Exposure is not only buildings and weather

Casualty exposure is measured in limits rather than values, and it concentrates around people and companies as much as places: a financial centre, a large employer, one event touching many policies.

The work is seeing where limits stack up and where one event could trigger many of them.

Limits stack up around people, not only places.

A dense coastal city at night, photographed from orbitPhoto: NASA
Illustrative
USD 280m

of limits inside one event ring, across three classes.

GL, PL and WC on one name

A fire closes a tower in a financial centre. Which policies name the people who work in it?

The property loss is one conversation. The casualty one is wider, written on different days, by different underwriters, in different classes.

A limit is not an address. To see the clash you link the insureds to a place and to each other, then add up the limits that one event could reach.

The landlord

General liability on the building.

The firms inside

Professional liability of each tenant.

Every employer

Workers' compensation for the people on the floors.

One incident, three classes, one total

Add up the towers: stack, centre, clash.

One insured, three limits

Casualty is measured in limits. One employer carries general liability, professional liability and workers' compensation, each written separately. Stacked, they are the real line on that name.

8040705590654065GL 25PL 40WC 15ONE NAME · THREE POLICIESFINANCIAL CENTRE · ONE SKYLINEILLUSTRATIVE EVENT · CLASHILLUSTRATIVE
General liability
25
Professional liability
40
Workers' compensation
15
limits on this name
80USD m
Illustrative

Your share of a large programme, against your appetite.

A casualty programme is a tower of layers. Writing a slice of the primary and a slice of the excess puts two lines on the same insured, and the same event can reach both. Read it layer by layer, then against the share you are willing to hold on one name.

The platform handles multiple lines of business. Casualty schedules map in through ConfigHub, and the Insight module aggregates limits by insured, place and scenario.

Public Ebix material names a dedicated module only for Energy. For casualty, the platform is the same configurable, multi-line one, set up with your own schedules.

3rd excess
USD 100m xs 100m
5%
2nd excess
USD 50m xs 50m
12%
1st excess
USD 25m xs 25m
20%
Primary
USD 25m
30%
The line is the appetite for a single name; the bars are our share by layer. The primary layer sits above it. Illustrative, fictional layers and shares.

Limits are a field on the schedule, and a city is a point on the map.

Every schedule item on the Policy tab carries a Limit Group. Casualty schedules map in through ConfigHub, then the Insight module aggregates limits by insured, place and scenario.
Policy · schedule
ExposureHub Policy tab: a schedule of 1,000 locations with a map of the Massachusetts portfolio
1

ExposureHUB demo environment · Policy tab · demo property schedule

Major financial and commercial centres
LondonNew YorkHong KongSingaporeTokyoFrankfurtZurichSydneyTorontoDubai

Ask the book whose limits are in the room.

The questions a team asks of this book. Move across them to see what in the platform answers each.

What are our total limits for this insured across classes?

Limits aggregated by insured, whichever line they were written on.

Which clients sit in the same building or campus?

Where could one event trigger several of our policies?

What is our largest casualty concentration by city?

Events that reach more than one policy.

How it reaches this class

One incident reaches liability, professional and workers' compensation at once. Each policy is unremarkable alone; together they are the loss.

What you look at on the map

A scenario ring, with limits summed by class inside it.

How the rollout runs: one class first, then the template.

The pattern comes from a fast-growing specialty MGA customer: agree which teams are in scope, hold workshops with each, go live with one class and reuse that template. It now runs seven classes of business. Casualty follows the same road.
One casualty class goes live
  • Policies, limits and insureds loaded and mapped through ConfigHub
  • Insureds linked to their locations
  • Limits aggregated by insured and by city
The template travels
  • Each further casualty team is brought on with the same template
  • Workshops with each team to agree what it needs
Phase 2
Within three months of go-live
  • Clash and concentration scenarios
  • Programme and layer views
  • Exports for carriers and capacity providers
Longer term
Integrity and resilience
  • Casualty beside property and specialty in one cross-class view
  • Third-party model and data feeds
0teams in the fact-finding workshops
~0exposure management stakeholders
0classes live after a staggered go-live

From an Ebix Europe customer story. The three groupings (go-live, three months after, longer term) and the one-class-first approach are the customer's; what sits in each column for casualty shows how a rollout would be scoped.

Modules involved, and the classes beside it.

The same configurable, multi-line platform runs every class. Energy is the one class with a dedicated module.

See Casualty on ExposureHUB.

Book a walk-through built around your casualty schedule and the questions your team asks of it.