Addresscloud – Realtime Accumulation – The New Risk Selection Quandary

With regulatory scrutiny on the rise, ensuring capital adequacy across all points of quote is becoming a necessary governance factor. This briefing explores the considerations and solutions.

Learning Objectives
At the end of this session, delegates will be able to:
• Describe how the data quality of property addressing needs to be formatted in order to achieve meaningful accumulation analysis.
• Summarise the business case for implementing accumulation validation at the pre-bind stage of the underwriting process.
• Outline how to assess the levels of accumulated flood, fire, terror and quake risk across your portfolios, at a national and global level.
• Explain the process of how to pull real-time accumulation outputs when a cat-event is occurring.