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RiskMeter Online Newsletter

June 2009
 
Members of TMPAA, NAPSLO, AAMGA, CIWA, FAIA
 AAIS - Risk Information Services Partner 
In This Issue
Featured WebEx: RiskMeter Mid-Year Report
AL Wind Pool Update
350 Sinkholes Added to Clearinghouse
NC Fire District Live. More States TBA
New Batch Tools Go Live
Texas Place Codes
KY Tax Districts Updated
Base Flood Elevation to be Added to Flood Reports
New RiskMeter Partners Page
What Reports Does the RiskMeter Online Offer?
Upcoming Events
Online Training Schedule
Welcome to our Newest Customers & Partners
Request a Hardcopy
Contacts
Questions or Comments?
Please Add Us to Your Safe Sender List
Unsubscribe
Issue: # 6
June 2009
Featured WebEx: RiskMeter Mid-Year Report
It's hard to believe but we're already at the midway point in 2009!  In the first six months of this year, RiskMeter Online has added various new reports, updates and tools. On July 8, 2009 at 2pm (EDT) Dan Munson, Founder, RiskMeter Online will cover some of these enhancements, including:
  • Distance to Work Report
  • Batch Processing Tool Updates
  • Mapping 2.0 (overlaying risk maps on aerials)
  • Sinkhole Updates
  • Foreclosure Monitoring
  • Underwriting & Agency Management Partnerships
  • Fire District Report Updates
  • Flood Updates
  • Wildfire Updates
  • IL Fire and Tax Codes
In addition, Dan will also unveil our plans for the remainder for 2009!  Some of the releases and updates we have in store for the second half of 2009 will include the following:
  • New Levee Data
  • AAL's and PML's for Underwriting
  • Additions to Responding Fire Districts
  • Updates to EQ data
  • Parcel Geocoding
  • Distance to Closest Levee
We have a limited number of seats for this WebEx.  Don't miss this chance to see what's in store for 2009, as well as ask questions and provide feedback on what you'd like to see.  To secure your spot at this event, please register here

AL Wind Pool Update
On July 1, 2009 the Alabama Insurance Underwriting Association's new rating zones will be effective.  CDS has made these changes and they will be live on RiskMeter at the end of June.  Currently, when a policy falls into a wind pool zone, it falls into one of three (Gulf Front, Coast or Beach) territories. As of July 1, 2009 the revised wind pool zones are as follows:

Zone 1 - Formerly Gulf front
Zone 2 - Formerly Beach minus City of Mobile
Zone 3 - City of Mobile
Zone 4 - Formerly Coast minus City of Mobile

For more information about these changes, please speak with your account executive at 617.737.4444
350 Sinkholes Added to Clearinghouse
CDS is proud to announce we have just added 350 sinkholes to RiskMeter's sinkhole database.  Within the last few months we have added 850 new sinkholes to this database.  In an effort to provide the most comprehensive sinkhole report for Florida, CDS is coordinating a sinkhole clearing house for carriers. By sharing sinkhole information, CDS believes this will allow carriers to have the most accurate picture of sinkhole activity in FL. CDS has added roughly 5,000 sinkholes not available from public sources to its database from carriers. Missing just one of these could lead to a very costly claim! Get involved today!

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, which 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
NC Fire District Report Live. More States TBA
The NC Fire District Report is now live on the RiskMeter Online.  CDS will soon be adding NY, GA, MA, RI, NJ, NE, WY (in order of expected completion) during the course of the summer to its Responding Fire District Report. Currently, this report provides coverage for the following states: AZ, CA, FL, HI, IL, KS, KY, LA, MS, NC, ND, OK, SC, VA.

How will this report benefit users?
In order to accurately price a policy for fire, underwriters must refer to their PPC manual to get a rating. Unfortunately, the fire district name is needed to assign a rating, which can be difficult to figure out. If underwriters don't have this information, they are forced to find a different method to determine the district. This can be a very time consuming and error prone process. That's why the RiskMeter Online developed its Responding Fire District Report. By simply typing in an address, users can get the name of the responding fire district in a matter of seconds. For more information, please contact Dan Munson at 617.737.4444 or dmunson@cdsys.com
New Batch Enhancements are Live!
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.  RiskMeter's batch feature enables users to upload a file and get the results emailed back in spreadsheet form anytime, anywhere.  Over the last few months CDS has made 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 to review the results
CDS has just added two new tools to the RiskMeter batch site.  The first feature will make it possible for users to automatically upload an Excel input file on the site.  The second enhancement is a file preview feature, which will alert users if there are any formatting problems before submission. For more information, please contact Dan Munson at 617.737.4444 or dmunson@cdsys.com
Texas Place Codes
RiskMeter is considering offering a new report for Texas Place Codes.  Place codes have to be reported to the TX DOI on a monthly basis for all property written in the State of Texas. CDS is looking for feedback from Carriers that write in the state to determine the need and feasibility of offering this report.  If you are interested in this report, please contact Jamie Munson at jmunson@cdsys.com or 860.854.6125.  Please let us know if this report would be helpful and of interest to your company.
KY Tax Districts Updated
CDS has just made an update to its KY fire tax report to ensure that it has the most up-to-date information.  In addition, CDS is working with the KY DOI to certify the RiskMeter for use in validating insurance tax information. Recently the KY DOI has made it a law that insurers must use a mapping based system to assign tax codes.  For more information, contact Dan Munson at 617.737.4444 or dmunson@cdsys.com
Base Flood Elevation to be Added to Flood Reports
When it comes to analyzing and pricing flood risk, one crucial element of the equation is knowing the Base Flood Elevation (BFE).  Whether a property falls into or out of a flood zone, the BFE can provide insurers with insight into how much damage a property may suffer from a 1% or 100 year flood.  Within the next few weeks CDS will be adding the BFE to RiskMeter's Flood reports.  These are the actual BFE's printed on the map panels.  This addition should make it easier to analyze and price flood risk.  For more information, please speak with Ryan Turgeon at 617.737.4444 or rturgeon@cdsys.com
New RiskMeter Partners Page
As all insurers know, integration projects are time consuming, expensive endeavors.  CDS is partnering with leading systems vendors to offer RiskMeter functionality through their systems off the shelf.  This way, you avoid the frustrations involved with an integration project, but you get the same benefits, more quickly and at a lower cost.

Over the last couple of months RiskMeter has formed alliances with FirstBest, AgencyPort and Virtual MGA.  In the upcoming months there will be more announcements of companies we have integrated with.  In order to help new and existing users to keep track who we've integrated with, RiskMeter has just published a partner's page.  We will update this page anytime we add a new partner or join an association.  In addition, we are always interested in integrating with in-house or 3rd party quoting and underwriting systems, so if anyone has requests, please contact Val Feeney, Business Partnership Manager at 617.737.4444 or vfeeney@cdsys.com
What Reports Does RiskMeter Online Offer? 
As you may know, the RiskMeter Online continues to add additional reports as we see a need.  We have recently added reports like storm surge, wind speed maps for additional states, online batch tool and new background images.  We also know that your needs change over time, as you add lines, enter new states or refine your underwriting guidelines. To see a complete list of reports, please view here.
 
If you need additional information or would like to test drive a report for free, please contact Ryan Turgeon at 617.737.4444 or rturgeon@cdsys.com
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
 
FAIA Annual Convention
June 18-20, 2009 * Orlando, FL

NAMIC Annual Convention
September 20-23, 2009 * Atlanta, GA

Napslo Annual Conference
October 7-10, 2009 * Orlando, FL

Target Markets Ninth Annual Summit
October 26-28, 2009 * Scottsdale, AZ

Massachusetts Association of Insurance Agents
October 29 - November 1, 2009 * Boston, MA
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 Ryan Turgeon at 617.737.4444 or rturgeon@cdsys.com
 
National Risks
Wednesday, June 24, 2009
2:00 PM - 3:00 PM (EDT)
Event Info

Western Risks
Wednesday, July 1, 2009
2:00 PM - 3:00 PM (EDT)
Event Info

National Risks
Wednesday, July 8, 2009
2:00 PM - 3:00 PM (EDT)
Event Info

Featured WebEx: RiskMeter Mid-Term Report
Wednesday, July 8, 2009
2:00 PM - 3:00 PM (EDT)
Event Info

Western Risks
Wednesday, July 15, 2009
2:00 PM - 3:00 PM (EDT)
Event Info

RiskMeter Integration
Tuesday, July 21, 2009
2:00 PM - 3:00 PM (EDT)
Event Info

National Risks
Wednesday, July 22, 2009
2:00 PM - 3:00 PM (EDT)
Event Info

Western Risks
Wednesday, July 29, 2009
2:00 PM - 3:00 PM (EDT)
Event Info
Welcome to Our Newest Customers & Partners

  
Reinsurers
  • Scor Reinsurance
Carriers
  • Colony
  • Maxum Indemnity Company
  • NBIS
  • One Beacon Government Risks
  • Safeway Insurance Company
MGA's/Wholesale Brokers
  • Burns & Wilcox (Alpharetta, GA)
  • Burns & Wilcox (Birmingham, AL)
  • Leisure/Sports Specialists, LLC
  • Risk Placement Services (Poulsbo, WA)

Agents & Brokers

  • Causeworth Insurance
  • General Agency Services
  • Seacoast Insurance
  • Wells Fargo (Atlanta, GA)
  • Wells Fargo (Bloomington, MN)
  • Wells Fargo (Bluefield, WV)
  • Wells Fargo (Charlotte, NC)
  • Wells Fargo (Cleveland, OH)
  • Wells Fargo (Coconut Grove, FL)
  • Wells Fargo (Dayton, OH)
  • Wells Fargo (Elkhart, IN)
  • Wells Fargo (Houston, TX)
  • Wells Fargo (Louisville, KY)
  • Wells Fargo (Rancho Cordova, CA)
  • Wells Fargo (Seattle, WA)
  • Wells Fargo (Sherman Oaks, CA)
  • Wells Fargo (Spokane, WA)
  • Wells Fargo (Washington, DC)
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
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
 
Val Feeney, Business Partnership Manager
Tel: 617.737.4444
Email: vfeeney@cdsys.com
 
David Poitras, Account Executive
Tel: 617.737.4444
Email: dpoitras@cdsys.com
 
Monique Audette, Account Executive
Tel: 617.737.4444
Email: maudette@cdsys.com
 
Wendy Corr, Account Manager
Tel: 617.737.4444
Email: wcorr@cdsys.com
 
Ryan Turgeon, Support, Training and Customer Service
Tel: 617.737.4444
Email: rturgeon@cdsys.com
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
Please Add Us to Your Safe Senders List 
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  • In the newsletter Email, click on the outlook actions menu (located between tools and help)
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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
Email: pptashnick@cdsys.com
 
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