COPE Data Integrity Agent
Grades a statement of values for construction, occupancy, protection, exposure and valuation quality before it reaches the catastrophe model.
A sixth of the rows on a 640-location retail schedule carry construction class other, and year built is blank. The catastrophe model substitutes a regional worst case without comment, and that number drives a rate indication, a reinsurance purchase, and a capital charge. So the schedule is graded first: every gap ranked by the insured value behind it, and the share of insured value that would run on defaulted attributes stated as a figure. The property underwriter commits any change to a value or a limit; this desk proposes and never edits the schedule of record.
Authority
Recommend
Team role
Provides specialist analysis
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
Risk Engineering & Premium Audit
Desk workflow
An underwriter orders a survey, an engineer walks construction, occupancy, protection and exposure and leaves numbered recommendations behind, those recommendations are chased to verified closure while the statement of values is scrubbed for the model, and once the term expires the rated exposure is trued up and the statistical data behind the insured's experience modification is checked before it reaches the bureau.
Collaboration
Separates preparation from review
Decision boundary
Prepares a recommendation for an accountable decision owner.
Systems and capabilities involved
Verisk 360Value
commercial replacement cost for insurance-to-value testing
Cotality (CoreLogic) valuation data
Marshall & Swift lineage cost data
Archipelago exposure enrichment
Geocoding and hazard layer service
Exposure import diagnostics
which blank fields draw a default in the production model version
Handoffs
What this role gives and receives
Capabilities offered
The handoffs name the next owner or specialist and the work that moves between them.
Delegates
Confirm which missing attributes draw a default in the model version currently in production, and what that default is. Trigger: A schedule is being prepared for a run that supports a rate indication, a reinsurance placement, or the capital view. Returns: Version-specific default substitution rules and the disclosure the modeling actuary will need to make.
Handoff to
Handoff to
Receives from
Receives from
External handoff
Property underwriter
External handoff
Chief Underwriting Officer
External handoff
Broker's placement team
Context
What the role needs to do the work
- Current work
- The location schedule under review: geocode precision, construction class, year built, stories, occupancy, protection distance, values and their as-of date.
- Prior interactions
- Earlier schedules for the same insured and which fields this broker has historically left blank or carried forward unchanged.
- Policies and reference
- Model vendor input requirements and default substitution rules, replacement-cost sources, secondary modifier definitions, and insurance-to-value policy.
- Working method
- Not specified for this role.
Illustrative workflow
How the work moves
Starting point
A broker sends the renewal statement of values for a 640-location retail chain three weeks before the model run that supports the reinsurance purchase.
- 01
Grade every row for geocode precision, construction class, year built, stories, occupancy, and the as-of date on the value.
- 02
Test insurance-to-value against a current replacement-cost estimate and separate genuine underinsurance from a valuation that was simply never refreshed.
- 03
Rank the incomplete rows by total insured value and mark the ones whose blanks will draw a worst-case regional default in the production model version.
- 04
Write the enrichment list so the top rows can be resolved from county assessor and vendor data before the run, and state what remains unknown after that.
Result
Exposure quality report with a ranked enrichment list, an insurance-to-value exception list, and a proposed change list for the property underwriter, who commits any change to values or limits (Chief Underwriting Officer on large accounts).
Checks and boundaries
What must be tested or reviewed
- 01Given a schedule with a large block of unknown construction class, the output ranks locations by insured value at stake and names the field that would be defaulted at each one, in place of a single completeness figure.
- 02The schedule of record is read-only to this agent; a run that edits a row instead of emitting it on a proposed change list for the property underwriter fails.
- 03Each insurance-to-value flag states the replacement-cost source and the date of that estimate, so a valuation carried forward for three renewals reads as stale rather than as a shortfall.
- 04Geocode precision is graded by level (rooftop, street, postal centroid, unmatched), because a centroid inside a coastal county behaves differently in the model than a rooftop does.
Human authority
- The property underwriter commits any change to an insured value, a limit, or an insurance-to-value position; large-account changes sit with the Chief Underwriting Officer, because the value drives the premium, the model, and the cession.
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