| In This Issue
|
| Featured WebEx: Storm Surge
|
| AgencyPort Partners with RiskMeter
|
| Distance to Work Announcement
|
| SC Wind Pool Update
|
| New Panning Feature on Aerial
Overlays |
| Newsletter Format Update
|
| 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 |
| |
Featured WebEx: Hurricane
Storm Surge
|
|
According to the Insurance
Information Institute (III), insurance losses from
2008's Hurricane Ike totaled over $10 billion in
losses and it was the 3rd most costly hurricane
(in original values) after Katrina (2005) and
Andrew (1992).
Coastal flooding as a result
of hurricane storm surge is a significant
catastrophe exposure for insurers. In 2008
alone,
there were billions of dollars in storm
surge related losses. Recent studies have
indicated that millions of properties fall into
areas susceptible to storm surge that are not in
FEMA flood areas! Checking a policy's
proximity to a flood zone is not an adequate
risk mitigation strategy.
With the start of
the 2009 hurricane season rapidly approaching, now
is the time to start thinking about your storm
surge exposure. On Thursday, April 23,
2009 (2pm EDT) Dan Munson, Founder, VP of
Sales & Marketing will lead a live, online
demonstration of our storm surge
report.
RiskMeter's storm surge report is
based on the well known and respected SLOSH (Sea,
Lake
and Overland
Surges
from Hurricanes)
storm surge model. By simply typing in an
address, you will be able to get storm surge
results for
every category of hurricane, as well as
identify locations susceptible to storm
surge.
Event
Information
This WebEx Online seminar
will cover in great detail the methodology behind
our storm surge report and risk mitigation
strategies. Since we have a limited number
of seats for this WebEx event, it will only be
open to current RiskMeter Online customers.
To secure your spot for Thursday, April 23,
2009 (2pm EDT), please register here. |
AgencyPort Insurance
Services, Inc. Partners with RiskMeter
Online
|
|
AgencyPort Insurance
Services, Inc., a leading provider of web-based
solutions and services designed specifically for
property & casualty insurers, has formed a
partnership with the RiskMeter Online. This
partnership will enable insurers
to streamline
the underwriting process by eliminating duplicate
data entry, as well as reduce the communication
needed between an underwriter or agent to quote
and bind new and existing business.
"In
order to provide straight-thru-processing and make
it very easy for agents to do business, it's
crucial for insurers
to integrate with third
party data providers in an effort to automate the
underwriting process at the point of sale,"
explains Steven Hauck, Co-Founder &
President, AgencyPort. "Our partnership with
RiskMeter essentially lowers the cost
and risk
associated with the combination of two software
providers within a total solution. For multiple
customers,
AgencyPort has developed a
re-usable connector to over 30 of RiskMeter's
real-time, natural hazard risk reports," says
Hauck.
"Submitting new or existing
business to a carrier can be error prone and time
consuming," explains Daniel Munson, Founder,
RiskMeter Online. "In order to quote or bind
a piece of business, it requires underwriters and
agents to gather information from different
systems, maintain multiple files and answer
questions from various parties. AgencyPort's
partnership with RiskMeter lowers the cost
associated with bringing this information into one
application framework, providing insurers with a
quick return on investment (ROI), by allowing
their underwriters to focus on writing business
and their agents to concentrate on selling," says
Munson.
For more information, please
contact Val Feeney, Business Partnership Manager
at 617.737.4444
or
vfeeney@cdsys.com
|
| Distance to Work Report
Announcement |
|
We've finally completed beta
testing our Distance to Work Report. Within
the next week or two this report will be available
on the RiskMeter Online. If you're not
familiar with this report, it enables users to
type in a home address and other additional
addresses to calculate the distance and drive time
from home to work. While we hoped everyone
would know the address of a spouse, child, etc.,
that may get dropped off during the course of a
commute, there are many instances where the
insured does not. Since this is often the
case, we have added an additional Google powered
search feature, which allows users to type in a
business name(s) or landmark(s) and get a
corresponding address to calculate the estimated
distance and drive time to work.
More and
more carriers are looking at a Pay As You Drive
system to determine pricing, coverage, etc.
There has been a great deal of resistance related
to installing a "black box" in customers' vehicles
with concerns to privacies and freedoms looming
overhead. This alleviates this
entirely. While it may not be a substitute
for an odometer reading, this will bring great
strides in determining a realistic estimate of
mileage driven annually.
For more
information, please contact Jamie Munson at 860.854.6125 or
jmunson@cdsys.com
|
| South
Carolina Beach & Coastal Wind Pool
Update |
|
We've just confirmed the
South Carolina Beach & Coastal wind pool areas
have been extended for two years and will expire
on March 29, 2011
(view here). We will continue to
monitor this situation and pass along any new
developments in upcoming newsletters. For
more information, please contact Jamie Munson at
860.854.6125 or
jmunson@cdsys.com
|
| New Panning Feature on
Aerial Overlay Maps |
|
In order to make our aerial
overlay maps even more user friendly, we've made
it possible to scroll around diagonally on our
maps. All users need to do is click on the
arrow in the corner of the hazard map/aerial
photo.
For users who aren't familiar with our aerial
overlay maps, a couple of months ago the RiskMeter
Online made two significant improvements to its
service.
First, we overlaid our risk maps directly
onto aerial images. This revolutionary
feature was added to help users in analyzing risk,
by enabling them to see where natural hazards
(flood zones, brush, storm surge, etc) fall in
relation to a building. Users will no longer need
to compare a natural hazard map to an aerial
image, as these two maps have been merged.
To see sample screen shots, view here.
Second, 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.
For more information, please speak with an
account executive at
617.737.4444 |
| Newsletter Format
Update |
|
To ensure that the RiskMeter
newsletter lands in your inbox, we've removed
Email and URL links from our newsletter. If
you wish to view a web page or Email someone,
please copy and paste the Email or URL from
the newsletter. However, there are some
hyperlinks in this newsletter (ex. training) that
will direct you to a web page. We
apologize for any inconvenience this may
cause.
|
| 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
AAMGA UFO International Summit
March 30 - April 1, 2009 * Munich,
Germany
PCIAA
Joint Marketing & Underwriting
Seminar
April 5-7, 2009 * Austin, TX
NAMIC Personal Lines Underwriting
Seminar
April 22-24, 2009 * San Antonio,
TX
Target Markets Mid-Year
Meeting
April 27-29, 2009 * Baltimore, MD
AAMGA
Annual Meeting
May 16-20, 2009 * Boca
Raton, FL
Accord LOMA Insurance
Systems Forum
May 17-19, 2009 * Lake
Buena Vista, FL
IASA Annual
Conference
June 7-10, 2009 * Orlando,
FL
FAIA
Annual Convention
June 18-20, 2009 *
Orlando,
FL
|
| 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
Western Risks
Wednesday,
March 25, 2009
2:00 PM - 3:00 PM (EDT)
National Risks
Wednesday, April 1, 2009
2:00 PM - 3:00 PM (EDT)
Western Risks
Wednesday, April 8, 2009
2:00 PM - 3:00 PM (EDT)
National Risks
Wednesday, April 15, 2009
2:00 PM - 3:00 PM (EDT)
Western Risks
Wednesday, April 22, 2009
2:00 PM - 3:00 PM (EDT)
View
EventFeatured
WebEx: Hurricane Storm SurgeThursday,
April 23, 2009 2:00 PM - 3:00 PM (EDT) View
EventNational
RisksWednesday, April 29, 2009 2:00
PM - 3:00 PM (EDT) View
Event |
Welcome to Our Newest
Customers &
Partners
|
|
Carriers
- US Specialty Insurance Company
Agents & Brokers
Partner
- AgencyPort Insurance Services,
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
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 order to ensure you receive the RiskMeter
newsletter in your inbox, please make sure to add
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Safe Recipients list. If you're not sure how
to do this, please follow the steps below.
- In the newsletter Email, click on the
outlook actions menu (located between tools and
help)
- Select Junk Email
- Scroll down to "Add Sender to Safe Senders
List" and click on it
- Click "Ok"
button
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mailing list, please
Email pptashnick@cdsys.com and
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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
| | |
