Risk and insurance · Exposure Data (rm.Exposures)
Exposure data and statement of values collection
Request, collect and report exposure values for the annual insurance renewal across every business unit and location.
The problem
Renewal season means chasing dozens or hundreds of locations for property values, payroll and fleet data, then reconciling spreadsheets before the broker deadline. Late or inconsistent values cost twice: underwriters price in the uncertainty, and understated property values can leave you underinsured at claim time.
- Premiums32%Clean, complete values leave underwriters less uncertainty to price in, and you stop paying premium on overstated values.
- Retained losses62%When a facility is underinsured, the shortfall comes out of your pocket when it has a loss. Validated, year-over-year values keep each location insured for what it is worth.
- Cost to manage risk6%In this example, collecting exposure data takes about 860 staff hours a year, roughly $62,000.
Typical split from the Risk Diagnostic’s example: a public agency with a $1.2 billion budget. Take the diagnostic and this chart shows your own numbers.
What it does
Delegated collection
Send requests down your reporting hierarchy, so each location owner updates only their own data.
Validation
Benchmark every value against last year and flag changes before they reach your broker.
Multiple lines
Property, payroll, revenue, fleet and other exposure types in one cycle.
Status at a glance
See which locations have reported, which are late and which values changed.
Broker-ready exports
Produce schedules and statements of values in the format your broker and carriers need.
50+ schedules and questionnaires
Over 50 configurable exposure schedules and risk questionnaires: property, vehicles, payroll, cyber, aviation, marine cargo, business interruption and more.
Reminders and escalations
Automatic reminders, and escalation to the next contact when a location falls behind.
82 currencies
Values entered in local currency and converted with managed exchange rates, across 82 currencies.
Full record and reporting
Every action and message between your team and outside parties is logged, and ad-hoc reports give real-time renewal values, process and performance data.
How it works
- 1Renewal cycle opened
- 2Requests sent to locations
- 3Values submitted and validated
- 4Schedules exported to broker
What to expect
Who uses it
Risk managers and finance teams preparing annual renewals, collecting values from departments, locations and business units.
“Exigis rm.Exposures completely changed our underwriting process by saving us months of data collection and greatly improved data integrity.”Becky Tafoya · New Mexico Association of Counties
Questions
Can we reuse last year's data?
Yes. Each cycle starts from the previous year's values, so contributors confirm or update rather than re-enter.
Can departments and locations report directly?
Yes. Each department or location reports its own values through the same workflow.
Related
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Every policy, binder and endorsement in one register, read in by AI, with renewal dates, documents and approvals attached.
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Learn moreRisk Control
Route, approve and close out loss control surveys and recommendations from internal and external engineers.
Learn moreWhat does risk cost your organization?
The free Risk Diagnostic gives you an approximate total cost of risk and shows where your organization’s time goes, compared with your industry. Then review it with an Exigis analyst at no cost.