This webinar will discuss ISO’s new General Liability Size of Risk Rating Supplement, an upcoming optional modification to the standard GL rating which takes risk size -- as measured by exposures -- into account. In contrast to the standard rating, which assumes loss costs are constant for all risk sizes, the refined rating recognizes smaller risks generally have larger loss costs per exposure and larger risks generally have smaller loss costs per exposure. This webinar we will provide an overview of the Supplement as well as updates on its rollout.
Who should watch:
Commercial lines underwriters and actuaries; product managers; risk managers; regulatory compliance personnel
Presentation Date:
Thursday March 18, 2021
Speakers:
Mark Belasco, ACAS, MAAA
Actuarial Consultant, Commercial Liability
ISO
Chun Lam, FCAS, MAAA
Actuarial Associate, Commercial Liability
ISO