2012-2013 Society Partners Program
Society Partners are firms who demonstrate a commitment to the CAS and its mission by making an annual pledge to support CAS activities.
The CAS appreciates the support of its 2012-2013 Partners, who are listed below.
Earnix is a leading provider of pricing and customer value optimization software solutions for insurers and banks. Used by leading financial services companies worldwide, Earnix Optimizer provides an integrated platform that enables insurers to maximize the value of customer relationships and drive significant improvements in profitability, lifting bottom line performance by 1-5% of gross written premium.
The company was founded by insurance executives who sought a practical solution to the limitations of traditional pricing methods used by financial services providers. Joining forces with experts in statistics, econometrics, and optimization technology, they formed Earnix to help insurers improve performance through better customer segmentation, advanced demand analysis, and optimized pricing. Earnix is privately held and funded by prominent venture capital firms.
For more about Earnix insurance pricing and customer value optimization solutions, please visit www.earnix.com.
Ernst & Young's North American Insurance and Actuarial Advisory Services (IAAS) practice includes 175 professional staff throughout the United States, Mexico, Bermuda and Canada. IAAS helps clients address risk, reporting, capital management, merger and acquisition due diligence and integration, retirement income and actuarial department transformation issues, and provides insurance risk management and claims advisory services. Learn more at www.ey.com/us/actuarial.
Ezra Penland Actuarial Recruitment was established by Sally Ezra and Claude Penland, ACAS, MAAA, partners with over 35 years of combined industry experience. With the industry's leading actuarial salary surveys and a rapidly growing actuarial recruiting staff, their goal is to be the top actuarial recruitment firm in the world while serving the long-term needs of clients and actuaries.
Their educated, knowledgeable and highly-trained staff will always exhibit business ethics, integrity, empathy and strong listening skills to help you reach your business goals. Ezra Penland works on both retained and contingent searches at all levels of actuarial analysts, credentialed actuaries and senior roles.
For more information, visit ,www.EzraPenland.com or contact Sally Ezra at sally@EzraPenland.com / Claude Penland at claude@EzraPenland.com, or call (800) 580-3972 to speak with Ezra Penland Actuarial Recruitment.
Milliman provides depth of knowledge, objective analysis, and practical strategies for the evolving property and casualty insurance industry. To succeed in the property and casualty industry today, companies need a clear understanding of political, economic, and demographic trends–coupled with a rigorous analysis of markets, opportunities, and risk. Milliman has played an important role in the evolution of the insurance industry. We have the experience to deliver insight into emerging trends in the context of your specific business dynamics. Supported by expert analysis, we offer focused advice on corporate strategy, risk management, product offerings, distribution, and other key areas.
Our sophisticated software tools reflect the latest advances and support essential risk management and reporting functions, including projections, pricing, reserving, and analysis of capital needs. Our consultants bring knowledge, experience, and an unbiased perspective to each assignment. Combining technical prowess with broad-based business expertise, we develop solutions that are practical and actionable–and customized for your organization's needs.
“It Takes One To Know One…An Actuary Placing Actuaries”
Named a top recruiting firm by Dun & Bradstreet, Pryor has 40 years of insurance (P&C, Health, Life, Pensions & Investments) experience.
Pauline Reimer, ASA, MAAA, has headed the Actuarial Placement Division since 1986, after working as an actuary in insurance and consulting firms. Proudly the CAS's first Platinum Partner, she is also on the Executive Board of ASNY and the Advisory Board of Columbia University's MS in Actuarial Science program.
Quoted in periodicals and television, Pauline handles each step of every actuarial assignment personally – no client is ever relegated to just an Assistant. Her impressive placement records of 99% retention rate and 100% success ratio in retained searches confirm her status as one of the most successful actuarial recruiters worldwide.
Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. With 14,000 associates around the world, we offer solutions in the areas of employee benefits, talent management, rewards, and risk and capital management.
Our focus is on giving you the clarity to make the right decisions and take the right actions. And our approach is grounded in perspective – the kind that comes from our deep experience working on a wide range of issues.
But more important, our perspective begins at eye level – with a clear understanding of your organization, the way you work, your goals and your challenges.
By connecting the big picture and your picture, we help you achieve real-world results.
Gross Consulting is a growing actuarial consulting practice with expertise across a wide range of property-casualty issues including reserving, pricing, capital modeling, reinsurance analysis, catastrophe risk management, predictive modeling, and enterprise risk management. Gross Consulting also has innovative software products for use by practicing actuaries: Cognalysis MultiRate™ is an exciting new predictive modeling tool that easily distills important relationships among variables. It is a valuable tool for actuaries, analysts, and others whose jobs depend on predictive modeling.
Capable of analyzing large datasets, Cognalysis MultiRate utilizes sophisticated technologies, such as automated data grouping and smoothing, Variable Gradient Geospatial Smoothing based on ZIP Code, and more. A variety of tables, charts, and maps are produced during the iteration process and at its completion to assist the user with presentation and understanding of results.
The Cognalysis™ Reserving System is an inexpensive software package to assist the actuary with estimation of loss reserves. It incorporates innovative statistical techniques, reserve ranges, process automation, and insight-provoking graphical output into the traditional loss development framework.
Red Mountain Technologies specializes in reliable automotive data for insurers across the country with AutoCheck's Vehicle History Service. We use the latest technology, to provide our customers insightful and in-depth data to make well informed underwriting and rating decisions about vehicles. The AutoCheck Vehicle History database is the most comprehensive vehicle background check available. This manifests itself clearly in the superior data quality by acquiring data from thousands of sources, including exclusive accident and structural damage data elements that are important for identifying problem vehicles. Along with providing vehicle history data, Red Mountain is able to assist their customers with technical and analytical support when using AutoCheck Vehicle history as a underwriting\pricing solution.
- Westchester Financial Center
11 Martine Avenue
White Plains, NY 10606
Contact: Robyn Taylor
Actuarial Careers, Inc.® is a highly specialized executive recruiting firm exclusively dedicated to the placement and advancement of Chief Actuaries, Fellows, Associates and pre-Associates on a worldwide basis with salaries ranging from $50,000 to $1,000,000.
Our blend of advanced technologies and a unique team approach has made Actuarial Careers, Inc.® the fastest growing recruiting firm exclusively serving the actuarial community. Our dedicated Property & Casualty team is continuously surveying the market for top candidates and exciting new opportunities.
The entire professional staff of Actuarial Careers, Inc.® is committed to providing the finest service in the industry. Our institutional clients include insurance companies, consulting firms, investment banks as well as other sector employers offering traditional and non-traditional employment opportunities for actuaries. Actuarial Careers, Inc.® provides its services on both a contingency and retainer basis.
Moody's Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services and research, including proprietary analyses from Moody's Investors Service, Moody's Analytics integrates and customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO), which reported revenue of $2.7 billion in 2012, employs approximately 6,800 people worldwide and has a presence in 28 countries. Further information is available at www.moodysanalytics.com.
CARFAX has built the most comprehensive vehicle history database ever assembled with over 10 billion records covering virtually all cars, light trucks, and SUVs manufactured in the U.S. since 1981. We provide vehicle data from more than 34,000 data sources, including all state DMVs and many police departments, service facilities, and collision centers.
More than 50 insurance companies have now evaluated the significance of using CARFAX vehicle history data to predict future claim frequency and severity. Of these carriers, dozens are currently using CARFAX data within their daily operations – underwriting, rating, and renewal. CARFAX data allows insurers to take an in-depth look at each vehicle rather than looking at the “average” vehicle in a class according to a symbol. Our clients attract and retain the best customers while mitigating substantial risk, simply by utilizing detailed vehicle history. Currently, 43 states have approved the use of CARFAX vehicle history information for underwriting and/or rating.
More information leads to better decisions so contact us at 800-789-6232 or visit our website to learn more about specific applications for your business and to take advantage of our discounted corporate rates.
Guy Carpenter & Company, LLC is the world's leading risk and reinsurance specialist and a member of Marsh & McLennan Companies. With more than 50 offices worldwide, Guy Carpenter creates and executes integrated risk management and reinsurance solutions that deliver capital value for clients across the globe. Guy Carpenter's MetaRisk® is the industry's most transparent risk and capital decision tool. A truly integrated model, MetaRisk delivers comprehensive underwriting, reserve, catastrophe, credit and investment risk capabilities and enables users to prepare for the rigorous demands of Solvency II and ERM. Visit www.MetaRisk.info.
Since 1971, ISO has been a leading source of information about property/casualty insurance risk. For a broad spectrum of commercial and personal lines of insurance, the company provides statistical, actuarial, underwriting, and claims information; policy language; information about specific locations; fraud-identification tools; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. For more information, visit www.iso.com. ISO is a subsidiary of Verisk Analytics.
LexisNexis® Insurance Solutions has an unmatched combination of unique data, tools, and services. Our solutions allow insurers to uncover unseen information patterns so they can maximize the value of their customer base as well as quickly evaluate and validate the effectiveness of your customer strategies while identifying market opportunities.
LexisNexis insurance analytics customers include a majority of the leading Property and Casualty insurers who utilize our analytics solutions to gain deeper strategic insight to help improve pricing, sales, and marketing decisions. The InsurQuote SM and InsurViewSM data and visualization tools allow carriers to compare their competitive positions while the Optimal Decisions Toolkit allows carriers to identify the rates, sales paths, and marketing actions to best meet financial objectives.
The Firm of Choice for Predictive Modeling
Pinnacle is a pioneer in applying predictive modeling to property and casualty insurance. Our modeling experience is enhanced by our consultants' experience in the property and casualty insurance industry. Best of all, Pinnacle shares our knowledge with you. This process helps you understand your data better, and become a more sophisticated user of data for future analysis and application.
Why Pinnacle Is the Firm of Choice for Predictive Modeling
- Predictive Modeling Experience - We have completed, or are in the process of completing, nearly 100 predictive modeling projects for insurers over the past decade. Our customers include large insurers (4 of the top 10 property and casualty insurance companies) and small insurers. These projects have included pricing, scorecard development, homeowner by-peril rating, credit, alternative vehicle symbol development and redefining rating territories.
- Insurance Industry Experience - Combined our consultants have over 100 years of experience in rate and class plan analysis of personal and commercial lines of insurance. Pinnacle delivers a final plan and has the expertise to assist in the effective implementation of the plan.
- Knowledge Transfer - Pinnacle places a great emphasis on knowledge transfer. This helps our clients to understand the process used to develop the models and gives the client the option of being self-sufficient in the future.
See for yourself why Pinnacle is “The Firm of Choice for Predictive Modeling.”
Sensomatix is the power house for data analysis services for auto insurance companies. Leveraging its Driving DNA® platform, Sensomatix enables insurance companies to offer programs known as Usage Based Insurance (UBI). UBI has become a major evolution in the auto insurance industry; and most of the leading insurance companies in the US are involved in UBI today. Sensomatix has been servicing usage based insurance programs around the world for over 7 years, working with 3 of the top 10 insurance carriers in the US.
From “When and Where” you drive, to “How” you drive - using rich and enhanced telematics data, we can today understand not only where and when a car is being driven, but how safely – accounting for behavioral analysis and driving styles. This information serves as a much more powerful and accurate indicator of risk, which can also generate impact on customer safety and insurance loss alike.
Driving DNA®, the company's state-of-the-art predictive risk analysis platform, synthesizes data from variety of telematics devices, geographic information system, weather and more. Driving DNA identifies unique mathematical signatures that characterize each driver's behavior based on a comprehensive analysis of driving patterns. The platform correlates these signatures with actuarial risk to determine an accurate driving Safety Score. Driving DNA supports a suite of actuarial data products and insurance analytics services, including Safety Scoring ™ – a rating algorithm approved by the US Departments of Insurance (DOI filing) in the many of the states.
You are welcome to visit our website for additional information: www.sensomatix.com