Benchmarking Data

Market-leading business intelligence coming to insurers: Q&A with Phanom Dixie

With a career built on analyzing complex industries, Phanom Dixie loves data—and solving business problems. So it’s no wonder she’s very excited to lead a new benchmarking initiative that will...

Accurate risk information: A challenge for commercial property insurance portfolios

There are millions of commercial properties in the United States, and insurance underwriters acquire information on them from multiple channels and sources to assess risk. Unfortunately, not all th...

Taking the garbage out of your catastrophe model

To minimize uncertainty, an effective risk management program has to begin with complete and accurate data. “Garbage in, garbage out” is a cliché, but overuse hasn’t diminished its relevance. You c...

ISO Portal Opens Up New Level of Detail to E&S, Reinsurance Markets

It’s not surprising that excess and surplus (E&S) underwriters have traditionally been forced to rely on experience and judgment to price insurance policies. After all, the non-admitted market is...

New Portal Provides Virtual Rating and Benchmarking for the Nonadmitted Market

Pricing insurance in the nonadmitted market is one of the toughest tasks for underwriters, as they try to rate new, niche risks with limited historical data. But it can be much easier with our new...

Interest in Alternative Methods of Hedging Casualty Risk Increases

The insurance-linked securities and industry loss warranty (ILS/ILW) market for property catastrophe hedging is well defined and robust, but in the casualty space, the concept is still in its...

Identify Preexisting Hail Damage before Underwriting the Policy

It’s raining, it’s pouring, the old man is wondering whether his insured’s roof got dented and scratched in the last hailstorm. Well, lucky for him, he doesn’t have to wonder anymore. He can just...