What are you most proud of accomplishing in your career?
I’m very proud of creating the first catastrophe modeling company, AIR, and I’m most proud of reimagining and reinventing the catastrophe modeling industry with KCC’s impressive team of experts. It took even more tenacity and vision to build KCC’s accurate and open models and advanced applications for risk management.
What did being named an RGA Leader of Tomorrow mean to you?
The Emmett J. Vaughan Institute of Risk Management and Insurance administers the RMI Program which is housed in the Department of Finance in the Tippie College of Business. The University of Iowa’s Tippie College of Business is AACSB accredited. The Tippie College Undergraduate program is ranked 19th among public institutions in the US by US News & World Report.
Michael Morrissey, President & CEO, International Insurance Society, Inc.
Patrick Schmid, PhD, Economist and VP for The Institutes RiskStream Collaborative
– a blockchain insurance consortium. Oversees all departments: products, operations & technology
Publication of CIMA regulation on digital insurance (in prior discussions referred to as regulation on e-commerce and electronic insurance), expected for several years, has been delayed again because of the need to align it with planned changes to existing microinsurance regulation designed to encourage the establishment of specialist microinsurers. Draft regulation was to be discussed in the first quarter of 2020, but this was delayed due to COVID-19 and there is currently no timeline for its implementation.
Axco’s Global Risk Intelligence and Data (GRID) team monitors emerging risks around the world, particularly those which affect the strategic activities of governments, companies and individuals. Read on for highlights of Axco’s global analysis of significant geopolitical developments, and possible implications for core insurance and risk management markets.