as: Birdseye Geocoding, One Click Ruler and Manual Placement.  To register for an upcoming Webcast, click on one of the links below or for more information, please contact Val Feeney at 617.737.4444 or vfeeney@cdsys.com
 
Western Risks
Wednesday, August 27, 2008
2:00 PM - 3:00 PM (EDT)
 
National Risks
Wednesday, September 3, 2008
2:00 PM - 3:00 PM (EDT)
 
Western Risks
Wednesday, September 10, 2008
2:00 PM - 3:00 PM (EDT)
 
National Risks
Wednesday, September 17, 2008
2:00 PM - 3:00 PM (EDT)
 
Featured WebEx: Online Batch Processing
Thursday, September 18, 2008
2:00 PM - 3:00 PM (EDT)
 
Western Risks
Wednesday, September 24, 2008
2:00 PM - 3:00 PM (EDT)
Welcome to Our Newest Customers 
  
Carriers
  • Catlin
  • Farmers of Salem
  • G Cube Insurance Services, Inc 
 
MGAs/Wholesale Brokers
  • American Specialty Insurance & Risk Service
  • ProHost USA
     
Agents & Brokers
  • Bradshaw & Weill
  • Brownstone Insurance Agency
  • Michael Payne Insurance Services
  • R.V. Howard and Assoc.
  • William Dennett Agency, Inc 
Request a Hardcopy of the Newsletter
Having a hard time managing your inbox?  You can now receive the RiskMeter Newsletter via regular mail.  Just send an Email to Paul Ptashnick at pptashnick@cdsys.com and a hardcopy will be sent to you.
Contacts
Daniel Munson, Founder and VP of Sales & Marketing
Tel: 617.737.4444
 
Jamie Munson, Director of Consulting Services
Tel: 860.854.6125
 
Bradley Sherwin, Sales Manager
Tel: 617.737.4444
 
Val Feeney, Business Partnership Manager
Tel: 617.737.4444
 
David Poitras, Account Executive
Tel: 617.737.4444
 
Monique Audette, Account Executive
Tel: 617.737.4444
 
Wendy Corr, Account Manager
Tel: 617.737.4444
 
Ryan Turgeon, Support, Training and Customer Service
Tel: 617.737.4444
 
 
Questions or Comments?
If you would like more information on any of the topics discussed in this newsletter, please contact Daniel Munson, Founder, RiskMeter Online at 617.737.4444 or dmunson@cdsys.com 
 
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Test Drive Any Risk Report for One Month
Are you a current RiskMeter customer and you're not sure whether to add a new report to your account, or would like to test one out?  If so, please don't hesitate to ask your account executive for a complimentary, one month test drive.  For more information about this program, please call 617.737.4444
The RiskMeter Online is committed to providing our users with a competitive edge.  We hope this newsletter was informative and useful to you. Please forward this newsletter to a friend or colleague who might benefit from it.  We only ask that you send the entire newsletter. 
 
Thanks,
 

Paul Ptashnick
Director of Marketing, CDS Business Mapping
Tel: 617.737.4444
 
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