Praedicat CoMeta Product Update June 2022 – New Feature

Praedicat CoMeta Product Update June 2022 – New Feature

Praedicat CoMeta Product Update June 2022 – New Feature 300 300 David Loughran
Praedicat CoMeta Product Update
June 2022

 

New Features

Business activity drill down

CoMeta’s underwriting feature now allows users to see which Litagion agents drive business activity risks. Under the “Risk score drivers” tab, click view by business activity to see a list of business activities that drive the overall company risk score. Then click on a business activity to view the Litagion agents that drive the risk of that particular business activity.

Underwriting by industry

As of the December 2021 release of CoMeta, SIC codes used to describe industry-modeled policies are automatically mapped to NAICS codes employing a one-to-one mapping that is available to users in the portfolio upload template (see the December 21, 2021 release notes for a description of this change). With the current release, that same mapping of SIC to NAICS codes is used in CoMeta’s industry underwriting feature. Selecting an SIC code from the list of industry codes available under “search for industry” will direct users to loss estimates for the NAICS code that corresponds to that SIC code.

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