Quickly and accurately price commercial property excess-of-loss reinsurance for any number of layers
With ISO's PSOLD™, a complete exposure-rating tool, you can sharpen your pricing analysis. With the software, you can quickly and easily perform excess-of-loss reinsurance exercises for any layer of loss you specify. And you can perform custom analyses in detail by state and by occupancy in any combination. The PSOLD software lets you confidently price reinsurance treaties and individual risks in a fraction of the time the process previously took.
ISO's PSOLD is the only source of the most current, comprehensive loss history information available for commercial property risks. The PSOLD database contains industry-wide information on more than 4 million occurrences in 50 states and the District of Columbia and 38 occupancy groups. The database contains more than 1 million severity curves that show the size of the expected loss for various policy limits. No other data source can match the credibility and stratification of this database.
You access the PSOLD database through the PSOLD report-generating software. Using the software, you can customize your analyses by selecting:
Then, you can specify:
With a few clicks of the mouse, you can select the appropriate severity curve based on any combination of the above factors and calculate the average severity within a given layer. If you can't specify information in this detail, the software can produce results based on averages over the entire database.
For any specified loss amount, you can see:
Because PSOLD is a self-contained rating tool, you can easily perform your entire rating analysis within the software application. You can also export any part of your PSOLD results into spreadsheet applications. The system's user-friendly Microsoft® Windows interface is compatible with all major spreadsheet applications.
The products in ISO's Reinsurance Package are available as a package or individually. Talk to one of our experts to find out how we can help.