April 1st 2020: Praedicat’s Latest Product Release – Company Underwriting in CoMeta
Here at Praedicat, we remain more committed than ever in our efforts to bring our clients great service and value during these unprecedented times. This major product release in CoMeta continues to shine the spotlight on our underwriting clients. We have listened to and implemented your feedback, and proudly announce that the highly anticipated CoMeta “Company Underwriting” product release, featuring “Portfolio Underwriting” capabilities, is here!
This product release features an entirely redesigned underwriting workflow, supporting “portfolio underwriting,” which allows an underwriter to search 40,000 US and global companies, identify emerging risks present in the company’s business, simulate the risk of loss under various insurance structures, and calculate the marginal impact of writing the company on the company’s current portfolio of risks.
The newly streamlined and intuitive interface makes evaluating the impact of your underwriting decisions on portfolio-level aggregations of latent casualty risks easier than ever. This release also supports an “exclusion write-back” strategy to cover more risks and grow premium. With our second major release in as many weeks, we are excited to move forward with our clients.
To summarize, some of the highlights of our “Company Underwriting” product release in CoMeta include:
- Account underwriting: Assess latent casualty risks for 40,000 US and global companies using a newly designed, intuitive account underwriting workflow.
- Portfolio underwriting: Evaluate the impact of your underwriting decisions on portfolio-level aggregations of latent casualty risks.
- Exclusion write-backs: Quantify the impact of excluding specific latent casualty risks as well as covering those risks on a named-peril basis.
- Save your research: Every underwriting decision is precious. Save the results of your underwriting research for later reference and to share with your team.
Want to learn more? Let’s discuss this exciting product release and how Praedicat can help underwriters manage risks for clients.