Going into hurricane Katrina, many insurers thought they had a pretty good idea of what their flood and hurricane losses might be. Unfortunately, the risk models they used provided loss estimates that were way off. This left insurers scrambling to pay claims on policies, many of which they wouldn’t have accepted in the first place.

In order to help insurers to better manage their exposure, CDS will soon be adding a revolutionary aggregate model to the RiskMeter Online. Some of the features on this model include:

Aggregate Around a Point: Enter an address and this model will return how many policies have been written in an area, tiv and other vital statistics.

Display Aggregates for Custom Pre-Defined Regions: For companies who want to keep track of what’s been written in special areas of concern (coastline, flood hazard, etc.), the CDS aggregate model will display the policies written and if the policy in question falls into an area of concern.

Display Limits for Custom Pre-Defined Regions: Insurers looking to maintain exposure limits for pre- defined areas (coastline, flood hazard, etc.) can get a snap shot of what’s been written and the limits. This will tell users if they can or cannot write a new piece of business.

Review Policy Data: Policies may be reviewed for any that fall into a pre-defined region or pre-defined radius. In addition, individual policy data can be viewed, by clicking on the policy in question.

Natural Hazard Reports: RiskMeter’s natural hazard risk reports can be run in conjunction with the aggregate model as well. This will allow users to look at a new piece of business, review what’s been written in an area, and gain a better understanding of the risk profile of this new piece of business. These are two key factors which will help users determine if they want to bind a risk.

For more information on the aggregate model, please contact Dan Munson at 617.737.4444 or dmunson@cdsys.com

Important Announcement! We've just added a few extra seats to our upcoming aggregate model WebEx. For more information, please read below.

We have decided to add a few more seats to our upcoming aggregate model WebEx. This 1 hour WebEx will be taking place Thursday, June 8th from 2-3pm. Don't miss this opportunity to see how this model works, ask questions and learn how it will provide you with a competitive edge. To reserve your spot, register at https://cdsys.webex.com

CDS is proud to announce that 900 new sinkholes have been added to the RiskMeter Online’s 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 4,100 sinkholes in the clearing house. CDS believes sharing sinkhole information will allow carriers to have the most accurate picture of sinkhole activity in FL. CDS has added roughly 2,000 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!

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

CDS has just added to Alaska, Iowa, Kansas, Nebraska and Wyoming to the RiskMeter Online's Distance to Fire Station report. This brings the total number of states to 46! Within the next few weeks Hawaii, Idaho, Montana, North Dakota and South Dakota will be added as well.

The distance between a property and the primary fire station directly affects your loss ratio. Regardless of the training, personnel or equipment at a station, if an insured location is greater than 5 miles from a station the chance of a large loss is inevitable. By simply typing in an address, you will get: driving distance to local responding fire stations, names of the stations and staffing (career or volunteer).

We will continue to add more states until we meet our goal of providing nationwide coverage. For more information, please contact Jamie Munson at 860.854.6125 or jmunson@cdsys.com. In addition, we also have responding fire district boundaries for the following states: CA, FL, HI, IL, KS, MS, ND and VA.

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)

Insurance Day Summit
May 31 - June 1, 2006 *London, England

IASA Annual Conference and Business Show
June 4 - 7, 2006 *Boston, MA

PIA NY/NJ
June 11-13, 2006 *Atlantic City, NJ

TX Independent Insurance Agents
June 15-16, 2006 *Houston, TX

FAIA Convention & Expo
June 15 - 17, 2006 *Orlando, FL

AAMGA UFO Annual Conference
Sept 6-9, 2006 *Lake Tahoe, NV

NAPSLO Annual Meeting
Sept 13-16, 2006 *Chicago, IL

American Agents Alliance Conference
Sept 28 - Oct 2, 2006 *Indian Wells, CA

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 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 Charles Kane at 617.737.4444 or ckane@cdsys.com

Western States
Wednesday, May 31st
2:00 pm- 3:00 pm (EDT)
https://cdsys.webex.com

Exclusive Aggregate Model Demo
Limited Seats Available
Thursday, June 8th
2:00 pm- 3:00 pm (EDT)
https://cdsys.webex.com

National
Wednesday, June 14th
2:00 pm- 3:00 pm (EDT)
https://cdsys.webex.com

Western States
Wednesday, June 21st
2:00 pm- 3:00 pm (EDT)
https://cdsys.webex.com

National
Wednesday, June 28th
2:00 pm- 3:00 pm (EDT)
https://cdsys.webex.com

Would you like the opportunity to evaluate any one of our risk reports without obligation? You can now! 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.

Carriers

• James River
• Sentry Ins. Commercial Lines

• General Assurance
• Multi State Insurance Services

• Arthur J Gallagher (Orlando)
• Bruce Gendelman
• Crump Ins
• Gaddis Company
• Gillis Ellism & Baker
• Golden Benchmark
• JGS Insurance Services
• Mckever Tribble
• Orchid Insurance
• Scholar Insurance

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

Dan Munson, VP of Marketing & Sales
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

Charles Kane, Training
Tel: 617.737.4444
Email: ckane@cdsys.com

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

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!

To be removed from our mailing list, please email pptashnick@cdsys.com and type REMOVE in the subject line.