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Are You Dressed for the Underwriting Dance

Are You Dressed for the Underwriting Dance. Dance Card Members of STRIMA. Dance Partner. Steve Wlodarski Executive Underwriter Public Entity Group Allianz Global Corporate and Specialty North America Joined Allianz in 2002 as an Executive Underwriter

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Are You Dressed for the Underwriting Dance

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  1. Are You Dressed for the Underwriting Dance

  2. Dance CardMembers of STRIMA

  3. Dance Partner Steve Wlodarski Executive Underwriter Public Entity Group Allianz Global Corporate and Specialty North America Joined Allianz in 2002 as an Executive Underwriter Risk Management Property Team at CNA for over 5 years. Underwriting of accounts headquartered in the eastern United States. Zurich Insurance until 1997, where he gained experience in underwriting accounts with international exposure. Underwriting experience started in 1990 with Allendale (FM Global) working on HPR accounts for more than 5 years. Insurance career began in 1985 providing loss prevention inspections and reports for Insurance Services Office (ISO) and then Improved Risk Mutual (IRM). Education - Northern Illinois University (GO HUSKIES) with a Bachelor of Science in Finance and has completed several courses toward the CPCU designation. Dance Instructor – Arthur Murray Dance Studios Choreographer – Dancing with the Stars

  4. Accurate Location Schedule – Why is it Important • Rates based on the following… • Construction • Occupancy • Protection • Exposures • Loss History • Catastrophe Modeling

  5. Location Schedule – Information Needed • Description / Occupancy • Street Address • City • State • Zip Code • Building Square Footage

  6. Location Schedule – Information Needed (Continued) • Building Value • Contents Value • Vehicles • Computers • Fine Arts • Total Insured Values

  7. Location Schedule – Information Needed (Concluded) • Building Construction Type (ISO 1 – 6) • Number of Stories • Year Built • Sprinklered or Non-Sprinklered • Flood Zone (If known)

  8. ISO CONSTRUCTION CODES

  9. Various Construction Descriptions

  10. Why Accuracy of Values is IMPORTANT • Premium • Loss Adjustment • Overall Indicator on Reliability of Information provided

  11. Factors Impacting CAT Modeling – EQ, Flood and Named Windstorm • Complete Address including Number, Street Name, City, State and Zip Code • Accurate Values for Building and Contents • All of this Information is obtained from the Location Schedule

  12. Named Windstorm - Construction – Secondary Characteristics

  13. Construction – Secondary Characteristics (Continued)

  14. Construction – Secondary Characteristics (Continued)

  15. Construction – Secondary Characteristics (Continued)

  16. Construction – Secondary Characteristics (Concluded)

  17. Named Windstorm – No Secondary Characteristics

  18. Named Windstorm – Probable Maximum Loss (PML)

  19. Named Windstorm – Event Analysis

  20. Named Windstorm – Including Secondary Characteristics

  21. Named Windstorm – Probable Maximum Loss (PML)

  22. Named Windstorm – Event Analysis including Secondary Characteristics

  23. Earthquake - Secondary Characteristics

  24. Earthquake – Secondary Characteristics (Continued)

  25. Earthquake – Secondary Characteristics (Concluded)

  26. Earthquake – No Secondary Characteristics

  27. Earthquake – Probable Maximum Loss (PML)

  28. Earthquake – Event Analysis

  29. Earthquake – Including Secondary Characteristics

  30. Earthquake – Probable Maximum Loss (PML)

  31. EQ – Event Analysis including Secondary Characteristics

  32. QuizConnect the Logos

  33. Answer“S” for STRIMA S

  34. You Are Now Ready For The Underwriting Dance!

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