The RiskMeter Online is used by underwriting professionals and agents to automate property lookups. Through the use of desktop mapping software, the RiskMeter Online enables underwriters and agents to determine the proximity to natural hazards for any property in the United States. In the Property & Casualty insurance industry there are many risk factors that are related to geography. For example, Distance to Shore, Distance to Earthquake Faults and street addresses are all used to determine pricing.
Currently, for any property in the United States, the RiskMeter Online can be used to determine: Distance to Coast, Rating Territories, FEMA Flood Zones, State Windpool Eligibility and much more! The RiskMeter was designed to make this time consuming and error prone process much more efficient for insurers. The time savings involved in this process can reduce costs by up to 90%! The product has been built using the MapInfo suite of desktop mapping software and custom software integration.
Members of AAMGA, CIWA, FAIA, IASA, NAPSLO, TMPAA
