Mapping Services

Batch Processing, Schedules and Book of Business Transfers

Everytime you check for natural hazard risk on the RiskMeter Online, you are gathering critical underwriting criteria. Unfortunately, chances are you have hundreds and even thousands of policies without these critical rating pieces. With the RiskMeter Online Batch Processing Web site, it's now possible for you to take existing books of business and have them coded with any of the guidelines you are using today to underwrite policies. Below are some examples of the batch work you can perform anytime, anywhere!

• Distance to Shore
• Rating Territory (Customer Defined)
• FEMA Flood Zones
• Flood Elevation
• State Premium Tax Codes (AL, DE, FL, GA, IL, KY, LA, NJ, NY, SC, TX)
• State Windpool Eligibility (AL, FL, GA, LA, MS, NC, NJ, SC, TX)
• Distance to Fire Station
• Hail Exposure
• Tornado Exposure
• Hurricane Storm Surge
• Distance to Earthquake Faults
• Wildfire (AZ, CA, CO, ID, MT, NM, NV, OR, SD, UT, WA, WY)
• Earthquake Scores
• County
• MCD (city lookups)
• And Much More!

Rating Territory Construction

How much money are you losing by having the improper rating territory with each quote?

Recent studies suggest that roughly 10% of policies are rated incorrectly as a result of geographic mishaps resulting in lost premiums. If 10% of your policies are rated incorrectly and you could increase your premium by 10% on that portion of policies, that would translate into a 1% total gain in premiums for your entire book. It is a very simple concept and the result is net income increase of 1% purely by making sure policies are rated correctly.

• Your book is 50 MM
• 10 % are rated incorrectly
• of those you could increase premium 10%
• 1% of 50 MM
• $500,000 free and clear directly to the bottom-line

Aggregate Mapping

Have you ever wondered or needed to know where your concentrations lie? We can take your entire book of business at any level, whether it's State, County, Zip Code or Custom Levels, (e.g. concentrations by distance to coast) and make this data come alive! This can be extremely useful in:

• Disaster Management
• Setting up agents in underdeveloped areas
• Reducing your concentrations in overexposed areas
• Negotiating Reinsurance rates
• Re-Rating of Territories

Custom Maps

Quite often, customers would like to get maps of their policies, but don't know how to do this. They need maps in a hurry, so they don't have the time to buy and learn how to use mapping software. In this case they can hire us to make very attractive concentration maps in a hurry!

Sample Maps

Legislative Initiatives

Many of the lookups we provide are the direct result of legislation passed by state governments. These laws can become a considerable financial burden if you do not attend to them. We are constantly looking for new issues that Insurance professionals face, so that we may provide a solution. If you know of any Laws, Amendments, or regulatory issues that are creating problems for your organization, we want to know about them! If you have any questions or concerns about a regulatory issue, please call us so that we can discuss helping you resolve these issues immediately.

Contact

Click here for more information or call 1.800.746.7797

Members of AAMGA, CIWA, FAIA, IASA, NAPSLO, TMPAA