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RiskMeter Online eNewsletter
Members of TMPAA, NAPSLO, AAMGA, CIWA, FAIA March 2008

In this issue

RiskMeter Integrated into Guy Carpenter's i-aXs

New Score Field Added to Storm Surge Report

Additional States Added to Section/Range/Township Search Feature

Parcel Level Geocoding for Florida is Now Available

Lower Your Reinsurance Costs in Florida

Storm Surge Coverage is Now Available for Atlantic & Gulf Coasts

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


 

  • RiskMeter Integrated into Guy Carpenter's i-aXs
  • Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist, has integrated the RiskMeter Online into its award winning i-aXs Data Management Platform. By integrating this service into i-aXs, Guy Carpenter clients with a RiskMeter account will have one-click access to their subscribed RiskMeter information for the specific location analyzed.

    "Guy Carpenter remains committed to providing its clients with greater flexibility in how they use i-aXs, by integrating it with a host of powerful complementary services," explains Ryan Ogaard, Managing Director and Global Leader of Guy Carpenter's Instrat unit. The addition of the RiskMeter Online will provide i-aXs users with the ability to view and manage their exposure information through a single, unified hub.

    To test drive this service, please contact your Guy Carpenter account executive or Dan Munson, Founder, RiskMeter Online at 617.737.4444

     
  • New Score Field Added to Storm Surge Report
  • Some users have been confused, due to our minimum hurricane category field in our storm surge report. For example, an area with a minimum hurricane category of 1 poses a greater risk than a minimum hurricane category of 5. This is because every hurricane (category 1-5) would affect an area with a minimum hurricane category of 1, while an area with a minimum hurricane value of 5, would only be affected by the strongest (cat 5 ) storms. And a 0 means no risk (not expected to be affected by storm surge).

    In order to provide our users a clearer picture in regards to their storm surge risk, we have added a new field called "Storm Surge Score". The new score field returns a simple 0-5, where 5 is the highest risk, and 0 is the lowest risk/no risk. This should be easier for underwriters to understand, as the higher the number, the higher the risk.

    • 5 - Highest Risk
    • 4 - High Risk
    • 3 - Medium Risk
    • 2 - Medium/Low Risk
    • 1 - Low Risk
    • 0 - Very Low/No Risk

    If you have any questions, please contact our Customer Support desk at 617.737.4444

     
  • Additional States Added to Section/Range/Township Search Feature
  • Within the next two weeks the RiskMeter Online will be adding the following states: IN, LA, MI, NE, NV, OH, OK, SD and UT to its Section/Range/Township (S/R/T) search feature. After that we will add AL and TX.

    If you're not familiar with S/R/T it's a system known as the Public Land Survey System (PLSS). Basically, it is a standardized grid used in western states. The section grids are rectangles approximately 1 mile across. They are used in many cases by rural insurers or when insuring agricultural/farm properties. This is the newest way to zero in on an address, and can be found as one of the tabs on the search by address page.

    Additionally, if you have a list of addresses or coordinates, we can give you the section/range/township for each. This is helpful for companies trying to aggregate to section/range/township.

    For more information, please contact customer service at 617.737.4444

     
  • Parcel Level Geocoding for Florida is Now Available
  • CDS is proud to announce it has added a Florida parcel level geocoding database to the RiskMeter Online. This database contains over of over 7 million parcels with addresses in 65 out of 67 counties, and partial coverage in the remaining two.

    One of the main benefits of this database is its increased accuracy when it comes to geocoding addresses. Although standard geocoding is accurate, parcel level geocoding takes it one step further. When an address is run through this database, it will place the address entered into the center of the parcel. This type of accuracy will be especially helpful when checking for distance to coast, flood, rating territories and windpool eligibility. To discuss adding this to your account, please contact your account executive.

    For more information, please contact Daniel Munson at 617.737.4444 or dmunson@cdsys.com

     
  • Lower Your Reinsurance Costs in Florida
  • As most insurance people know, building details, such as the number of stories, year built, roof shape, etc., can greatly affect how a building withstands a hurricane. And as a result, these details dramatically affect the cost of reinsurance. This is especially true in catastrophe prone areas. If you don't have this information, you will pay a penalty for not knowing; it's known as uncertainty risk. By collecting the information on each policy, you can reduce your reinsurance costs significantly.

    As you may know, we've been offering national building characteristics info for some time now through the RiskMeter Online. However, because the data is not available everywhere (it can be very difficult to obtain for a variety of reasons), many times match rates were disappointing. We're trying to do something about it.

    We've been working with a partner to collect ALL of the available building characteristics in FL. We believe that we have the information for every area in Florida where it is available. We could take all of your Florida policies and code them with year built, number of stories, and more. We can do this for the rest of the country, too, but the match rates won't be as good. This can potentially save you millions in reinsurance premiums.

    For more information about this service, please contact Daniel Munson at 617.737.4444 or dmunson@cdsys.com

     
  • Storm Surge Coverage is Now Available for Atlantic & Gulf Coasts
  • CDS has just added Hawaii, Maryland, Virginia and Puerto Rico to its RiskMeter Online Storm Surge report. With the additions of Maryland and Virginia, we now provide complete coverage for the entire Atlantic and Gulf coasts!

    For those of you who aren't familiar with this report, RiskMeter's Storm Surge report identifies areas that are likely to be flooded during hurricanes. Our storm surge maps are based upon the well known as respected SLOSH (Sea, Lake, and Overland Surges from Hurricanes) storm surge model. This report will let you know if a property falls within an area likely to flood from a hurricane of a specific strength (category 1-5), as well as the estimated storm surge height for each category of storm.

    For more information on this report or to get a complimentary trial account, please contact Daniel Munson at 617.737.4444 or dmunson@cdsys.com

     
  • 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)

    IMUA Annual Conference
    April 5 - 9, 2008 *Dallas, TX

    Target Markets Mid Year Meeting
    April 7 - 9, 2008 *Atlanta, GA

    AAIS Main Event
    April 20 - 22, 2008 *Ponte Vedra Beach, FL

    Wholesale Insurance Leadership Forum
    May 4 - 7, 2008 *Hot Springs, VA

    AAMGA Annual Meeting
    May 17 - 21, 2008 *Scottsdale, AZ

    FAIA Annual Convention
    June 12 - 14, 2008 *Orlando, 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 Wendy Corr at 617.737.4444 or wcorr@cdsys.com

    National Risks
    Wednesday, April 2, 2008
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    Western Risks
    Wednesday, April 9, 2008
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    National Risks
    Wednesday, April 16, 2008
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    Western Risks
    Wednesday, April 23, 2008
    2:00 pm- 3:00 pm (EDT)
    https://cdsys.webex.com

    National Risks
    Wednesday, April 30, 2008
    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

    • Bankers Insurance
    MGAs
    • Burns & Wilcox (Farmington Hills, MI)
    • Ron Rothert Insurane Services
    Agents & Brokers
    • Absolute Insurance
    • Allstate (Steven Shervey)
    • Bassin Insurance Agency, Inc.
    • B.D. Corwin Agency, Inc.
    • Bessemer Trust
    • Bill Terry Insurance Agency
    • Bob Daily State Farm
    • Boyles Moak Insurance Services
    • Bridges Insurance, Inc.
    • Community Insurance
    • DMI Insurance Services
    • Double Honor Insurance Services
    • Frank Bradford Agency
    • H. Fidanian Insurance Agency
    • John Abrams & Assoc Insurance Agency, Inc.
    • McClain Insurance Services
    • McGriff, Seibels & Williams
    • Peter Mednick Agency, Inc.
    • Sharp Insurance
    • Sullivan Curtis Monroe
    • Ted Oldemans
    • Tim Gaspar Insurance Services
    • TrueNorth Companies
    • UsAsia Insurance Services
    • Vieira Insurance Agency, Inc.
     

     
  • 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
  • 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, Support, Training and Customer Service
    Tel: 617.737.4444
    Email: vfeeney@cdsys.com

    Dave 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

     
  • 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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