ISO Seminars Help Insurers Manage Property Risk Using Address-Specific Information

January 1, 2011 / 2 min read

WHAT: Reliable address-specific information is key to ensuring quality underwriting and appropriate pricing of property insurance.

ISO experts will host regional seminars in five cities to discuss methods to improve the management of insurers' property portfolios with accurate location-specific information. ISO experts provide an overview of geographic information system (GIS) techniques and tools that are commercially available to implement, as well as discuss what ISO has done with this state-of-the-art technology. ISO will also discuss how proper Public Protection Classification (PPCTM)may make a significant difference in underwriting results and impact premiums and loss ratios. The seminars demonstrate the value of a robust PPC program and the impact of other important location-specific information on setting premiums for policies, including flood, earthquake, hurricane, tornado, hail, distance to coasts, windpools, crime, Premium Tax and Building Code Effectiveness Grading Schedule(BCEGSTM).

ISO experts will discuss the value of LOCATION®, an automated underwriting decision-support solution to address these critical issues. LOCATION leverages the power of advanced GIS technology to provide risk information on residential and commercial properties by street address throughout the United States.

WHEN & WHERE:

October 15: Boston
Holiday Inn Select, 5 Blossom Street, Boston, MA
October 18: Chicago
Hilton Chicago, 720 South Michigan Avenue, Chicago, IL
October 19: Columbus
The Columbus, Renaissance Hotels and Resorts, 50 North 3rd Street, Columbus, OH
October 21: Dallas (Addison)
Crowne Plaza Addison, 14315 Midway Road, Addison, TX
October 22: San Francisco
Crowne Plaza Hotel San Francisco Union Square, 480 Sutter Street, San Francisco, CA

REGISTRATION INFORMATION: To sign up for any seminar, visit www.verisk.com/ and click on "Conferences."

About ISO
ISO is a leading provider of products and services that help measure, manage and reduce risk. ISO provides data, analytics and decision-support solutions to professionals in many fields, including insurance, finance, real estate, health services, government and human resources. Professionals use ISO's databases and services to classify and evaluate a variety of risks and detect potential fraud. In the U.S. and around the world, ISO's services help customers protect people, property and financial assets.

Release: Immediate

Contacts:
Giuseppe Barone / Erica Helton
MWW Group (for ISO)
201-507-9500
gbarone@mww.com / ehelton@mww.com