You are not really insured

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Halbe-sure Insurance, Inc.

• You are not really insured
• If you are not Halbe-sured

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WELCOME EMPLOYEES!!

• Policy Review Board Agenda
• Natural Disaster Coverage for Earthquakes
• Natural Disaster Coverage for Volcanoes
• Employee Status Who holds what position
• local actuaries, regional actuaries, company
  partners
• Employment Status Evaluation Criteria (Rubric)

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Natural Disaster Coverage
You must rate the risk of building near
earthquake or volcano zones.

• Ø Should we offer a customer insurance if they
  decide to build there?
•  Ø Should the company be concerned about the
  amount of seismic (earthquake) or volcanic
  activity on that site?
• Ø Will insuring this customer cost the company a
  lot of money?

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Natural Disaster Coverage
You must report on the risk of
building near these zones.

• Prepare a memo (print out)
• Prepare a powerpoint (print out)
• Participate in a videoconference
• (script required to be completed
• on-site in library)

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Natural Disaster Coverage
You must report must include
the following parts.

• Background
• Location Information
• Recommendation

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Natural Disaster Coverage
What is our Risk?
BACKGROUND

• Provides general information
• Allows us to consider risk factors
• Answers all basic questions
• Gives details

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Natural Disaster Coverage
What is our Risk? LOCAL
INFORMATION

• Provides specific information
• Allows us to consider historic events
• Gives as much detail as possible
• Acts as the basis for recommendation

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Natural Disaster Coverage
What is our Risk?
RECOMMENDATION

• Do we insure?
• Rate the location on a 1 (low risk) to
• 10 (high risk) scale
• Includes supporting data
• Summarizes all research information

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Employee Status Who holds what position?

• Local Actuaries
• New employees who are learning how to do the
  research and analyze risk
• Regional Actuaries
• Skilled employees who can research well and will
  be able to make an analysis
• Company Partners
• Top line employees who can make do the tough
  research and make the difficult calls based on
  other cases.

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• Local Actuaries
• Etna, Italy
• Stromboli, Italy
• Kilauea, Hawaii
• Mt. St. Helens, Washington
• Iceland
• Regional Actuaries
• Avachinsky-Koryaksky, Russia
• Colima, Mexico
• Galeras, Colombia
• Merapi, Indonesia
• Nyiragongo, Democratic Republic of the Congo
• Mount Rainier, Washington, USA
• Sakurajima, Japan
• Santamaria/Santiaguito, Guatemala
• Santorini, Greece
• Taal Volcano, Philippines
• Teide, Canary Islands, Spain
• Ulawun, Papua New Guinea

• Local Actuaries
• Sumatra
• Algeria
• Fairbanks, Alaska, USA
• Southern Italy
• Kashmir, India
• Western Turkey (Izmit)
• San Francisco, California, USA
• Regional Actuaries
• Lisbon, Portugal (1755)
• New Madrid, Missouri, USA (1811-1812)
• Assam-Tibet (1950)
• Kamachtka, Russia (1952)
• Tangshan, China (1976)
• Michoacán, Mexico (1985)
• Company Partners
• Mongolia (1905)
• Shaanxi, China (1556)
• Cascadia Earthquake (1700)

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Employment Status Evaluation Criteria (Rubric)

• You should run the
• company!
• 4
• Youre hired!
• 3
• Youre an intern!
• 2
• Youre fired! 
• 1

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Employment Status Evaluation Criteria (Rubric)