August 24th 2020: Praedicat announces release of 4 new scenarios.
Praedicat is excited to announce that we’ve added four new liability catastrophe scenarios to our library! As you know, our scenarios help you to better understand casualty catastrophe risk, all while informing portfolio stress testing and portfolio risk management.
Three of the newly released liability catastrophe scenarios are related to PFAS, phthalates, and diisocyanate building contamination and will be of particular interest to those of you writing construction-related accounts. The scenarios consider the possibility property owners need to remediate flooring, wall coverings, and insulation containing these chemicals and demand compensation from responsible parties.
The scenarios include:
PFAS:
- Building Contamination, Property Damage, Bodily Injury
- Building Contamination, Property Damage, Infertility
- Building Contamination, Property Damage, Reproductive Development
Phthalates:
- Building Contamination, Property Damage
- Building Contamination, Property Damage, Bodily Injury
- Building Contamination, Property Damage, Prediabetics
Diisocyanates:
- Building Contamination, Property Damage
- Building Contamination, Property Damage, Bodily Injury
- Building Contamination, Property Damage, Asthmatics
The fourth scenario covers SARS-CoV-2 (COVID-19) 4th-party damages, adding to our growing COVID-19 related offerings. We now have a total of 21 scenarios related to SARS-CoV-2, along with our COVID-19 litigation tracker.
We remain vigilant in our efforts to prepare you for the next asbestos!
Click here to learn more about our scenarios. To read more about the litigation tracker capabilities in CoMeta click here.
For information on our litigation tracker, click here. If interested in learning more about Praedicat’s COVID-19 tool combination click here.
Missed our webinars about emerging risks and COVID-19? Watch the first and the second episode of Coffee with Bob, the Praedicat-Intelligent Insurer webinar on the future of risk management, and the first Carrier Management ExecTalk featuring Praedicat, now!
Have questions? Get in touch with one of our Account Manager team members.