How many dollars of margin are exposed, and over what horizon?

Economic value at risk

across capabilities over the next 24 months, if nothing changes. One capability carries a third of it.1

Capability	Index	Momentum	Value at risk	Half-life

How this number is computed

EVaR = revenue exposure × margin structure × erosion (capability half-life, market erosion)

Every figure on every surface derives from this one shared computation. Full mathematics on the public methodology page.

This quarter's synthesis✓ human-reviewed

The moat is barbelled. Underwriting & Risk Pricing (77) and Reinsurance (74) are compounding on proprietary data and relationships, while Claims Processing (42) and Customer Service (33) erode toward parity.1 4

The strategic question is not whether to defend Claims Processing but whether to defend it at all: its half-life of 14 months prices a rebuild at more than its remaining advantage.2

Where the advantage is durable, and where it is thinning

Which capabilities carry technical exposure?

Capability	AI exposure	Disruption	Momentum

What cascades on failure

Dependency-graph traversal with scored edges.5

Where do people constraints bottleneck capability value?

4 of 10 capabilities not yet mapped

Company discovery has not reached these capabilities yet

Policy Administration, Customer Onboarding, and Customer Service & Retention enter the enrichment queue next. This panel fills only with reviewed data; nothing here is estimated.