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 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.

Today’s Presenters Za c h Bog g s Clie nt E xpe rie nc e Ma na g e r 2

a ble of Conte nts T • 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

Wha t is the Unde rwriting F ra me work?

Wha t is Unde rwriting F ra me work? • T o 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” 5

My Work- up Me nu (E x. US Public D&O) 6

Work- up (E x. US Public D&O) 7

Unde rwriting F ra me work Da ta 3 rd Pa rty Da ta 4 ,0 0 0 25M+ Ne ws so urc e s 400,000+ Co mpa nie s in Advise n da ta b a se L a rg e lo sse s in Advisen’s da ta b a se 8

Unde rwriting F ra me work Da ta Se a rc ha b le b y I nc lude s: ma rke t se g me nts: • L o ss info rma tio n o n hundre ds o f tho usa nds • Ge o g ra phy o f e ve nts • Co mpa ny size • Busine ss info rma tio n • Co mpa ny type • Pub lic c o mpa ny • I fina nc ia l da ta ndustry • E q uity a nd de b t • Co ve ra g e type 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

Why Is It Struc ture d T his Wa y?

Me thod to our Ma dne ss • 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 11

How doe s it work? L ive De mo

Hig hlig hte d F e a ture s (E x. US Pub D&O) Stoc k Cha rt L oss Da ta Spe c ific lo ss By Co mpa ny Re ne wa l da ta By I ndustry 13

ST OCK CHART 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 14

Stoc k Cha rt 15

Stoc k Cha rt 16

Stoc k Cha rt 17

L OSS DAT A Custo mize wo rk-up to sho w lo sse s b y c o mpa ny a nd/ o r b y industry 18

L oss Da ta 19

RE NE WAL 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” 20

Re ne wa l 21

Re c a p

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 o 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 o sse s b y c o mpa ny a nd b y industry a ste r “Yes” or “No” complementing your instincts • F • Ma na g e me nt re po rting – T ra c k Cha ng e s 23

F uture De ve lopme nts

F uture De ve lopme nts • 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 o 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 25

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 r pe r forma nc e . 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