INSURERS AND CLIENTSALIKE SUFFER THE CONSEQUENCES OF INSTABILITY IN THE PROPERTY INSURANCE MARKETPLACE.

ASK THE RIGHT QUESTIONS!

3 HOW MUCH REINSURANCE IS YOUR INSURANCE CARRIER BUYING?

Reinsurance helps STABILIZE LOSS EXPERIENCE, limiting liability on specific risks and protecting against catastrophes.

A HEAVY RELIANCE OF REINSURANCE MAY BE A RED FLAG because your carrier may no longer have control of its risk appetite, capacity, pricing or even the settlement of claims.

4 WHAT’S YOUR CARRIER’S MARKET LONGEVITY?

Understanding your insurance carrier’s LONGEVITY IN THE MARKET is the most important buying consideration of all.

A BUSINESS STRATEGY OF STEADY GROWTH AND PREMIUM STABILITY is a good indication of responsible, long-term property insurance management.

BEHIND

THE PRICE TAG

It is important for your carrier to help

you understand the

COMPLEX ELEMENTS IMPACTING PRICE

from catastrophe models and engineering information,

to capital requirements and the role of reinsurance.

1 HOW DOES YOUR INSURANCE CARRIER UTILIZE CATASTROPHE MODELS?

WHAT LOSS PREVENTION ENGINEERING SERVICES DOES YOUR CARRIER PROVIDE?2

Carriers use the MODEL OUTPUT along with reinsurance and capital costs, expenses and a profit element TO DEVELOP A TECHNICAL PRICE.

It is important to understand that the MODELS PROVIDE JUST ONE VIEW. To thoroughlyevaluate a risk, carriers need to leverage model data alongside other client-specific risk information.

A longstanding property carrier will have VALUABLE LOSS EXPERIENCE from which to draw educated conclusions and ENGINEERINGINFORMATION SPECIFIC TO A RISK.

The engineering information can provide a more precise view of the exposures while providing recommendations on how to improve your overall risk profile.

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