INScope Exposure Management (IEM) provides a facility for insurers to manage their exposure aggregates on a real time basis.

With the use of defined web service calls, insurers can link their policy processing systems directly to their exposure totals as transactions are processed. For example:

• New business applications can be immediately validated against available exposure to provide immediate acceptability feedback.
• Cancellations can immediately update available exposure, maximizing the utilization of exposure limits.
• As renewals are processed, available exposure can be updated to reflect changed coverage due to inflation increases or other amendments, ensuring tight and efficient capacity management.

IEM is multi-dimensional. The application can segregate exposures by type – rating territory, Zip code, county, market segment, policy form or virtually any risk characteristic. Each then can serve as building blocks for establishing the aggregate exposure limits tracked by IEM.

IEM is flexible. Virtually any number of risk characteristics can be utilized in various combinations to establish the units used to track and aggregate exposure and available capacity. Want to track hurricane exposure and forest fire exposure for the same set of risks? IEM can simultaneously track multiple exposures and aggregates.

IEM provides insurers with a facility to update their available exposures as well as to update their aggregate exposures to accommodate any “off line” transactions.