Geographic Information Systems in Insurance

Jul 13
Webinar

Geographic Information Systems in Insurance

Jul 13 2017 - Jul 13 2017

As a CPCU Society member, you can access this webinar.

This webinar is presented by the CPCU Society and the Personal Lines Interest Group.

Geographic Information Systems in Insurance

Thursday, July 13, 2017  2:00 pm Eastern

What it’s about:

The use of Geographic Information Systems (GIS) has become increasingly prevalent in the pricing, product management and underwriting of personal and commercial property insurance. Analysis of an insurer's portfolio with accurate location information can reveal areas of risk or opportunity that are hidden when data is summarized at the territory or ZIP code level.  This session will explore the benefits of GIS analysis for pricing and underwriting, and will discuss specific techniques that insurers can use to achieve more accurate rating and better portfolio management.

At the conclusion of this webinar, the active participant will understand:

  • How insurers can enhance the quality of their data and the risks to which it is exposed through geocoding techniques
  • How to identify areas where property insurers can use spatial layers to understand and manage a portfolio risk
  • How rating territories derived by GIS-based analysis can provide a better match of rate to risk than territories based on traditional methods, such as ZIP code-based rating

 


Cost

Individual Pricing:

CPCU Society members: FREE
Nonmembers: $79

Group Pricing (Unlimited Participants at One Location):

CPCU Society members: FREE
Nonmembers: $189

Non-CPCU Society Members: To purchase this recorded webinar, please contact MemberResources@theinstitutes.org


Continuing Education for CPCUs

CPCUs who attend will be awarded one credit hour towards the CE for CPCUs program. Learn more about Continuing Education for CPCUs here.

 

 

Garrett Bradford

Garrett is a cartographer and GIS analyst with the Property and Casualty practice in Milliman's San Francisco office. He joined the firm in 2010. His expertise includes data visualization, spatial analysis for catastrophe modeling, and the production and management of geographic data for insurance underwriting and rating. 

 

 

 

 

 

 

Cody Webb

Cody Webb is an actuary with the Property and Casualty practice in Milliman's San Francisco office. He joined the firm in 2015. Cody's area of expertise is personal lines homeowners and auto ratemaking, which includes predictive modeling, pricing optimization, new product development, and competitive intelligence. Cody builds a wide array of custom models focusing on a variety of subjects such as pricing catastrophic risk, customer lifetime value analysis, financial forecasting, customer acquisition cost, underwriting expense allocation, and enterprise risk management.

Webinar Additional Information

When will I receive the log in link for the live webinar?

The login link for each live webinar will be sent by email 24 hours prior and again 1 hour prior to the live webinar.

I registered last minute or lost my log in link, can I still join the webinar?

If you are registering for a webinar less than 1 hour before the webinar is scheduled to begin or if you have lost your log in link, please email webinar@cpcusociety.org and staff will respond immediately with the log in link.

How long are CPCU Society webinars?

One hour, on average.

Can I view a recording of the webinar if I missed the live event?

Yes. If you have registered for the live webinar, you will receive the recording by email once the webinar has concluded. You can also watch past recorded webinars in the CPCU Society Knowledge Center.

What webinar platform does the CPCU Society use?

The CPCU Society uses Cisco WebEx for all webinar presentations. Please take a moment to ensure your system's compatibility with Webex using the link below. Test WebEx on your computer: http://www.webex.com/test-meeting.html

How do I report my CE for CPCUs credit?

Webinars count for 1 hour of CE for CPCUs credit. Your credit will be automatically reported with your registration for a live webinar. You can also earn CE for CPCUs credit by viewing recorded webinars though the Knowledge Center. All webinars watched in the Knowledge Center will be automatically reported for 1 credit.

Are CPCU Society webinars approved for state licensure CE?

At this time none of the webinars are approved for CE in any state.

 

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