Own the Risk in Commercial Underwriting in Touchstone

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1 Own the Risk in Commercial Underwriting in Touchstone Managing Catastrophe Risk in Commercial Underwriting Webinar Series Peter Baltatzidis, Director of Product Management 1

2 Webinar Series Agenda June 2 June 23 July 14 Own the Risk in Commercial Underwriting in Touchstone Using Touchstone for Accumulation Management and Advanced Geospatial Analysis The Broader Solution Set for Commercial Underwriting from AIR and Verisk Analytics 2

3 AIR s Models and Software Are Widely Accepted for Commercial and E&S Underwriting Enhanced Modeling Capabilities for Commercial Risks AIR Catastrophe Risk Engineering Access to Verisk Analytics Assets Touchstone AIR s Comprehensive Risk Management Platform 3

4 Enhanced Modeling Capabilities for Commercial Risks Enhancements to vulnerability Expanded range of commercial classes Enhanced storm surge Improvements to business interruption Industrial facilities module Builder s risk Robust financial module 4

5 AIR Catastrophe Risk Engineering Catastrophe risk engineering consulting practice offers supplemental services that can help you reduce uncertainty for individual risks and get the best estimate of risk. 5

6 Access to Verisk Analytics Assets Claims data Property data Non-cat perils Replacement valuation Verisk data layers 6

7 Touchstone: AIR s Comprehensive Risk Management Platform 7

8 Touchstone Designed as a Platform for Your Risk Modeling Workflow Hazard Analytics Model Transparency Account Underwriting Non-Cat Analytics S a mph PGA m/s Geospatial Analytics CAT Loss Analytics Verisk Data Data Quality Analytics Enterprise Portfolio and Exposure Management Multi-Modeling and Non-Modeled Perils Flexibility to Adjust Model Output and Parameters More to Come! APIs, Mobile and External Apps 8

9 Let s Evaluate Luxury Hotels of America 9

10 Statement of Values as Received from Broker Street City State Postal Construction Occupancy YearBuilt Stories Sq Ft PPC Sprinkler Building Contents TimeElement 2500 STIRLING RD HOLLYWOOD FL Reinforced Concrete Temporary Lodging Y 8,800,000 90, , ANZA BLVD BURLINGAME CA Temporary Lodging Y 40,800, ,000 4,080, W 79 ST BURBANK IL Steel Temporary Lodging Y 6,300,000 60, , EASTPARK DR BRENTWOOD TN Masonry Temporary Lodging Y 5,000,000 50, , BEACH BLVD JACKSONVILLE BEACH FL Reinforced Concrete Temporary Lodging Y 5,000,000 50, , W PICO BLVD LOS ANGELES CA Masonry Temporary Lodging Y 9,800, , , S ATLANTIC AVE DAYTONA BEACH FL Reinforced Concrete Temporary Lodging Y 7,900,000 80, , ERRINGER RD SIMI VALLEY CA Reinforced Concrete Temporary Lodging Y 5,500,000 60, , KLUMAC RD SALISBURY NC Masonry Temporary Lodging Y 7,000,000 70, , S SPRINGS DR FRANKLIN TN Temporary Lodging N 3,600,000 40, , ESTERO BLVD FORT MYERS BEACH FL Temporary Lodging N 12,100, ,000 1,210, ALBRAE ST FREMONT CA Unknown Temporary Lodging N 7,600,000 80, , EL CAMINO REAL MILLBRAE CA Temporary Lodging N 5,100,000 50, , BOYNTON BEACH BLVD BOYNTON BEACH FL Reinforced Concrete Temporary Lodging N 4,700,000 50, , VAN CAMPEN BLVD WILMINGTON NC Masonry Temporary Lodging Y 6,300,000 60, , BIRD ST OROVILLE CA Unknown Temporary Lodging Y 5,500,000 60, , LENOIR AVE JACKSONVILLE FL Reinforced Concrete Temporary Lodging Y 4,500,000 50, , S FIGUEROA ST LOS ANGELES CA Temporary Lodging Y 18,100, ,000 1,810, CYNTHIA ST WEST HOLLYWOOD CA Reinforced Concrete Temporary Lodging N 6,200,000 60, , BRADLEY BLVD RICHLAND WA Woodframe Temporary Lodging N 6,500,000 70, ,000 10

11 My Underwriting Guidelines Based on Hazard Distance to nearest earthquake fault = 1 mile Distance to coast = 0.5 mile Distance to 100-year floodplain = 0.25 miles Clash USD 75 million for any 0.5-mile-radius ring Pricing AAL and standard deviation Non-Cat AAL 100-year and 250-year EP 11

12 Touchstone Demonstration 12

13 Summary: Touchstone Streamlines Account Underwriting Exposure Entry Automated Analyses Customized Guidelines UW Reporting 13

14 Webinar Series Agenda June 2 June 23 July 14 Own the Risk in Commercial Underwriting in Touchstone Using Touchstone for Accumulation Management and Advanced Geospatial Analysis The Broader Solution Set for Commercial Underwriting from AIR and Verisk Analytics 14

15 Thank You 15

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