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Monthly Title Review
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| Title
- NaviSys Front Office |
| Author
- NaviSys |
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Short Description
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| Offers
unmatched customer sales experience to producers, policyholders
and home office staff alike. As a provider, you can also look
forward to streamlining your sales and service, completing illustrations,
quotations and applications quickly, closing sales in record
time, and building lasting customer relationships. |
| NaviSys Front Office Download |
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| - ALERT AIR Loss Estimates in Real Time |
| ALERT AIR Loss Estimates in Real Time
Description |
Obtaining reliable catastrophe loss information quickly as an actual event unfolds has become increasingly important for insurers, reinsurers, and investors. This, coupled with the opportunities available for hedging against events in real time make access to timely information regarding potential catastrophe losses exceedingly valuable.
ALERT (AIR Loss Estimates in Real Time) is an online service providing up-to-date information and loss estimates for major natural catastrophes worldwide.
ALERT currently provides loss information for major events, including: tropical cyclones impacting the United State, the Caribbean, Japan, and Australia; extratropical cyclones in Europe, and; earthquakes in any of the countries modeled by AIR. In addition, AIR will post summary information on other catastrophic events around the world.
In the case of US hurricanes, for example, AIR begins posting event information up to 48 hours before projected landfall. Hundreds of probability-weighted storm scenarios are simulated using the National Hurricanes Centers range of possible storm tracks, wind speeds, and other intensity variables. Industry losses, as well as company-specific losses, can be estimated for all storm scenarios. The most representative scenarios are posted on the ALERT web site in the form of detailed postcode level maps of wind speeds and losses. A narrative description of the event parameters, location, and reported course is also provided. Files containing all scenarios can be downloaded and input directly into AIR software applications for further analysis. |
| - ALERT AIR Loss Estimates in Real Time
Download |
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