Automatically Receive Policy Impacts After an Event BMS developed the most complete and intelligent response to natural catastrophes in the marketplace. BMS Storm Reporter is an automated email that is sent to clients each day summarizing the number of policies and TIV exposed to large hail or straight line winds from the prior day. These reports are customized to show the lines of business and automatically link to the location listings. In addition, we provide claims rates and exposed ratios that have been developed from our database of historical claims to provide guidance on the number of claims you can expect and overall projected portfolio loss. Example of a BMS iVision Daily Storm Report Email:
Hail Probability (%) 90%+
Hail Size (In.) 1-2 inches
Hail Size (in.) 2+ inches
Max Wind Gusts (mph.) 60+ mph
Line of Business
Risk Count
Risk Count
Risk Count
Risk Count
TIV
TIV
TIV
TIV
Auto
0
$0 90
$620.450
0
$0 1,525
$8,720,100
HO2
0
$0
3
$450,900
0
$0
3
$1,200,540
HO3
0
$0
35 $15,840,300
0
$0 625
$272,900,110
Total
0
$0 128 $16,911,650
0
$0 2,153 $282,800,750
Answers Not Output With our combined weather insights before, during, and after events, BMS helps eliminate surpise catastrophes for you. This allows you to quickly shift your focus on your response plan to manage claims handling expenses, reduce the overall loss severity, and increase your policyholder’s satisfaction.
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