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Page 1: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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RIMS Benchmark Book…The Live Event!

July 2013 Sponsored by: Co-Produced by:

Page 2: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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About Advisen

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Advisen Ltd. is a privately-owned, independent and unbiased provider of news, data and risk analytics to the commercial insurance industry.

Advisen’s mission is to deliver productivity and insight to insurance professionals. Advisen brings greater success though technology and data, revolutionizing the way the commercial insurance industry functions. Our customers leverage the Advisen platform, adding power to their proprietary ability and bringing value to their clients.

Please locate us on: www.advisen.com

Page 3: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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Many Thanks to Our Sponsor!

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Page 4: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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Many Thanks to Our Co-Producer!

Page 5: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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Today’s Moderator

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Jim Blinn

Executive Vice President and Principal

Advisen Ltd.

Page 6: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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New! With information on:

• 14 Industries + Canada

• 6 Insurance Coverages

• MSCAd Large Loss Cases for each industry

RIMS Benchmark Book

Page 7: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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• Benchmark limits, deductibles/retentions, Total Cost of Risk, and other metrics

– By industry

– By line of business

– Canada

• Major industry events

– Legislation

– Regulation

– Litigation

• Analyze 6 coverages

– Major Insurers

– Limits purchased & Deductibles/Retentions Assumed

RIMS Benchmark Survey™

Page 8: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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Total Cost of Risk

• Premiums • Retained losses • Outside services • RM department costs

Page 9: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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Today’s Panelists

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Wesley Dupont

Executive Vice President & General Counsel

Allied World

Bobby Bowden

Executive Vice President, Marketing & Communications, U.S. Branch Network and Business Development

Allied World

Page 10: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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Today’s Panelists

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Carol Fox

Director of Strategic and Enterprise Risk Practice

RIMS

Danny Holtsclaw

Director of Risk and Insurance

Wildlife Conservation Society

Page 11: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

Cost of Risk vs Operating Ratio

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Page 12: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

Cost of Risk Components by Year

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Page 13: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

Excess Liability Limit vs Price Changes

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Page 14: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

Large Losses

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Page 15: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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Many Thanks to Our Sponsor!

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Page 16: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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Many Thanks to Our Panelists!

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Wesley Dupont, Allied World

Bobby Bowden, Allied World

Carol Fox, RIMS

Danny Holtsclaw, Wildlife Conservation Society

Page 17: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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Upcoming Advisen Webinars

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Visit http://corner.advisen.com/advisen_webinars.html for the 2013 Webinar Schedule

Role of the Risk Manager

Thursday, September 12, 2013 at 11am EDT

https://www1.gotomeeting.com/register/598565753

Quarterly D&O Claims Trends: Q3 - The Live Event!

Thursday, October 17, 2013 at 11am EDT

http://advisen.omnovia.com/register/94871373899291

Page 18: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

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Upcoming Advisen Conferences

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Visit http://corner.advisen.com/advisen_conference.html for the 2013 Webinar Schedule

Thursday, October 24, 8:00 AM EDT

http://events.Signup4.com/AdvisenCyberInsights2013

Wednesday, September 25 in New York City

http://events.Signup4.com/AdvisenMgmtLiability2013

Page 19: RIMS Benchmark Book…The Live Event! · 2013. 7. 19. · RIMS Benchmark Book…The Live Event! July 2013 Co-Produced by: Sponsored by: 2 About Advisen 2 Advisen Ltd. is a privately-owned,

How to reach us: Advisen Ltd.

1430 Broadway

8th Floor

New York, NY 10018

www.advisen.com

Voice: +1.212.897.4800

[email protected]

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