May 9th 2020: In the Bitesize article, Oxbow Partners gives a first glimpse of Praedicat’s COVID-19 scenario modelling solution and litigation tracker, both of which are set to launch later this month. These tools empower Praedicat’s clients to run the scenarios against nearly40,000 U.S. companies in its software, helping them to better manage their exposures. Litigation tracking will give Praedicat’s clients access to evergreen COVID-19 litigation tracking data for all 50 states, the District of Columbia, and US federal courts.
Our clients can use the projected industrial footprint of the scenarios to estimate limits exposed and to evaluate potential tail risk in their portfolios. The information can be used to develop underwriting strategies, and with the results available by company, the strategies can be implemented at the point of underwriting. In addition, the estimates can be used to evaluate the adequacy of reserves and to respond to exposure inquiries by regulatory authorities and rating agencies.
This is game-changing innovation to help navigate uncertain times.
Read the full interview here.
Miss the May 14th webinar on COVID-19, with Praedicat CEO Bob Reville. Watch video here!
To learn more about Praedicat’s COVID-19 litigation tracker click here.
Have questions? Get in touch with one of our Account Manager team members.
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