EML/PML Professional Insight

Professional insight to inform Estimated Maximum Loss (EML) and Probable Maximum Loss (PML) for underwriters. This may be an alternative to using declared property values alone if insurers wish to increase market share whilst meeting customers risk appetite. We have specific expertise in terrorism and political violence, CBRNe and Nat Cat risk assessment and mitigation.  

The safety of site personnel and the speed and quality of incident resolution is paramount. Clients can visualise incidents and act quickly and effectively. Including medical emergencies, industrial accidents and terrorism. 

Support field operatives to visualise their environment. Key Features: Gives an overview of operations running simultaneously across different locations. Allows Control Rooms to have enhanced situational awareness. Empowers operators. Sharing information improves outcomes.   

Collation of insurance data through a data analytics hub (including predictive analytics). Value creation by understanding and using data effectively. Reduced loss ratios as a result of better pricing of risk. Brings together large data sets into a meaningful overview to drive innovation and improved profitability.   

Geofencing of vehicles/ heavy plant around complex industrial sites. Proximity collision avoidance. Trigger alerts when entering dangerous zones/sites. Restrict working to safe corridors. Integration of tracking data to a shared situational awareness platform.   

Tamper devices on doors. Cameras in cabs/secure areas. Panic alarms for drivers/passengers. Integration of new and existing technology onto a ‘single view'. Aggregation of multiple data feeds. 

Provide 360 degree, high resolution mapping.  Annotate essential services for speedy response (reduce water damage etc/gas isolation values). Use to improve salvage response, prioritising items of interest and details as to handling of objects. Use to undertake damage assessment without the need to visit the site - increase speed of claims handling.   

Security review for organisations including terrorism preparedness. e-learning/ training/ CPD. e-survey to inform benchmarking against optimal security requirements. Close Protection Officer support for high profile people. Security for high value/high risk sites.