With the recent release of Praedicat’s securities class action litigation tracking module in CoMeta, Praedicat now offers an integrated D&O underwriting and portfolio management solution that brings together baseline D&O risk, emerging D&O risk and active litigation tracking data in one streamlined workflow.
“We’re thrilled to bring the first offering of its kind to the D&O market,” said Dave Loughran, Praedicat’s Chief Operating Officer. “Over the past year as we have engaged with clients and other market participants, we have heard a clear need for a unified D&O solution designed for insurers that incorporates a forward-looking approach to new sources of D&O risk such as greenwashing and other correlated event-driven litigation scenarios. We’re excited to begin working with clients to onboard these analytics into their workflows.”
Praedicat’s D&O solution combines the following capabilities in a unified platform:
- Experian’s best-in-class baseline D&O risk model for U.S. public companies.
- Praedicat’s forward-looking emerging D&O risk model that assesses risk of new sources of correlated D&O claims, such as greenwashing, climate liability risk and a range of event-driven litigation scenarios.
- Comprehensive tracking of securities class actions with detailed complaint tagging that allows users to easily research litigation trends.
- Portfolio analytics to assess aggregation risk within D&O portfolios and cross-line clash risk across GL, D&O and Workers Compensation portfolios.
Click here to watch the Insurance Insider interview where Meg Green chats with Praedicat’s Director of Product Management, Graham Tibbets, FCAS, MAAA, about how evolving litigation trends and emerging risks are changing the landscape of D&O insurance.
You can also watch Graham give a quick overview of our integrated underwriting and portfolio management solution in the below video.
To talk with us about our D&O solution, please fill out the form below.