The Exposure Concentration Analysis Module allows you to…
Track Portfolio Accumulations
CATStation’s sophisticated mapping tools allow you to accurately depict your concentrations of exposure. Whether viewing an entire portfolio, or the concentration of multi-location policies, CATStation’s mapping tools clearly reveal your accumulations of risk. CATStation allows user-defined ring analysis, distance calculations, and multiple layer options.
Monitor Proximity to Potential Terrorist Targets
In the aftermath of September 11, companies need to know the proximity of individual risks to potential targets of terrorist attack. CATStation allows you to overlay potential terrorist targets from AIR’s comprehensive Landmark Database and calculate the distance to the risks in your book or risks you are currently considering. CATStation also can be used to perform deterministic loss analyses and allows the user to create various attack scenarios by selecting from different weapon types and defining the location of an event in order to estimate potential loss.
Monitor Compliance with User-Defined Accumulation Rules and Underwriting Guidelines
CATStation goes beyond simple mapping and aggregation functionality by providing a mechanism to monitor compliance with underwriting guidelines through rules-based logic. Guidelines can be set to detect unacceptable accumulations of insured risk for property, workers’ compensation and life lines of business. These guidelines are based on various user-defined specifications such as state, county, ZIP Code, within a specified radius of other risks, and within a specified distance of potential terrorist targets.
These guideline checks work in real time, alerting underwriters of violations when considering new policies. Underwriters can make the necessary adjustments immediately, thus reducing the risk to the organization.
Rules can also be applied at the portfolio level to monitor overall accumulations.
Hazard Analysis Module
Loss Analysis Module