Posts Tagged ‘analytics’



November 13th, 2018

A Math Formula May Offer a Solution to Insurers’ Critical Challenges

Posted at 1:00 AM ET

Guy Carpenter has developed a methodology that applies a mathematical formula to provide insurers and reinsurers with a unified, practical framework for risk pricing and capital allocation.

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November 6th, 2018

Evolving Terror Threats - Innovation Needed to Meet Changing Demands

Posted at 1:00 AM ET

New modes of attack are causing a shift from large terrorist events aimed at property destruction to less sophisticated attacks causing mass casualties and fear. With global commerce, tourism and financial markets impacted, demand is growing for modeling, capacity and protection-gap solutions to increase resiliency against such attacks.

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October 29th, 2018

Life: Emerging Competition and the Need to Remake the Reinsurance Relationship - GC@PCI Commentary

Posted at 9:00 AM ET

rains_david-5-2015-reduced-sizeDavid Rains, Managing Director

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  • Life reinsurance value prop a combination of risk capital, differentiated underwriting knowledge and value-added services
  • Availability of capital and insurers’ success in closing knowledge gap in underwriting reduce need to purchase risk protection
  • Reinsurers can position their InsurTech and advanced technologies to make advisory services a core deliverable

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    October 23rd, 2018

    Data and Analytics Support Innovations in Flood Risk Management - GC@BB Commentary

    Posted at 9:00 AM ET

    cleary_liz_photo21 Elizabeth Cleary, Managing Director

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    • Increased computing power is fueling innovative solutions for flood underwriting
    • Insurers are using technology to communicate a homeowner’s flood risk with mobile apps
    • Guy Carpenter works extensively with most commercial vendor flood models

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    October 15th, 2018

    Real-Time Risk Management and Next-Generation Insurance

    Posted at 1:00 AM ET

    john_drizik_2John Drzik President, Global Risk and Digital at Marsh

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    A confluence of trends is enabling businesses and the insurance industry to move toward a revolutionary new approach: real-time risk management.

    Managing risk in real time offers the potential to both reduce risk and transfer it more effectively. It means businesses can have an up-to-the-minute view of their changing risk exposures—and take actions to mitigate them—and that the insurance industry no longer needs to rely only on historical data to price risk. Continue reading…

    September 26th, 2018

    Recent Thought Leadership from Guy Carpenter - Part II

    Posted at 1:00 AM ET

    Here we present a recap of recent thought leadership from Guy Carpenter.

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    September 25th, 2018

    Recent Thought Leadership From Guy Carpenter - Part I

    Posted at 1:00 AM ET

    Here we present a recap of recent thought leadership from Guy Carpenter.

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    September 13th, 2018

    Managing Catastrophe Model Change

    Posted at 1:00 AM ET

    powers_imelda_71x88Imelda Powers, Senior Cat Management Advisor, Asia Pacific, Global Strategic Advisory

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    Incorporating new hazard and claims insights can improve the estimates derived from catastrophe models. By re-analyzing historical events using the latest scientific methods or refining claims with more granular geographical and line of business breakdowns, we can update models with the latest expertise and data. But model changes that yield large swings in loss estimates for frequent events must be carefully scrutinized to understand assumptions and processes in order to truly support ownership of risk. Continue reading…

    September 11th, 2018

    Data and Analytics Support Innovations in Flood Risk Management - GC@MC Commentary

    Posted at 1:00 AM ET

    cleary_liz_photo21 Elizabeth Cleary, Managing Director

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    • Increased computing power is fueling innovative solutions for flood underwriting
    • Insurers are using technology to communicate a homeowner’s flood risk with mobile apps
    • Guy Carpenter works extensively with most commercial vendor flood models Continue reading…