A.M.BestTV at RIMS: Insurers Focus on Analytics and Big Data

OLDWICK, N.J.--(BUSINESS WIRE)-- In this special A.M.BestTV wrap-up report from day two of the annual Risk & Insurance Management Society Inc.’s (RIMS) conference in New Orleans, LA, attendees center on investments in data and modeling capabilities, which have paid off with better underwriting and a likely smoothing of the traditionally volatile insurance cycle.

Click on http://www.ambest.com/v.asp?v=rims28415 to view the video program. New daily wrap-up reports and interviews from New Orleans will be posted throughout the event at www.ambest.com/rims2015.

Dominic Casserley, chief executive officer at Willis Group Holdings plc, addresses how his company and others are examining risks. “When you look at risks, firms like mine, brokers, analytical firms and carriers are using more analytics to understand and dissect the frequency and severity of some risks,” said Casserley.

Additionally, Daniel Riordan, chief executive officer at Zurich Global Corporate, North America (Zurich), sees the industry really embracing big data. “Zurich is looking at its vast amount of data in totality with the purpose of analyzing how over decades it has transacted business, as well as how to better recognize the value of this data, which will help our customers to enhance their understanding and protect themselves from risks.”

Other people who appear in this episode include:

• Jamie Miller, managing director and head of property at Swiss Re Corporate Solutions Ltd.

Full-length interviews from the event also are available for viewing:

• Thomas Fitzgerald, chief executive officer, U.S. retail operations, Aon Risk Solutions:

  http://www.ambest.com/v.asp?v=fitzgerald415.

• Kevin Kalinich, global practice leader, Aon Risk Solutions: http://www.ambest.com/v.asp?v=kalinich415.
• Rick Miller, property practice leader, U.S. Aon Risk Solutions: http://www.ambest.com/v.asp?v=rmiller415.
• Charles Dangelo, president and chief executive officer at Starr Indemnity & Liability Company: http://www.ambest.com/v.asp?v=dangelo415.
• Jack Kuhn, chief executive officer for Global Insurance at Endurance: http://www.ambest.com/v.asp?v=kuhn415.
• Carolyn Snow, past president at RIMS: http://www.ambest.com/v.asp?v=snow415.
• Jamie Miller, managing director and head of property at Swiss Re Corporate Solutions Ltd: http://www.ambest.com/v.asp?v=miller415.
• Thomas Reagan, cyber risk practice leader at Marsh: http://www.ambest.com/v.asp?v=reagan415.
• Theresa Bourdon, global practice leader, actuarial & analytics at Aon Corporation: http://www.ambest.com/v.asp?v=bourdon415.

Those interested in receiving conference coverage via email can sign up at www.ambest.com/review/GetAMBestTV. Auto-notification of the latest insurance news available on A.M.BestTV will continue every Monday, Wednesday and Friday.

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

A.M. Best Company
Lee McDonald, 908-439-2200, ext. 5561
Group Vice President, Publication and News Services
[email protected]

Source: A.M. Best Company

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