the Art We b ina r: April 18 @ 11a m E DT Advisens ne w Unde - - PowerPoint PPT Presentation

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the Art We b ina r: April 18 @ 11a m E DT Advisens ne w Unde - - PowerPoint PPT Presentation

Inc re a se Unde rwriting E ffic ie nc y Without Sa c rific ing the Art We b ina r: April 18 @ 11a m E DT Advisens ne w Unde rwriting F ra me wo rk c o mb ine s pro prie ta ry lo ss da ta with ne w te c hno lo g y to spe e d up the


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SLIDE 1

Inc re a se Unde rwriting E ffic ie nc y Without Sa c rific ing the Art

We b ina r: April 18 @ 11a m E DT

Advisen’s ne w Unde rwriting F

ra me wo rk c o mb ine s pro prie ta ry lo ss da ta with ne w te c hno lo g y to spe e d up the re vie w o f po te ntia l re d fla g s, turna ro und re ne wa ls fa ste r, a nd inc o rpo ra te b e st pra c tic e s.

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SLIDE 2

Today’s Presenters

2

Za c h Bog g s Clie nt E xpe rie nc e Ma na g e r

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SLIDE 3

T a ble of Conte nts

  • Wha t is the Unde rwriting F

ra me wo rk?

  • Why is it struc ture d this wa y?
  • Ho w do e s it wo rk?

– L

ive de mo

  • Re c a p
  • F

uture de ve lo pme nts

3

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SLIDE 4

Wha t is the Unde rwriting F ra me work?

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SLIDE 5

Wha t is Unde rwriting F ra me work?

5

  • T
  • o l to stre a mline the sub missio n

e va lua tio n pro c e ss

  • Custo miza b le Online Wo rk-ups

– Pre -po pula te d insure d da ta – Unde rwrite r da ta a nd c o mme nta ry

  • Faster “Yes” or “No”
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SLIDE 6

6

My Work- up Me nu (E

  • x. US Public D&O)
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SLIDE 7

7

Work- up (E

  • x. US Public D&O)
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SLIDE 8

8

Unde rwriting F ra me work Da ta

400,000+

L a rg e lo sse s in Advisen’s da ta b a se

4 ,0 0 0

Ne ws so urc e s

25M+

Co mpa nie s in Advise n da ta b a se

3rd Pa rty Da ta

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SLIDE 9

Unde rwriting F ra me work Da ta Se a rc ha b le b y ma rke t se g me nts:

  • Ge o g ra phy
  • Co mpa ny size
  • Co mpa ny type
  • I

ndustry

  • Co ve ra g e type

I nc lude s:

  • L
  • ss info rma tio n o n

hundre ds o f tho usa nds

  • f e ve nts
  • Busine ss info rma tio n
  • Pub lic c o mpa ny

fina nc ia l da ta

  • E

q uity a nd de b t se c uritie s da ta

  • Glo b a l ne ws
  • SE

C filing s

  • E

q uity a na lyst re po rts

9

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SLIDE 10

Why Is It Struc ture d T his Wa y?

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SLIDE 11

Me thod to our Ma dne ss

11

  • I

nsig ht fo r Be tte r De c isio ns

Pre -po pula te d insure d da ta + unde rwrite r da ta + yo ur o wn c o mme nta ry

L a rg e st a va ila b le lo ss da ta se t with o ve r 400,000 c a se s, e ve nts, o r a c tio ns

  • E

ffic ie nc y in Pro c e ssing Ana lysis

L e ss se a rc hing , mo re a na lyzing

Unc o ve r hig h-le ve l re d fla g s fa ste r

Sha re wo rk-ups with ma na g e r fo r sig n-o ff

  • E

xpe dite Re ne wa ls

Pro c e ss re ne wa ls fa ste r with re fre she d c o mpa ny da ta a nd pre vio us

year’s unde rwrite r a na lysis

  • Co mplia nc e & Audit

Ma inta in c o nsiste nc y with c usto m, sta nda rdize d wo rkups

Suppo rts c o mplia nc e a nd a udit e ffo rts b y re insure rs, inte rna l, e xte rna l, le g a l, a nd re g ula to ry a utho ritie s

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SLIDE 12

How doe s it work?

L ive De mo

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SLIDE 13

Hig hlig hte d F e a ture s (E

  • x. US Pub D&O)

13

Stoc k Cha rt

Spe c ific lo ss da ta

L

  • ss Da ta

By Co mpa ny By I ndustry

Re ne wa l

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SLIDE 14

14

Pa ir sto c k b e ha vio r with re la te d lo ss da ta a nd/ o r sig nific a nt de ve lo pme nts

ST OCK CHART

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SLIDE 15

Stoc k Cha rt

15

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SLIDE 16

Stoc k Cha rt

16

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SLIDE 17

Stoc k Cha rt

17

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SLIDE 18

18

Custo mize wo rk-up to sho w lo sse s b y c o mpa ny a nd/ o r b y industry L OSS DAT A

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SLIDE 19

L

  • ss Da ta

19

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SLIDE 20

20

Re ne w wo rk-up upo n re ne wa l to upda te da ta a nd mo ve pro g ra m da ta fro m

“Proposed Pro g ra m Structure” to “Expiring Program Structure”

RE NE WAL

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SLIDE 21

Re ne wa l

21

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SLIDE 22

Re c a p

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SLIDE 23

Re c a p

  • Stre a mline the sub missio n e va lua tio n pro c e ss
  • Custo miza b le Online Wo rk-ups

– Pre -po pula te d insure d da ta – Unde rwrite r da ta a nd c o mme nta ry

  • No t just D&O

– Othe r L

OBs

– E

  • x. Cyb e r
  • L
  • sse s b y SIC, re ve nue , g e o g ra phy, e mplo ye e s g ro w with # o f

pe o ple using c o mpute r

  • L
  • sse s b y c o mpa ny a nd b y industry
  • F

a ste r “Yes” or “No” complementing your instincts

  • Ma na g e me nt re po rting

– T

ra c k Cha ng e s

23

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SLIDE 24

F uture De ve lopme nts

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SLIDE 25

F uture De ve lopme nts

25

  • Othe r se g me nts

– Who le sa le rs – Pro duc ing b ro ke rs

  • Othe r L

OBs

– Cyb e r, E

xc e ss Ca sua lty, Pro duc t Re c a ll/ Pro duc ts L ia b ility, e tc .

  • F

uture Unde rwriting F ra me wo rk we b ina rs

– F

  • r o the r L

OBs

  • F

e a ture upg ra de s

– Ana lyst Re po rts a va ila b le thro ug h pla tfo rm

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SLIDE 26

About Advise n L td. Advise n is the le a ding pro vide r o f da ta , me dia , a nd te c hno lo g y so lutio ns fo r the c o mme rc ia l pro pe rty a nd c a sua lty insura nc e ma rke t. Advise n's pro prie ta ry da ta se ts a nd a pplic a tio ns fo c us o n la rg e , spe c ia lty risks. T hro ug h We b Co nne c tivity L td., Advise n pro vide s me ssa g ing se rvic e s, b usine ss c o nsulting , a nd te c hnic a l so lutio ns to stre a mline a nd a uto ma te insura nc e tra nsa c tio ns. Advise n c o nne c ts a c o mmunity o f mo re tha n 200,000 pro fe ssio na ls thro ug h da ily ne wsle tte rs, c o nfe re nc e s, a nd we b ina rs. T he c o mpa ny wa s fo unde d in 2000 a nd is he a dq ua rte re d in Ne w Yo rk City, with o ffic e s in the US a nd the UK . +1 (212) 897-4800 | info @ a dvise n.c o m | www.a dvise nltd.c o m

L e a ding the wa y to sma rte r a nd mo re e ffic ie nt risk a nd insura nc e c ommunitie s. Advise n de live rs: the r ight infor mation into the r ight hands a t the r ight time to powe rpe r

forma nc e .