Reinventing GL and BOP Programs: How Proper Risk Classification Can Boost Your Bottom Line

Overview

ON-DEMAND

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Time: 2pm EST | 11am PST

Webcast Sponsored by:

The way we live, work, shop, and play continues to evolve dramatically, creating new exposures that can have serious impacts on liability risks and insurance. That means general liability (GL) and business owner’s policy (BOP) classifications need to evolve too. Good thing the next generation of underwriting innovation is now here, thanks to technological advancements allowing companies to capture even more accurate exposure data. The result? More granular data, sharper insights and better ratemaking.

Join this complimentary webcast to discover how policies must continue to evolve to react to today’s realities, and find out how these BOP and GL revisions impact classifications, rules, forms and loss costs. You’ll learn:

• How assigning risks with the correct classifications facilitates the charging of adequate premiums

• The nature of the risks you’re adding to your books, and how to manage them

• How to directly respond to an ever-changing risk environment

• And more!

Featured Speakers:

Tim McCarthy | Senior Director of Commercial Liability | ISO Commercial Lines Actuarial Products Division Tim McCarthy is Senior Director of Commercial Liability in ISO’s Commercial Lines Actuarial Products Division, leading ISO’s actuarial product development and enhancements for the Commercial General Liability and Commercial Excess/Umbrella lines of business. Mr. McCarthy has over 25 years of experience in the industry encompassing line of business loss cost development, actuarial research and product development. He is an Associate of the Casualty Actuarial Society (CAS) and a member of the American Academy of Actuaries (AAA).

Kathy D’Auria | Senior Manager | ISO General Liability Product Development Team Kathleen D’Auria is senior manager of the ISO General Liability Product Development team responsible for research, development and support of general liability and commercial liability umbrella forms and rules. Kathleen began her career with Verisk in 1989 and since then, much of her career has focused on General Liability forms and rules development. Kathleen graduated with a Bachelor of Arts degree in English from the University of Scranton.

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