Social inflation is driving a surge in mass litigation in the United States making it more important than ever to monitor aggregations of latent casualty risk. Praedicat’s newly released emerging risk scenario platform can help. Upload your casualty book and before you know it you’ll be digging into a wide-range of deterministic scenarios – think PFAS, opioids, glyphosate, talc, COVID, and myriad emerging risks that could become the next asbestos – all built from the ground-up on the foundation of Praedicat’s industry-leading model of mass litigation risk. Detailed model output takes you down to the company level where estimates account for policy terms and conditions like trigger, policy year, limit, attachment, and defense costs.
Did we mention that our scenarios now consider concomitant D&O losses? Publicly-traded companies are getting hammered by “event-driven” securities class action in the United States alleging directors and officers failed to disclose mass litigation risk to shareholders. CoMeta’s scenario suite is on the cutting edge of quantifying the cross-line clash potential of the new social inflation.
- Upload your casualty portfolio using CoMeta’s newly designed portfolio interface
- Review economy-wide, portfolio-level, and policy-level loss estimates under a wide range of emerging risk scenarios impacting both GL and D&O lines of business
- Explore sensitivity of loss estimates to alternative scenario parameterizations
Ready to get a handle on your exposure to emerging risk? Contact us today!
Learn how the Scenarios platform can help make reporting on Lloyd’s liability scenarios easy.
You can also learn how Praedicat helps the market respond to the latest “Dear CRO” letter and translate the PRA insights into appropriate business actions.
Additional Press Coverage
Reinsurance News –Praedicat Launches Lloyd’s-Focused Liability Analysis Platform
Intelligent Insurer – Praedicat helps Clients Navigate Risk Exposures with new Scenario Analysis Platform
Insurance ERM – Praedicat Launches Lloyd’s Focused Liability Analysis Platform
Insurance Today – Praedicat Launches Platform to Analyze Emerging Risks
Sign up to learn more about Praedicat’s Emerging Risk framework here.
Missed our webinars about emerging risks and COVID-19? Catch up by watching our Lloyd’s Lab Demo Day video where we discuss our D&O-GL cross-line clash COVID-19 scenarios. Then watch the first Carrier Management ExecTalk video featuring Praedicat, the Praedicat-Intelligent Insurer webinar on the future of risk management, and the Coffee with Bob series now!
Have questions? Get in touch with one of our Account Management team members.