Part I of a nine-part series that will establish a vision and roadmap for a digital generation of enterprise risk management (ERM) and Insurance.
Sandler will be responsible for expanding the RMS business in cyber, data, underwriting and models solutions by bundling digital risk and underwriting transformation capabilities.
Building a solid framework for managing alternatives can help support insurance companies’ fiduciary responsibilities, ultimately leading to greater confidence in a highly specialized, complex asset class.
The insurer plans to use the Predict application of Valen’s platform to increase visibility and efficiency in risk selection and pricing for its workers’ compensation underwriting teams.
The new solution, based on the vendor’s Arias product family, addresses actuarial departments’ challenges, including process inefficiencies, data management, workflow, reporting, and compliance.
As with all other technological advances, a combination of new technology and government regulation will provide the tools for business to use drones for the benefit of their organizations and customers.
Marcus Ryu affirmed the need for insurers to reinvent themselves along the lines of operational, digital, and data imperatives to expand the industry and address emerging risks.
The former BWT Consulting CEO joins the provider placement life insurance, captive insurance management and alternative risk transfer services at a time of growth.
The government cites ease of use, rapid implementation, and the vendor’s experience in the self-insured market as factors in choosing the system.
The company says it will use learnings from its Asia-focused projects to enhance the platform for the LifeRisk 360 mortality risk scoring initiative.