Ventiv Technology

expansive, accurate, and eminently usable in demonstrating the characteristics of Mosaic's entire spectrum of exposures—all of which enables underwriters to position Mosaic for the most favorable coverage at the lowest premiums. VALUE, RESULTS, ROI According to Bishop, "Mosaic's global exposure data management project, supported by RiskConsole and the exposures module, has enabled us to sharpen our focus on the core of risk management: the timely identification of all risks and exposures; proper understanding and assessment of them; and the effective response to them by employees at all levels. Moreover, from the insurance risk perspective, we've improved efficiency in data gathering and improved the quality and comprehensiveness of data submitted to underwriters, resulting in lowered premiums and improved coverage for Mosaic." As for goals and results, Mosaic has achieved its key objectives of: » Reducing the amount of time spent on gathering, analyzing and reporting information about Mosaic's risks (especially for operating company personnel who are busy trying to run their businesses) . » Storing property and casualty exposure and risk data in one location. » Expanding the ability to capture detailed data at a site-specific level and learn more about business and risks. » Achieving better accuracy and data integrity. » Simplifying the process for the broker and risk management staff to develop and write the underwriting submission. » Increasing underwriter confidence in the accuracy of the data being provided and their understanding of operations being insured. "In the broadest sense," Bishop said, "this project was conceived and executed in keeping with Mosaic's corporate vision, mission and values. The project embodies the corporate value of excellence and a focus on innovation and operational excellence; by deploying an automated exposures data management system, Mosaic demonstrates its commitment to excellence and innovation in risk management." Chad Levine on 1 312 381 5234 or email chad.levine@aon.com for more information 42% INTERNAL RATE OF RETURN (SOURCE: MOSAIC FINANCE DEPT.) $15,000 $40,500 ANNUALLY: EFFICIENCY GAINS FOR MOSAIC RISK MANAGEMENT TEAM ANNUALLY: EFFICIENCY GAINS FOR FIELD USERS SIX WEEKS TIME ELIMINATED FROM DATA- GATHERING PROCESS (FROM EIGHT TO TWO WEEKS) 90 LOCATIONS NOW PROVIDING DETAILED EXPOSURE DATA (UP FROM 49 BEFORE THE PROJECT) 10.7% REDUCTION IN EXCESS LIABILITY PREMIUM (COMPARED TO OVERALL MARKET RATE REDUCTION OF 3.5 PERCENT) 20% IN DATA ELEMENTS ADDED TO THE EXPOSURE DATABASE INCREASE BY THE NUMBERS QUANTITATIVE RESULTS FROM MOSAIC'S GLOBAL EXPOSURE DATA MANAGEMENT PROJECT

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