| In This Issue
|
| e2Value's Replacement Cost
Calculators Integrated into RiskMeter
|
| Featured WebEx: e2Value Replacement
Cost Calculator |
| New South Carolina Windspeed
Report |
| Section/Range/Township Search
Tool Available for 28 States
|
| Hail & Tornado Report Updates
|
| Accurate Flood Data Counts
|
| Upcoming Events
|
| Online Training Schedule
|
| Welcome to our Newest Customers
|
| Request a Hardcopy
|
| Contacts |
| Questions or Comments?
|
| Please Add Us to Your Safe
Sender List |
| Unsubscribe |
| Complimentary Test Drive of
Any Report |
|
|
| e2Value's Replacement
Cost Calculators Integrated into
RiskMeter |
|
|
For companies that have been looking for an
alternative to their current replacement cost
vendor, CDS may have a solution. CDS has
partnered with e2Value to offer leading edge
valuation products. e2Value offers replacement
cost estimators for homes, mobile homes, farm,
ranch and commercial properties. With more and
more insurance companies focusing on improving
underwriting results, we wanted to offer a
solution that would help our users to streamline
their underwriting processes. Benefits of this
partnership include:
Elimination of duplicate data
entry - Since this program is fully
integrated, RiskMeter Online users can get
geographic risk reports and property valuations
without duplicate data entry
One Account/One Bill -
RiskMeter Online users will receive one bill,
which contains the number of geographic risk
reports and property valuations
Valuation Report
Archives - e2Value's Smart Data
Warehouse tool allows users to retrieve existing
replacement cost reports. In addition, it
also enables users to review & edit existing
reports, without having to re-key data, as well as
perform data mining & trend
analysis.
One Contact Person - If
someone has a question about billing or how the
account is set up, RiskMeter Online users just
need to speak with their account executive
To learn more about this feature, please
contact Daniel Munson at
617.737.4444 or dmunson@cdsys.com |
| Featured WebEx:
e2Value Replacement Cost
Calculators |
|
| On Thursday,
June 12th at 2pm (EDT) Debbie Wagner
from e2Value and Daniel Munson, Founder, RiskMeter
Online will perform a live, Online
demonstration using e2Value's Replacement Cost
Calculator. This is a great way to get
a sneak preview of how e2Value's Replacement Cost
tool will work within the RiskMeter Online.
There are only a few seats remaining.
To secure your spot, please go to: https://cdsys.webex.com
|
| New South Carolina
Windspeed Report |
|
For carriers writing in South Carolina,
insurance department regulations identify certain
wind-related factors that must be considered in
developing rating plans. This new report
from RiskMeter will identify the Wind Speed
designations as provided by the South Carolina
Building Codes Council. In compliance with
Section 6-9-105(C) of the South Carolina Code of
Laws, the Building Codes Council has defined the
physical boundaries (streets, highways, streams,
rivers and lakes) associated with the
corresponding maps published in the International
Building and Residential Codes for the State of
South Carolina. This report will identify
the wind speed region for any address in the state
so that appropriate rates may be considered (e.g.
deductibles, storm shutters, roof shape,
etc). This appears to be the first step for
South Carolina as they try and take
similar measures which Florida has passed
over the last few years. If you have any
questions, please contact Jamie Munson at
860.854.6125 or jmunson@cdsys.com |
| Section/Range/Township
Search Feature Available for 28 States
|
|
The RiskMeter Online Section/Range/Township
(S/R/T) lookup feature is now available for the 28
states listed below.
AL,AR,AZ,CA,CO,FL,IA,ID,IL,IN,KS,LA,MI,MN,MO,MS,MT,
ND,NE,NM,NV,OK,OR,SD,UT,WA,WI and
WY.
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 S/R/T.
For more information about this feature, please
contact your account executive at
617.737.4444 |
| Hail & Tornado Reports
Updates |
|
CDS is updating the hail
& tornado models to include newer data.
Events from 2006 and 2007 are being added to the
database. As we all remember, 2006 and 2007
were especially active years resulting in losses
exceeding $1b. These reports highlight areas
of high hail and tornado activity. The data
should be available within the next few
weeks. These reports are valuable to
insurers writing property in high risk regions,
both for individual risks, and on an aggregate
basis. If you have any questions, please
contact your account executive at
617.737.4444
|
| Accurate Flood Data
Counts |
|
| Some of the companies we
speak to knowingly use older FEMA flood
data. FEMA has an older set of digital flood
maps known as Q3 flood data (RiskMeter
does not use Q3 flood data).
People have been using these maps for quite some
time, mainly because the data is very inexpensive.
However, these users may not be aware
that there are two big issues with Q3 flood
data. First, Q3 data only covers
approximately 1,800 counties
(there are over 3,000 counties in the US).
So the maps are incomplete. Secondly, and
more importantly, these maps have not been updated
since they were released in the 1990's!
Considering that there are between 15,000 and
20,000 flood map revisions annually, there is a
good chance that companies using this data are
getting the wrong answers. In addition, some
companies also get Q3 data through their cat
models, which run into the same issues as
mentioned above.
On the RiskMeter our maps are updated monthly
to reflect the current FEMA maps. While we
might not be the cheapest source, we believe that
we have the most accurate maps available.
Why does this matter? Within the last
week an insurance agency was sued by a client
because they didn't adequately advise them of
their flood exposure.
If you absolutely need the correct answer
and are on the edge of a flood zone, or question
if the building is in a flood zone, consider
ordering a manual flood determination.
Although it costs a little more, a trained
flood technician will research the location
thoroughly to ensure you get the correct
answer. This also can be helpful if a
location can't geocode. For more
information, please contact your account executive
at
617.737.4444
|
| 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
June 4-8, 2008 * Scottsdale, AZ
June 12-14,
2008 * Orlando, FL
July 13-16, 2008 * Sunriver, OR
September 4-6, 2008 * Whistler, British
Columbia
September 10-13, 2008 * San Diego, CA
October 13-15, 2008 * Tempe,
AZ |
| 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 Val Feeney at
617.737.4444 or vfeeney@cdsys.com
Western Risks
Wednesday, June 4, 2008
2:00 pm - 3:00 pm (EDT)
National Risks
Wednesday, June 11, 2008
2:00 pm - 3:00 pm (EDT)
Featured WebEx: e2Value
Thursday, June 12, 2008
2:00 pm - 3:00 pm (EDT)
Western
Risks
Wednesday, June 18, 2008
2:00 pm - 3:00 pm (EDT)
National Risks
Wednesday, June 25, 2008
2:00 pm - 3:00 PM (EDT)
|
| Welcome to Our Newest
Customers |
|
|
Carriers
MGAs/Wholesalers
- All Risks Limited (Corp Acct)
- BISYS Specialty Brkg/Crump Ins Srvcs
(Corp Acct)
- Swett & Crawford (Corp Acct)
Agents &
Brokers
- Allstate (Peter Nolan)
- The Insurance Center
- Jeff Dunning Allstate
- Kime3 Corp
- Mastors and Servants
Others
- Accredited Home Inspections
- Florida Inspection Team
- Home Detectives
- Total Home Inspection Services
- White House
Inspections
|
| 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
Jamie Munson, Director of Consulting
Services
Tel: 860.854.6125
Bradley Sherwin, Sales Manager
Tel: 617.737.4444
Val Feeney, Support, Training and Customer
Service
Tel: 617.737.4444
David Poitras, Account Executive
Tel: 617.737.4444
Monique Audette, Account Executive
Tel: 617.737.4444
Wendy Corr, Account Manager
Tel: 617.737.4444
|
| Questions or
Comments? |
|
If you would like more information on any of
the topics discussed in this newsletter, please
contact Dan Munson, Founder, RiskMeter Online at
617.737.4444 or dmunson@cdsys.com |
| Please Add Us to
Your Safe Senders List
|
|
|
In order to ensure you receive the RiskMeter
newsletter in your inbox, please make sure to add
the RiskMeter Online into your Safe Senders or
Safe Recipients list. If you're not sure how
to do this, please follow the steps below.
- On the Outlook tools menu, located
in your inbox, click "Options"
- On the preferences tab, under Email, click
"Junk Email"
- Click the "Safe Senders" or "Safe
Recipients" tab
- Click "Add"
- In the Enter an Email address or
Internet domain name to be added list
box, type in newsletter@cdsys.com, and then
click "Ok"
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| Unsubscribe |
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mailing list, please Email pptashnick@cdsys.com and type
REMOVE in the subject line.
|
| Test Drive Any Risk Report
for One Month |
|
|
Are you a current RiskMeter customer and
you're not sure whether to add a new report to
your account, or would like to test one out?
If so, please don't hesitate to ask your account
executive for a complimentary, one month test
drive. For more information about this
program, please
call 617.737.4444
| |
|
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
| | |
