In a related article, “From Sinkholes to Tsunamis: Assessing Nonmodeled Risks That Matter to Your Company,” Hanover Insurance Group’s Prateek Chhabra gives a step-by-step guide to identify, assess, quantify and incorporate nonmodeled risks into a carrier’s risk management framework.
The accompanying graphic highlights techniques Chhabra’s proposes for quantification of three types of nonmodeled perils:
Cyber Threats, Climate and Business Interruption Risks Top Insurance Buyers/Sellers Concerns 
Hurricane Wind Speeds Increased by 18MPH Over Past Five Years: Study 
U.S. High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood 
New Hampshire High Court Invalidates GEICO Underinsured Claim Provision 
