The information set forth in this presentation (the “Presentation”), including any written materials provided herewith, is proprietary and shall be maintained in strict confidence. The Presentation (i) is for informational purposes only and is being made at your request to provide the opportunity for you to discuss the information contained herein and ask any questions you may have related thereto, (ii) is intended for authorized recipients only, and (iii) includes confidential, proprietary and trade secret information regarding FutureProof. By accepting this Presentation, each recipient agrees that (i) no portion of this Presentation may be reproduced or distributed in any format without the prior written consent of FutureProof, (ii) it will not copy, reproduce or distribute this Presentation, in whole or in part, to any person or party, and (iii) it is bound by a duty of confidentiality and it will keep confidential all information contained herein (and any information disclosed to it in connection herewith) that is not already public. Each recipient hereof acknowledges and agrees that the contents of this Presentation (i) constitute proprietary and confidential information that the Company and its affiliates derive independent economic value from not being generally known and (ii) are the subject of reasonable efforts to maintain their secrecy. The recipient further agrees that the contents of this Presentation are a trade secret, the disclosure of which is likely to cause substantial and irreparable competitive harm to the Company. Any reproduction or distribution of the Presentation materials, in whole or in part, or the disclosure of its contents, without the prior written consent of the Company, is prohibited. Any Presentation materials shall be returned to the Company or destroyed upon request.
This Presentation supersedes any and all prior presentations or other Company materials distributed by the Company. The information in this Presentation is provided to you as of the date indicated herein, and FutureProof does not intend to (nor does it have any obligation to) update the information after its distribution, even in the event that the information becomes materially inaccurate. No warranty is made as to the completeness or accuracy of the information contained in this Presentation, and the views and opinions set forth herein are subject to change without notice. Although certain information herein has been obtained from third party sources believed to be reliable, FutureProof does not guarantee its accuracy, completeness, reliability, fitness or fairness. Independent verification of such information is advised. Any benchmarks contained herein are for illustrative purposes only, are based on third party information, may be based on certain assumptions, and should not be relied upon for comparison or any other purposes. All data and numerical information herein is approximate, and totals may not add due to rounding. This Presentation does not purport to be complete with respect to any topic addressed, and the views and opinions set forth herein are subject to change without notice. To the maximum extent permitted by law, no representation, warranty or undertaking, express or implied, is made and, to the maximum extent permitted by law, no responsibility or liability is accepted and is expressly disclaimed by FutureProof and its affiliates, and its and their respective advisors or any of our and their respective officers, employees, agents or advisers or any other person for any loss or damage, howsoever arising, that the recipient may suffer as a result of the information or proposals contained within this Presentation, including without limitation the correctness, quality, timeliness, pricing, reliability, performance, adequacy, accuracy, completeness, fitness or fairness or reasonableness of the information contained herein. To the maximum extent permitted by law, no responsibility for any errors or omissions from this presentation whether arising out of negligence or otherwise is accepted. The information in this presentation is intended to be current only as of the date of this Presentation or as indicated herein, and expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in its expectation with regard thereto or any change in events, conditions, or circumstances on which any such statement is based. The recipient should conduct its own inquiries as to the adequacy, accuracy, completeness and reliability of all information.
FutureProof utilizes various tools to quantify potential risk, consider pricing and underwrite opportunities being evaluated for potential selection. Such tools may include FutureProof’s proprietary modeling software, commercially available stochastic insurance modeling platforms, actuarial techniques, market analysis and judgment of the underwriting team. Any reference to modeled, targeted, expected, minimum, maximum, illustrative portfolio returns, modeled return periods, exceedance probabilities or similar language contained in this Presentation is merely an estimated “target” and, therefore, inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those targeted or illustrated. Such modeled or targeted returns or illustrations of potential performance are based on FutureProof’s current belief about results that may be achievable on portfolios that FutureProof intends to pursue, their view on current market conditions, and certain assumptions, including about deployment conditions, pricing, and consumer behavior. While the targeted performance is based on assumptions that FutureProof believes are reasonable, there are many risk factors that could cause FutureProof’s assumptions to prove to be incorrect and the actual performance to be materially different from the current targeted performance. No assurance, representation or warranty is made by any person that any targeted returns will be achieved, and no recipient of this document should rely on such targets. Modeled, targeted, expected, illustrative returns, modeled return periods, exceedance probabilities or similar language are not projections, predictions or guarantees of future performance.
FutureProof reviews its models and application program interface (API) from time to time in light of new data and other information in order to refine its modeling estimates and modify its models and API as such new data and other information. As such, the models and specifications for API reflected in and/or upon which this Presentation has been based, may not be the most current version of FutureProof’s models and/or API at any given date. FutureProof’s views of risk and its models, and specifications for API, could change materially from those utilized in the preparation of this Presentation, and as such, estimates and modeled results, as well as actual performance of any portfolio priced and selected on the basis of such new and refined models and updated or modified API, may differ materially from the estimates and modeled results based on any prior versions of FutureProof’s models and API specifications.
The recipient agrees that, to the maximum extent permitted by law, each of FutureProof and its related parties disclaims all liability to the recipient or to any other person for any expense, cost, loss or damage of any kind incurred by any person arising from or relating to any information included or omitted from this Presentation, whether by reason of such information being inaccurate or incomplete or for any other reason. The recipient should conduct its own inquiries as to the adequacy, accuracy, completeness and reliability of all information.
THE DATA AND METHODOLOGY DESCRIBED IN THIS PRESENTATION ARE PROVIDED “AS IS” WITHOUT WARRANTY OR GUARANTY OF ANY KIND. THE ANALYSES AND ESTIMATES ARE PROVIDED FOR ILLUSTRATIVE PURPOSES ONLY AND RE NOT INTENDED TO PROVIDE, NOR SHOULD THEY BE INTERPRETED AS PROVIDING, ANY FACTS REGARDING, OR ANY GUARANTY OR PREDICTION OR FORECAST OF PERFORMANCE. NO SCIENTIFIC CONSENSUS ON MODELS OR RISK PARAMETERS EXISTS. FUTUREPROOF ACKNOWLEDGES THAT OTHER CREDIBLE, PUBLISHED MODELS AND/OR RISK PARAMETERS, IF USED, COULD PRODUCE MATERIALLY DIFFERENT RESULTS. MODELING INSURED PROPERTY LOSSES RESULTING FROM CATASTROPHE EVENTS IS AN INHERENTLY SUBJECTIVE AND IMPRECISE PROCESS, INVOLVING AN ASSESSMENT OF INFORMATION THAT COMES FROM A NUMBER SOURCES THAT MAY NOT BE COMPLETE OR ACCURATE. NO MODEL OF CATASTROPHIC EVENTS IS, OR COULD BE, AN EXACT REPRESENTATION OF REALITY.
The data and analysis provided by Guy Carpenter herein or in connection herewith are provided “as is”, without warranty of any kind whether express or implied. The analysis is based upon data provided by the Guy Carpenter’s direct client (the “Company”) or obtained from external sources, the accuracy of which has not been independently verified by Guy Carpenter. Neither Guy Carpenter, its affiliates nor their officers, directors, agents, modelers, or subcontractors (collectively, “Providers”) guarantee or warrant the correctness, completeness, currentness, merchantability, or fitness for a particular purpose of such data and analysis to any third party. The data and analysis is intended to be used solely for the purpose of the Company’s internal evaluation. Guy Carpenter provides services for its direct clients and owes no duty of care to any third parties that choose to rely on such information, even if forwarded to such third party by the client with Guy Carpenter’s consent. In the event that Guy Carpenter’s client discloses the data and analysis or any portion thereof to any permissible third party, the client adopts the data and analysis as its own. In no event will any Provider be liable for loss of profits or any other indirect, special, incidental and/or consequential damage of any kind howsoever incurred or designated, arising from any use of the data and analysis provided herein or in connection herewith. Statements or analysis concerning or incorporating tax, accounting or legal matters should be understood to be general observations or applications based solely on our experience as reinsurance brokers and risk consultants and may not be relied upon as tax, accounting or legal advice, which we are not authorized to provide. All such matters should be reviewed with the client's own qualified advisors in these areas. There are many limitations on actuarial analyses, including uncertainty in the estimates and reliance on data. We will provide additional information regarding these limitations upon request. The results in this report are generated with software models provided by a third-party modeler, (“Modeler”). Developing models to estimate losses resulting from catastrophes or other large-scale events is an inherently subjective and imprecise process, involving judgment about a variety of environmental, demographic and regulatory factors. The assumptions and methodologies used by Modeler in creating the models may not constitute the exclusive set of reasonable assumptions and methodologies. The use of alternative assumptions and methodologies could yield materially different results. Also, the output of the models depends on data and inputs supplied by others, and any gaps, inaccuracies, or changes to the inputs can substantially affect the output.
This confidential presentation has been prepared exclusively for informational and discussion purposes only, is not an offer or solicitation, and may not be used or relied upon in connection with any offer or solicitation with respect to FutureProof Technologies, Inc. (“FutureProof” or the “Company”), or any other future investment partnership with the Company. If any offer or solicitation with respect to the Company is made, it shall be solely pursuant to and subject to the terms of the definitive agreements prepared by or on behalf of the Company (the “Investment Documents”) which would contain material information not contained herein and which shall supersede this information in its entirety. Final terms and conditions of any such offer or solicitation may change without notice and could be subject to further discussions and negotiations.
Investment in the Company is speculative, and will involve significant risks, including risks of loss of the entire investment and therefore, should be considered only by investors who can bear the economic risks of such an investment and who can sustain the loss of such investment. Investors should have the financial ability and willingness to accept the risk characteristics of an investment in the Company. Investment Documents will be available in the future to qualified investors upon request. Any decision to invest in the Company should be made after reviewing the definitive Investment Documents, conducting such investigations as the investor deems necessary and consulting the investor’s own investment, legal, accounting, and tax advisors in order to make an independent determination of the suitability and consequences of an investment in the Company.
This Presentation, including any performance data presented herein, is qualified in its entirety by reference to the Investment Documents, and all of the information presented herein is subject to change without notice to you or any other recipient hereof. Some of the information presented herein may constitute “forward-looking information” which may include, among other things, projections, forecasts, predictions and sample or pro-forma calculations. Such forward-looking information and statements are based on numerous assumptions which may not be stated herein, which are inherently uncertain and unpredictable. Actual events may differ from those assumed.
All forward-looking statements included herein are based on information available on the date hereof and none of us or our respective affiliates assumes any duty to update any forward-looking information or statement. Accordingly, there can be no assurance that any estimated returns or projections appearing in this Presentation can be realized, the forward-looking statements will materialize or that actual results will not be materially different than those presented.
Recipients of this Presentation and related materials are not to construe it as investment, legal, or tax advice, and it is not intended to provide the basis for any evaluation of an investment in the Company. Prospective investors should consult with their own legal, investment, tax, accounting, and other advisors to determine the potential benefits, burdens, and risks associated with making an investment in the Company. No representation is made that any Company objectives will or are likely to be achieved or successful, or that the Company or any investment in the Company will make any profit or will not sustain losses.