Why use this integration?

Tiger Risk’s Catastrophe Quotient (TigerCQ), developed by Howden Re, is a software platform designed for risk management and decision support in the insurance and reinsurance sectors. It provides advanced analytics, modeling, and reporting tools to help companies assess and manage their risk exposure more effectively. The platform aims to integrate and streamline various aspects of risk management, including catastrophe modeling, financial analysis, and regulatory compliance. The BriteCore integration specifically retrieves risks scores and evaluates properties against certain risk factors using two models provided by TigerCQ:

• AIR Worldwide: Known for its extensive range of catastrophe models and risk analytics, AIR provides data and modeling services for various perils including hurricanes, earthquakes, floods, and more. TigerCQ integrates AIR’s modeling capabilities to enhance its policy evaluation service, helping users assess potential risks and impacts associated with their insurance policies.
• RMS (Risk Management Solutions): RMS is a leading provider of catastrophe risk modeling and analytics. It offers models and data for assessing a wide range of natural and man-made disasters, including hurricanes, earthquakes, floods, and more. TigerCQ leverages RMS's catastrophe models and data to provide users with detailed quotes and risk assessments for catastrophic events. This integration enhances the platform's ability to evaluate potential losses and manage risks effectively.

Implementing the Integration 

Prerequisites:

• Sign a separate contract with Howden Re and obtain authentication credentials

Integration Setup:

To configure the integration in BriteCore, follow these steps:

1. Go to the vendor integration settings page within BriteCore.
2. Navigate to Settings > Vendor Integrations in BriteCore.
3. Install the Tiger CQ integration:
   1. Select "Install” for Tiger CQ
      1. Configure Installation:
         1. Follow the prompts in the pop-up wizard.
            1. Input CompanyID
            2. Input Cache Validity (30 days recommended)
            3. Configure the data mappings
         2. Select "Finish."
4. Select configure policy type and define the policy types that will utilize the TigerCQ integration.

Using the Integration

Once the integration setup is complete, underwriters and agents can easily request risk scores through TigerCQ

1. For a new quote, during a quote process using the quote wizard
   1. Use the property look up button to explicitly trigger a property look up and have the data returned from all active integrations including Tiger CQ

Or

2. Enable the setting to run integrations automatically for the same result

2.  For an existing quote
   1. Navigate to the line item within a policy to see the score components
   2. Expand the Tiger CQ Scores section to see the scores that are now incorporated into the quote.