getCfg('sitename')?>

Underwriting

• Risk Ratings - more granular and accurate ratings based on natural hazard analytics and real estate data.
• Underwriting Leakage - property (parcel) specific underwriting and pricing determination, combined with reduced costs in other underwriting areas (inspection etc.) mean a reduction in profits leaking out of process
• Increased Revenue from Underwriting Decisions - First American's natural hazard analytics and data layers and geospatial tools provide underwriters the tools to visualize, analyze, and distribute risk, thereby ensuring underwriting decisions with increased revenue potential.

---

Solutions for Underwriting

Product	Benefit
PxPoint Geocoder	Ensures every risk assessment starts with highly accurate and reliable location intelligence.
Property Profile Data	Facilitates the development of policy conditions and pricing by providing key structural and financial data.
Windpool	Identifies the high-risk coastal areas nationwide with mandated "shared-risk" market areas for enhanced pricing and risk management capabilities.
Natural Hazard Databases	Provides comprehensive hazard information from public and proprietary sources that are easily incorporated into a risk assessment. Reported hazards include: flood, earthquake, hail, tornado and sinkholes.
Wildfire, Flood & Storm Surge Analytics	Goes beyond hazard databases to evaluate critical risk elements with advanced and proprietary scientific algorithms to determine an individual property's relative risk exposure.
U.S. Storm Surge and River Flood Model	Combines robust event sets with damage curves and insurance conditions to determine an individual property's financial exposure to storm surge and river flooding.
Risk Concentration	Monitors and manages your portfolio on an on-going basis to avoid unforeseen risk accumulation at underwriting.
Rating Territory	Aligns ratings areas with geographic boundaries to minimize error rates.

---

CATUM

Actuarial

For Rate Making

Utilizing data and analytics in a GeoSpatial Information System environment enables actuaries to understand customer profiles, asset characteristics, and corresponding risk, thereby assuring more accurate policy risk assessment and subsequent rate setting procedures.

• Pricing - model loss history against hazard risk analytics and real estate data, develop accurate policy risk and rate setting models, and improve profitability and competitive position through increased pricing accuracy
• Policy Risk - utilize product offerings to more accurately develop preferred policy risk targets,
• Rating Territories - advanced spatial technologies provide opportunity to create more granular and accurate rating territory boundaries

---

Actuarial Solutions

Product	Benefit
PxPoint Geocoder	Delivers the cornerstone of advanced actuarial analysis, one of the most exact and reliable geocoding technologies available.
Municipality & Township	Defines precise municipality and township boundaries to the identify tax, share-risk market and ratings regulations.
Property Profile Data	Provides key structural and financial data necessary identify claims and damage characteristics and patterns.
Natural Hazard Databases	Provides comprehensive hazard information from public and proprietary sources that are easily incorporated into a risk assessment. Reported hazards include: flood, earthquake, hail, tornado and sinkholes.
Wildfire, Flood & Storm Surge Analytics	Goes beyond hazard databases to evaluate critical risk elements with advanced and proprietary scientific algorithms to determine a individual property's relative risk exposure.

---

Marketing

For Targeting Risks
Utilizing First American's granular data layers with its highly accurate geospatial tools helps insurers identify potential customers and risks, as well as develop new products which can be customized for those customer targets.

• New Opportunities - property (parcel) level data provide for exceedingly accurate targeting of low-risk/high-profitability business
• Adverse Selection - granular data elements aid insurers in avoiding marketing to adverse risks
• New Product Development - granular data and analytics aid insurers' marketing efforts by providing them the tools to understand target audiences and create new products accordingly

---

Solutions for Marketing

Product	Benefit
PxPoint Geocoder	Uses one of the most advanced location assessment technologies available to accurately and consistently target risk.
Parcel & Property Profile Data	Provides the ability to target specific types of property owners, structure profiles and values.
Natural Hazard Databases	Overlays comprehensive hazard data, derived from both public and proprietary sources, to clearly illustrate targeted risks and avoid undesired exposure. Reported hazards include: flood, earthquake, hail, tornado and sinkholes.
Wildfire, Flood and Storm Surge Analytics	Goes beyond hazard databases to accurately target risk by applying advanced and proprietary scientific to critical risk elements.

---

Claims

For Effective Settlements
First American offers natural hazard analytics and data layer solutions that enable claims agents to manage, correlate, predict, model, and analyze catastrophe risks at the property-, policy-, and portfolio-level.

• Pre-Event - Analyze risk at the policy-, property-, and portfolio-level to determine where concentrations of risk reside
• Near Real Time Intelligence - Monitor your portfolio of policies against real and near real time events
• Post-Event - Visualize actual areas of loss concentration, more effectively manage claims, and decrease opportunities for fraud
• Fraud - The use of granular data and analytics along with GIS capabilities reduces fraud by accurately determining where losses have actually occurred.
• Reduction in Claims Costs- This combination of data, analytics, and GIS software also reduces post event claims costs by allowing insurers to see affected properties and deploy claims agents accordingly.

---

Solutions for Claims

Product	Benefit
PxPoint Geocoder	Utilizes advanced technology to pinpoint the location of the impacted property to facilitate property identification, logistics and scheduling.
Parcel & Property Profile Data	Provides the owner of the parcel and value of the structure to verify help verify claims and quantify losses to minimize fraud.
Hazard Impact Tracker	Captures the path and characteristics of the hazard event in near real-time to help estimate damage and manage fraud.

---

Compliance

For Regulatory Compliance
First American has comprehensive premium tax data, that helps ensure accurate pricing, reporting, and territory assignment.

• Premium Tax Jurisdictions - improved granularity provides opportunity to more accurately determine premium tax jurisdictions and windpool eligibility for pricing and reporting purposes
• Rating Territory Assignment - more granular data combined with an automated process means more accurate territory assignments and the elimination of compliance fines
• Reporting - granular analytics and GIS capabilities make the generation of reports easier and more accurate

---

Compliance Solutions

Product	Benefit
PxPoint Geocoding and Spatial Analysis	Utilizes one of the most accurate location assessment technologies available to ensure compliance with tax, rating, and shared-risk regulations.
Municipality and Township	Defines precise municipality and township boundaries.
Premium Tax	Contains the most comprehensive and up-to-date tax database to ensure compliance with local premium tax regulations.
Windpool	Identifies the high-risk coastal areas nationwide that have mandated "shared-risk" market areas.
Rating Territory	Aligns rating territories with geographic boundaries to minimize error rates.

---

Portfolio Mgmt

For Financial Management
First American's hazard and property data when combined with its highly accurate geospatial tools, enable clients to improve their assessment of financial exposure. Clients can analyze Policies in Force to understand aggregation of risks within catastrophe-prone areas, while also managing reinsurance costs and more closely monitoring financial risk.  Brokers can better place their customer's business by pre-screening a portfolio for aggregation and exposure.  Reinsurers can properly price a portfolio by understanding the overall exposure.

• Risk concentration - Determine risk concentration using concentration grids that use 1X1, 2X2, 5X5 and 10X10 mile grid cells
• Financial management - Understand aggregation of risks in catastrophe-prone areas
• Reinsurance/retention administration - helps with reinsurnace determinations and financial risk management

---

Solutions for Portfolio Management

Product	Benefit
PxPoint Geocoding and Spatial Analysis	Utilizes one of the most precise location assessment technology available to support portfolio level risk analyses.
Property Profile Data	Provides the structural and financial data necessary to complete damage curves and financial estimates.
Wildfire, Storm Surge, and Flood Risk Score	Goes beyond hazard databases to evaluate critical risk elements with advanced and proprietary scientific algorithms to determine an individual property's relative risk exposure.
U.S. Storm Surge and River Flood Model	Combines robust event sets with damage curves and financial conditions to calculate expected and probable maximum risk for a specific binder or entire portfolio.
Risk Concentration	Monitors and manages concentrations and accumulations of risk within the portfolio to optimize underwriting and risk transfer.

---

Documents

Data Sheets

---

• Insurance Data
• Regulatory Compliance
• Premium Tax

White Papers

---