Risk management is apparently a bit more sophisticated than "1000 hrs experience" these days.
Insurance companies allegedly want to see your stabilised app. statistics, and want insight in all areas of your risk management as such. "How many level busts did you have last month, what are you doing about it ?" etc.
They make things quantifiable. Even this is turning into a beancounter's paradise
With an app. like that, the amount of experience in the flt. deck, is looked at as a secondary safety indicator.