Boost risk assessment and loss modeling processes.
OVERVIEW
Leverage comprehensive data on historical loss activity across sectors
Model large loss scenarios to illustrate specialized coverage needs
Offer coverage options with limits that reflect risk prevalence
Features + Benefits
Give data modeling the power to harness the unknown.
Industry-Leading Dataset
Loss Insight contains over 1 million historical loss records covering more than $3 trillion in loss value. Cyber, casualty, directors and officers (D&O), and employment practices liability insurance (EPLI) losses are included within the dataset.
Intuitive Delivery Format
Data records are delivered via FTP format for easy configuration with internal systems and workflows.
Model-Ready Configuration
The database can be searched by geography, company size, company type, sub-industry and coverage type. Intersected time series data is also available for businesses with more than $500,000 in sales.
Risk Visibility
Organizations can maintain a complete picture of loss activity for a sector, regardless of whether claims were filed or not.
Record Validity
Records are sourced from the public domain and are clear of concerns regarding errors and omissions. The database is regularly refreshed and validated.
Analytics Enhancement Potential
Organizations can combine Loss Insight data with their internal records, incorporating dynamic risk analysis options withing their actuarial models.