Advisen’s Casualty loss data is a proprietary relational database of information about casualty-related events that have or could result in significant financial judgments or loss to corporate entities. Our Casualty data includes litigated cases that are most likely to have been covered by a casualty policy.
Advisen’s Casualty loss data includes more than 75,000 events that have resulted from the following risks:
Services & Operations
Products
Workplace
Business Practices Risks
Transport & Shipping
General Litigation
Advisen’s Casualty data is particularly relevant for analyses involving Umbrella and Excess Liability policies as over half of the cases with non-zero disposition amounts exceed $1 million. Some entries are clash situations, some are catastrophes, and others are simply good examples of big, bad things happening. Most of these cases represent unpredictable clash incidents which can cause significant financial distress to companies and their (re)insurers.
Clash events provide underwriters, actuaries, and data science experts with highly researched, structured, and actionable clash events, which are model-ready. Our library of clash events includes noteworthy cases like Exxon Valdez, Chinese Drywall, Takata Airbags, Volkswagen Exhaust, and Toyota Unintended Acceleration.
Advisen has developed a comprehensive taxonomy that spans numerous types of casualty risks, facilitating a variety of uses for insurance brokers, carriers, and reinsurers, including:
To learn more about how you can better quantify casualty risk using Advisen’s data, request a customized, one-on-one demo today!
