Company Highlights
RETAIL
2014: 40 stores in Central to South Florida surveyed using SnapCAT®, and secondary modifiers were gathered. Approximately $3,200,000 in annual savings was realized.
2017-18: Asset Values were calculated within SnapRISK® providing time savings and clarification to markets.
2018-22: Self-E-Audit® surveys completed at an additional 200 stores.
REAL ESTATE
2006: Initial annual premium savings of $3,000,000 due to first effort at gathering primary and secondary modifiers for RiskLink v7.0.
2012: RiskLink v11.0 does not differentiate between superior (FM Global) windstorm protection and local code. $5,500,000 annual premium savings.
2015: Further breakdown of malls by building using SnapCAT® reduced AALs for additional premium savings.
2018: Asset Valuation within SnapRISK® with geospatial view of square footage shown as innovation to markets.
2020-22: Asset valuation updated per MVS - most recent version for consistency amount markets.
RESTAURANT
2014: 30 restaurants ($5M TIV or less each) on both coasts of Central to South Florida, and coastal Louisiana and Mississippi were surveyed using SnapCAT®, and primary and secondary modifiers were gathered. Nearly $1,000,000 in annual savings was enjoyed by the client.
2015: 30 additional restaurants were surveyed using SnapCAT®, and an additional $800,000 in premium was saved.
2017-22: Self E-Audit® was used by the client to gather data at 40 locations in 2017, increasing to 150 locations planned in 2021. Technical guidance and review provided by SnapRISK.