2016 CoreLogic London Market Briefing

The CoreLogic London Market Briefing is a premiere CoreLogic event that brings together insurance professionals for an afternoon of presentations and networking. Join us to hear about the latest innovations from CoreLogic, including "Get the Whole Story™" with specific emphasis on flood risk assessment, European Hail Storm, and a spotlight on hazard risk data and analytics.

We will demonstrate that understanding a property's exact point on the earth is the foundation for effective risk analysis, and will also illustrate how our combination of geo-spatial and granular property data provides accurate location-level risk insight to inform your underwriting and pricing decisions. You will see how our "Complete. Current. Connected.™" data enables you to effectively analyze individual property and portfolio risk.

The CoreLogic London Market Briefing will be held at The America Square Conference Centre, No. 1 America Square, 17 Crosswall, EC3N 2LB on 7 September 2016, from 2:00 pm to 5:00 pm.

The session will begin with presentations, followed by a Q&A session and then networking and a cocktail reception with your peers.

To save your seat, please RSVP by 30 August to: Allison Williams at alwilliams@corelogic.com.

To learn more about CoreLogic, visit www.corelogic.com/insurancesolutions.

14:00

14:10

Welcome & CoreLogic Introduction

Neil Catford, Practice Leader, UK                                    

14:10

14:30

Spotlight: CoreLogic Risk Data, Analytics and Spatial

Dr. Howard Botts, VP, Chief Scientist         

This session will highlighting the various types of risk data that CoreLogic provides across the probabilistic, deterministic and forensic spectrum. 

 

14:30

14:50

Changing   Perceptions of US EQ Risk: RQE 16.1 & UCERF 3

Dr. Mahmoud Khater, Chief Scientist, Catastrophe Modeling

The UCERF 3 rupture model envisions earthquake ruptures that extend from Los Angeles to San Francisco.   Ruptures simultaneously affecting both population centers in the state have impact regulatory bodies (the California Department of Insurance accumulation report does not envision this scenario) as well as risk and disaster planning for insurance and others. This session explores the model outcomes and influence of these events upon the market loss curves.

14:50

15:10

US  Flood: A Granular Model for a High-gradient Peril

Laurel Di Silvestro, Product Manager, Sr

The Core Logic U.S. Inland Flood Model provides a detailed up-to-date risk model for riverine stream and   off-floodplain flash flooding.  With the release of RQE v. 16.1, probabilistic modeling capabilities at all analysis levels with full correlation is now available. The U.S. Inland Flood Model covers the   continental U.S. and has more than 80 data layers covering topography,  land-use, stream coverage and inundation.  The model is delivered with highly-granular 10m resolution elevation data nationwide; however, it was developed to analyze 3m resolution digital elevation or user-defined   elevation data if available to the user.  Allied with parcel level geocoding from CoreLogic PxPointTM, the release of this probabilistic model empowers the industry to appropriately and rationally estimate a high resolution risk to obtain better business outcomes.

15:10

15:30

Evaluating a portfolio flood model: Spotlight Nashville

Tom Larsen, Senior Dir, Product Architect

The private flood insurance market is an emerging risk in the United States since the largest carrier was the government-run National Flood Insurance Program (NFIP). The absence of suitable market loss data introduces new methods to evaluate the suitability of probabilistic model results

15:30

15:50

Break

15:50

16:00

European   Hail Forensics 

Dr.   Ivan Kuhnel, Principal Scientist, Sr.

Fast post event allocation of resources and capital, smoother settling of hail damage claims and   identification of fraudulent requests, these are a few examples of what HailScope, an innovative, high resolution Hail Forensic tool, developed by CoreLogic for Germany, can help with.

16:00

16:20

Climate Cycles and Risk: NAO and European ETC

Dr Ivan Kuhnel, Principal Scientist, Sr.

Persistent weather cycles influence regional climates and thus the regional likelihood of catastrophic events. CoreLogic has developed conditional climate models representing the cycling modes of the North Atlantic Oscillation. This model produces regional severity and frequency insights that can help the insurance underwriter develop an optimal book of business.

16:25

16:45

Italy Flood Risk Score Model

Michel Voronkoff, General Manager, CoreLogic

Flood models/studies in Italy have focused on major river basins (Po, Tiber), however a large proportion of flood losses are generated by surface water (pluvial).  The Insurance Industry as well as the authorities (European Flood Directive 2007/60/EC) need to identify flood exposure and the level of risk with at the highest resolution. CoreLogic is developing a risk scoring model including fluvial and surface water for the whole of Italy at the property level or for entire portfolios.”

16:45

17:00

How to get it (RQE, RiskMeter Online/Commercial Express) and Q&A

Neil Catford, Practice Leader, UK