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RiskMeter Online eNewsletter
Members of TMPAA, NAPSLO, AAMGA, CIWA, FAIA July 2007

In this issue

Important Information about the New Connecticut Coastline

Angora, CA Wildfire Recap, Wildfire Resources and Training

Upcoming Featured WebEx Presentations

Parcel Lookup Feature

New Jersey and Delaware Storm Surge Now Available

Update: South Carolina Windpool Areas

Reactions 2007 Awards

New RiskMeter email eReport

Upcoming Events - Meet the CDS Team!

Online Training Schedule!

Test Drive ANY Risk Report for One Month Free!

Welcome to Our Newest Customers!

Request a Hardcopy of the Newsletter

Contacts

Questions or Comments?

Help a Friend or Colleague

Unsubscribe


 

  • Important Information about the New Connecticut Coastline
  • CDS recently spoke to the Connecticut Department of Insurance about its new coastline requirements and would like to pass along some important information regarding the RiskMeter approved CT coastline.

    It has been brought to our attention that all carriers who write residential business in Connecticut should be using either RiskMeter's CT coastline report or another CT DOI approved vendor report. Carriers should not be using pre-existing coastal products that do not comply with what the department has agreed to. There may be no deviations or variations made and companies will be subject to market conduct reviews to ensure that they are in compliance.

    Currently, it's not required to write commercial policies using the new CT DOI coastline, but it is encouraged. Also, we are not sure if this applies to non-admitted carriers. It has been confirmed though if any carrier has not been using the approved CT Department of insurance coastline report on residential properties, they will be considered out of compliance with the department's guidelines. In addition, the CT DOI coastline still needs to be used even if a carrier does not require storm shutters as part of their coastal guidelines.

    If anyone has questions or concerns, please contact Jamie Munson at 860.854.6125 or jmunson@cdsys.com

     
  • Angora, CA Wildfire Recap, Wildfire Resources and Training
  • According to the California Department of Forestry and Fire Protection, the Angora, California wildfire near Lake Tahoe in late June destroyed 242 residences and 67 commercial structures and damaged an additional 35 residences.

    Overall, the outlook for the 2007 wildfire season doesn't look good. The U.S. Drought Monitor has reported that half of the U.S. is either abnormally dry or has drought conditions. For people who write brush policies in AZ, CA, CO, ID, MT, NM, NV, OR, SD, UT, WA and WY now is the time to review your brush exposure, in order to ensure proper pricing of policies and to limit your wildfire risk.

    New Wildfire Resource Area
    CDS has compiled many different maps and information over the years. We're now trying to make more of this information available to our users through new resource pages. Our idea is to have a page on each report, as well as other topics like geocoding and batch processing. We have started with resource pages for Wildfire and Storm Surge. On the wildfire page, you will find a map showing the Angora fire overlaid on the CDS wildfire model, which shows how well we predicted the fire. In addition, there are additional maps showing our performance in some of the largest fires in the past few years. To access this page and the burn maps: http://www.riskmeter.com/riskmeter/wildfire_download s.htm

    Wildfire WebEx Training
    Twice a month CDS offers complimentary Online training on how to use and interpret our Wildfire Model. For those of you who are interested, the CDS Wildfire Model is covered in our Western Risks WebEx presentations. To view our upcoming WebEx schedule, please go to: https://cdsys.webex.com

     
  • Upcoming Featured WebEx Presentations
  • Coastal Reports - Thursday, August 16th
    The RiskMeter Online has several reports available for insurers who write coastal properties. On Thursday, August 16th at 2pm (EDT) Daniel Munson, Founder of the RiskMeter Online, will show you how to profitably write this market when he performs a live demonstration of the following coastal reports:

    • Distance to Coast
    • Storm Surge
    • Flood Zone Determinations
    • Flood Elevation
    • Distance to Intracoastal
    • State Windpool Eligibility
    • FL Wind Mitigation Credit Maps
    • Building Characteristics (Year built, square footage, number of stories, etc)

    To see for yourself how the RiskMeter can help you to tap into this market, register today at: https://cdsys.webex.com

    Policy Exposure Module - Thursday, August 23rd
    In today's competitive insurance market, it's imperative that you have the ability to evaluate risk, review concentrations and set exposure limits. With the RiskMeter Online's Policy Exposure Module, this can now be done quickly and easily.

    On Thursday, August 23rd at 2pm (EDT), Daniel Munson, Founder of the RiskMeter Online will do a live, online demonstration of RiskMeter's Policy Exposure Module and will answer any questions. To secure a spot at this event, please go to: https://cdsys.webex.com

    Integration - Thursday, September 13th
    If you are searching for ways to immediately maximize your agents and underwriters productivity and efficiency, you'll want to attend our upcoming integration WebEx. Learn how the RiskMeter Online can allow you to perform straight through processing. On Thursday, September 13th at 2pm (EDT) Daniel Munson, Founder of the RiskMeter Online will demonstrate our various integration options and also share his experiences with integrating insurers. To register, please go to: https://cdsys.webex.com

     
  • Parcel Lookup Feature
  • CDS has just added a new search feature to the RiskMeter Online, which will enhance its report accuracy. It's now possible to look up policies in California and Florida by their parcel ids. This search feature is much more accurate than looking up properties by interpolated street addresses.

    Currently, we are testing this feature out, but we've made it live to get your input. If anyone is interested in testing this feature out, just click on the parcels tab, on the right hand side of the search by address screen. Once you've done that, fill in the policy id number, state and then county. Unfortunately, parcel data isn't available for a couple of counties.

    If you have any feedback (good or bad), please contact Dan Munson at 617.737.4444 or dmunson@cdsys.com

     
  • New Jersey and Delaware Storm Surge Now Available
  • CDS has added New Jersey and Delaware to its growing list of areas where the RiskMeter Storm Surge report is now available. This report identifies areas susceptible to coastal flooding from hurricanes. The next state that will be added is MD, followed by VA. Then we will have the entire Gulf and Atlantic Coasts complete. Stay tuned! If you have any questions or are interested in a free trial, please contact Daniel Munson at 617.737.4444 or dmunson@cdsys.com

    Storm Surge Resources
    Did you know that over 2 million people in Long Island live in a storm surge area that's not recognized as a 100 year flood zone? Are you interested in learning more useful facts like that? Check out RiskMeter's new storm surge resources where you'll find detailed storm surge maps and an informative Power Point presentation. Check it out at: http://www.riskmeter.com/riskmeter/stormsurge_down loads.htm

     
  • Update: South Carolina Windpool Areas
  • On March 30, 2007 South Carolina Beach and Coastal windpool areas were changed and approximately 166 square miles were added to zones 1 and 2.

    The state of South Carolina has once again made changes to these zones (effective June 1st) and approximately 330 square miles have been added. We have updated these maps on the RiskMeter Online, and we will continue to monitor this situation if anymore changes need to be made.

    If you have any questions or you would like more information about running your book of business through in batch, please contact Jamie Munson at 860.854.6125 or jmunson@cdsys.com

     
  • Reactions 2007 Awards
  • Polling for Reactions Magazine's 2007 awards is now underway. They are looking to salute the most successful insurance and reinsurance industry players of the past year--as voted by their peers.

    CDS needs your help! We would appreciate it if you would take the time to fill out this ten question survey (respondents will remain anonymous), and nominate the RiskMeter Online for the modelling firm of the year. To take the survey, please go to: http://www.zoomerang.com/survey.zgi? p=WEB226K3SNAXZU

     
  • New RiskMeter email eReport
  • Due to popular demand, the RiskMeter Online has just added a new feature which makes it possible to email a pdf of a report. In the past this could be done, but the user needed to save a copy of the PDF to their computer, and then attach it to an email. Now it can be done by simply entering an email address. This will be especially useful for people who want to save a copy of the report to their imaging system.

    Users can utilize this feature by clicking on the "Email eReport" icon. Once this icon is clicked on, users just need to submit an email address and the RiskMeter Online will send a pdf of the report to the email entered. For people who are interested in adding this feature to their account, please contact an account executive at 617.737.4444

     
  • Upcoming Events - Meet the CDS Team!
  • CDS 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! Feel free to stop by our booth or if you wish to schedule an appointment, please contact Dan Munson at 617.737.4444 (dmunson@cdsys.com) or Bradley Sherwin at 617.737.4444 (bsherwin@cdsys.com)

    2007 eInsurance Symposium
    September 17-19, 2007 *Dallas, TX

    Agents Alliance Conference & Exposition
    September 26-30, 2007 *Indian Wells, CA

    2007 Napslo Annual Convention
    October 3-6, 2007 *New Orleans, LA

    Insurance Leadership Forum
    October 6 - 10, 2007 *White Sulphur Springs, WV

    Target Markets Seventh Annual Summit
    October 15 - 17, 2007 *Tempe, AZ

    PCI Annual Meeting Meeting
    October 28 - 31, 2007 *Boston, MA

    Property Insurance National Conference
    November 10 - 13, 2007 *Dana Point, CA

    AAMGA Mid-Year Meeting
    November 14 - 18, 2007 *Naples, FL

     
  • Online Training Schedule!
  • In order to help you utilize the RiskMeter Online more effectively, we are now offering FREE Online training. This is a great way for your organization to have its most pressing questions answered, learn about reading 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, contact Angela Sciola at 617.737.4444 or asciola@cdsys.com

    National Risks
    Thursday, July 26, 2007
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    Western Risks
    Wednesday, August 1, 2007
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    National Risks
    Wednesday, August 8, 2007
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    Western Risks
    Tuesday, August 14, 2007
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    Featured WebEx: Coastal Reports
    Thursday, August 16, 2007
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    National Risks
    Tuesday, August 21, 2007
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    Featured WebEx: Policy Exposure Module
    Thursday, August 23, 2007
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    Western Risks
    Wednesday, August 29, 2007
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    Featured WebEx: Integration
    Thursday, September 13, 2007
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

     
  • Test Drive ANY Risk Report for One Month Free!
  • Would you like the opportunity to evaluate any one of our risk reports without obligation? Now you can! For a limited time you will be able to test-drive any RiskMeter Online report for FREE! Take advantage of this exceptional opportunity to see how a particular risk report can benefit your organization. To add a FREE, one-month risk report to your account, please call 617.737.4444.

     
  • Welcome to Our Newest Customers!
  • Carriers

    • Arch RE Facultative Underwriters
    • Central Insurance Companies
    • Great American (Human Services Division)
    • Republic Underwriters Insurance Company
    MGAs/Wholesale Brokers
    • Bancorp South
    • Burns & Wilcox (Arlington, TX)
    • DJ Colby Company, Inc.
    • Kevin Davis Insurance Services
    • Onpoint Underwriting
    Agents & Brokers
    • Friedman Ins Agency
    • Rick G. Adams Agency
    • United Insurance Partners
    Other
    • American Claims Integrity Service  

     
  • Request a Hardcopy of the Newsletter
  • Having a hard time managing your inbox? You can now receive the RiskMeter eNewsletter via regular mail. To get the latest issue of the RiskMeter newsletter delivered to your office (when it becomes available), please email Paul Ptashnick at: pptashnick@cdsys.com

     
  • Contacts
  • Angela Sciola, Support, Training and Customer Service
    Tel: 617.737.4444
    Email: asciola@cdsys.com

    Daniel Munson, Founder and VP of Sales & Marketing
    Tel: 617.737.4444
    Email: dmunson@cdsys.com

    Jamie Munson, Director of Consulting Services
    Tel: 860.854.6125
    Email: jmunson@cdsys.com

    Bradley Sherwin, Sales Manager
    Tel: 617.737.4444
    Email: bsherwin@cdsys.com

    Dave Poitras, Account Executive
    Tel: 617.737.4444
    Email: dpoitras@cdsys.com

     
  • Questions or Comments?
  • If you would like more information on any of the topics discussed in this newsletter, please contact Dan Munson, VP of Marketing & Sales at: 617.737.4444 or dmunson@cdsys.com

     
  • Help a Friend or Colleague
  • Please forward this free newsletter to a friend or colleague who might benefit from it. We only ask that you send the entire newsletter. Thanks!

     
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