Archive for June, 2008

June 19th, 2008

Clashing Conventions: Measuring and Managing Exposure

Posted at 6:30 PM ET

Emil Metropoulos, Senior Vice President

Conventions are fertile ground for risk. With tens of thousands of people in one place, a single act of terror or a natural catastrophe could result in substantial insured losses for workers compensation carriers. But, it has been almost impossible to assign a number to this risk, let alone manage it effectively, since the data and modeling capabilities have not been available until recently. By triangulating among workers compensation, convention and venue databases, the measurement of convention clash risk is becoming a reality.

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