We wanted to say thank you for using the RiskMeter Online! Something else you should know about us is that we offer a full suite of mapping consulting services.

Batch Work (getting all your data on the same page)

As a user of the RiskMeter, you are gathering critical underwriting criteria with each lookup you perform. Chances are you have hundreds and even thousands of policies without these critical rating pieces. We can take an existing book of business, and code the entire book with any of the criteria you are using today, to underwrite policies, as well as, moving forward with renewals! Below are some examples of the batch work we can perform.

• Distance to shore
• Rating Territory (Customer Defined)
• Flood Zone determination (First American Flood Data)
• Florida Fire Pension Fund City Codes
• Florida Police Pension Fund City Codes
• State Windpool Eligibility (AL, FL, GA, LA, MS, NC, NJ, SC, TX)
• Responding Fire Districts
• Hail Exposure
• Tornado Exposure
• Distance to earthquake fault
• California Brushfire Zones (Renie Admap)
• California Brushfire Zones (Bates & SRA)
• 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

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 to contact us.

Director of Consulting Services

CDS Business Mapping 617-737-4444