Enhance Pricing and Predictive Models with Historical Exposure Data - PowerPoint PPT Presentation

En hance Pricing and Predictive Models with Historical Exposure Data September 19 th , 11 AM EDT

Enhance Pricing and Predictive Models with Historical Exposure Data Visit www.advisenltd.com at the end of this webinar to download: – Copy of these slides – Recording of today’s webinar 2

About Advisen Leading the way to smarter and more efficient risk and insurance communities, Advisen delivers: the right information into the right hands at the right time to power performance. www.advisenltd.com 3

Today’s Host Jim Blinn EVP, Client Solutions Advisen

Guest Panelist Nick Irwin, FCAS, MAAA ISO/Verisk 5

Agenda • Introduction to ExposureVue • Cyber Examples • Wage & Hour Example 6

Introduction to ExposureVue

ExposureVue Data Sources ICC Advisen Proprietary Standard Research Dun & & Poor’s Bradstreet

ExposureVue “Menu” Full Version Company Cyber Version Statistics Version Tailored to Other Loss Feed NAICS & Revenue Ranges Version Industry NAICS & Employee Count Version Statistics SIC & Revenue Ranges Version SIC & Employee Count Version Financials Additional Securities Options S&P’s GVKEY DUNS Numbers

Company and Industry Statistics Company Statistics • Companies with loss event(s), and their ultimate parents • Individual company info back to 2008 Industry Statistics • Statistical overview of all US-based top level parent companies (revenue ≥ $1M) • Segmented by year, industry, company type and size

ExposureVue Applications • Enhanced matching of loss to exposure • More accurate and sophisticated rating plans for insurers • Better cost and frequency comparison across industries • Effective estimation of available markets

CYBER: COMPANY STATISTICS

Sample Company Loss Data Cyber Events from Loss Feed - Enhanced Recovery Company, LLC (NAICS Code: 5614) MSCAD COMPANY ULTIMATE ACCIDENT ACCIDENT AFFECTED PARENT ID STATE CASE CATEGORY CASE TYPE ID ID DATE YEAR COUNT Privacy - Unauthorized 737674 4031436 4031436 FL Cyber/Identity Risks Contact or Disclosure 7/1/2010 2010 Privacy - Unauthorized 729835 4031436 4031436 FL Cyber/Identity Risks Contact or Disclosure 1/1/2011 2011 1 Privacy - Unauthorized 790591 4031436 4031436 FL Cyber/Identity Risks Contact or Disclosure 12/1/2013 2013 2 Privacy - Unauthorized 921829 4031436 4031436 FL Cyber/Identity Risks Contact or Disclosure 1/1/2013 2013 1 Privacy - Unauthorized 811631 4031436 4031436 FL Cyber/Identity Risks Contact or Disclosure 2/8/2014 2014 1 Privacy - Unauthorized 871369 4031436 4031436 FL Cyber/Identity Risks Contact or Disclosure 12/14/2014 2014 Privacy - Unauthorized 863239 4031436 4031436 FL Cyber/Identity Risks Contact or Disclosure 1/1/2015 2015 1 Privacy - Unauthorized 880174 4031436 4031436 FL Cyber/Identity Risks Contact or Disclosure 3/1/2015 2015 1 Privacy - Unauthorized 910167 4031436 4031436 FL Cyber/Identity Risks Data Collection 6/8/2016 2016 1 Privacy - Unauthorized 917249 4031436 4031436 FL Cyber/Identity Risks Contact or Disclosure 6/1/2016 2016 1 13

Company Statistics Data Company Statistics - Enhanced Recovery Company, LLC (NAICS: 5614) COMPANY DATA SIC NAICS REVENUE REVENUE EMPLOYEE COMPANY HEADQUARTERS ID YEAR CODE CODE RANGE ID COUNT TYPE COUNTRY 4031436 2008 7322 561440 19,583,298 7.2 500 PRV USA 4031436 2009 7322 561440 24,151,594 7.3 500 PRV USA 4031436 2010 7322 561440 36,350,957 7.5 700 PRV USA 4031436 2011 7322 561440 36,350,957 7.5 800 PRV USA 4031436 2012 7322 561440 55,430,371 7.7 800 PRV USA 4031436 2013 7322 561440 55,430,371 7.7 800 PRV USA 4031436 2014 7322 561440 51,706,920 7.7 1550 PRV USA 4031436 2015 7322 561440 51,706,920 7.7 1550 PRV USA 4031436 2016 7322 561440 64,000,000 7.8 1394 PRV USA 4031436 2017 7322 561440 64,000,000 7.8 1394 PRV USA 14

Industry Statistics Data Industry Statistics - Top Level Parent Company Count for Business Support Services Industry (NAICS: 5614) Min Revenue Max Revenue Revenue Range ID 2008 2009 2010 2011 2012 2013 2014 2015 2016 Average 1,000,000 1,258,925 6.0 2,748 2,393 2,160 2,050 1,666 1,570 1,377 1,352 1,464 1,864 1,258,926 1,584,893 6.1 1,657 1,405 1,270 1,205 1,053 1,012 959 925 931 1,157 1,584,894 1,995,262 6.2 949 929 888 820 798 794 775 750 763 830 1,995,263 2,511,886 6.3 1,145 1,006 951 884 843 793 748 741 733 872 2,511,887 3,162,277 6.4 614 626 623 616 573 538 460 436 486 552 3,162,278 3,981,071 6.5 410 452 468 420 414 414 377 360 440 417 3,981,072 5,011,872 6.6 449 457 423 407 405 371 344 336 383 397 5,011,873 6,309,573 6.7 205 228 272 240 227 212 174 178 268 223 6,309,574 7,943,282 6.8 168 200 196 201 164 147 143 140 230 177 7,943,283 9,999,999 6.9 175 171 173 153 149 129 131 125 164 152 10,000,000 12,589,254 7.0 143 177 169 163 161 150 137 138 157 155 12,589,255 15,848,931 7.1 82 102 110 108 122 124 116 112 109 109 15,848,932 19,952,623 7.2 65 80 92 97 88 93 89 94 77 86 19,952,624 25,118,864 7.3 49 57 69 75 79 79 70 70 71 69 25,118,865 31,622,776 7.4 48 39 40 48 51 49 53 48 55 48 31,622,777 39,810,717 7.5 19 25 31 31 27 24 25 27 42 28 39,810,718 50,118,723 7.6 46 41 38 38 31 33 25 22 26 33 50,118,724 63,095,734 7.7 22 26 21 21 25 23 15 15 25 21 63,095,735 79,432,823 7.8 19 20 22 23 15 14 14 13 16 17 79,432,824 99,999,999 7.9 15 14 14 12 9 12 6 6 18 12 100,000,000 125,892,541 8.0 17 20 23 19 18 14 13 16 18 18 158,489,320 199,526,231 8.2 2 2 3 7 9 4 6 6 9 5 251,188,644 316,227,766 8.4 7 8 8 6 6 7 4 5 7 6 316,227,767 398,107,170 8.5 4 3 4 2 5 5 5 6 1 4 398,107,171 501,187,233 8.6 3 2 4 6 6 5 5 5 8 5 794,328,235 999,999,999 8.9 1 2 2 2 2 4 4 5 3 1,000,000,000 1,258,925,411 9.0 1 1 1 3 4 4 4 2 3 3 1,258,925,412 1,584,893,192 9.1 5 4 3 5 3 3 2 4 2 3 1,584,893,193 1,995,262,314 9.2 3 3 3 2 1 1 2 2 1 2 Grand Total 9,096 8,517 8,105 7,685 6,975 6,657 6,113 5,968 6,545 7,296 15

WAGE & HOUR: INDUSTRY STATISTICS

Fair Labor Standards Act • A Federal law that establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. • Administered by Wage and Hour Division of the United States Department of Labor. • States have additional rules and enforcement departments 17

FLSA Federal Docket Count * 2017 is annualized 18

W&H Cases Industry Distribution 19

ExposureVue Company Distribution 20

Frequency by Industry 21

Frequency By Company Size 22

Severity Distribution 23

Severity by Company Size 24

Visit https://www.advisenltd.com/data/exposurevue/ to learn how ExposureVue can enhance your modeling and request a demo! 25

Enhance Pricing and Predictive Models with Historical Exposure Data Visit www.advisenltd.com at the end of this webinar to download: – Copy of these slides – Recording of today’s webinar 26

Order the 2017 RIMS Benchmark Survey today! Based on: - 20,000 insurance programs - 759 entities, some Fortune 500! - $4 billion in premium To order, visit: www.advisenltd.com/media/print- publications/rims-benchmark-survey/ 27

Contact Us Advisen Ltd. 1430 Broadway 8 th Floor New York, NY 10018 www.advisenltd.com Phone +1.212.897.4800 advisenevents@advisen.com 28

Leading the way to smarter and more efficient risk and insurance communities. Advisen delivers: the right information into the right hands at the right time to power performance . About Advisen Ltd. Advisen is the leading provider of data, media, and technology solutions for the commercial property and casualty insurance market. Advisen's proprietary data sets and applications focus on large, specialty risks. Through Web Connectivity Ltd., Advisen provides messaging services, business consulting, and technical solutions to streamline and automate insurance transactions. Advisen connects a community of more than 200,000 professionals through daily newsletters, conferences, and webinars. The company was founded in 2000 and is headquartered in New York City, with offices in the US and the UK. +1 (212) 897-4800 | info@advisen.com | www.advisenltd.com