Category Archives: Analytics

2015 El Niño – Impacts on Hurricane Activity and Climate Links to Reinsurance Loss Activity


2015 El Niño As predicted earlier this year, an El Niño event has been developing in the Equatorial Pacific. By most objective metrics, the event looks to be strong, with all defining atmospheric or oceanic variables showing the characteristic El … Continue reading →

Big Data: Is the Property Sector Making the Most of it?

Binary Codes

Big data refers to computer analysis of data sets too large for the human mind to process. Trends and patterns, which computer algorithms spot, can offer businesses powerful insight allowing them to be more efficient, to better understand their customers … Continue reading →

Focusing Your Wellness Program Using Data Analytics

human capital data

A large Midwest county that employed 1,400 full-time workers struggled with an internally managed health and wellness program. The county wanted to lower the health risks of its employee population and, ultimately, curb its growing medical plan costs. Continue reading →

How “Big Data” Can Help Employers Improve Their Health Outcomes Strategies

big data medical

As plan sponsors take greater ownership of their medical coverage, the appetite to harness available data has never been greater. Here are just a few reasons why employers need to become even more sophisticated as they use the mountain of … Continue reading →

Food and Beverage Risk Managers Now Get a Seat at the Table

seat at the table

Food and beverage companies face a heady mix of issues: Brand reputation Food safety and security Business continuity Cyber liability Talent acquisition and retention at operational and senior levels Benchmarking Risk managers are being challenged to look at all of … Continue reading →

Strong El Niño on the Way?

Probabilistic sea surface temperature forecast from the North American Multi-Model Ensemble, made early May 2015, for the October-November-December 2015 average. Forecast is expressed as percent likelihood for each of three categories: Above normal, below normal, and near normal. Figure from CPC.

The Australian Bureau of Meteorology has predicted a “substantial” El Niño ahead, but about a year ago we also had predictions of a strong El Niño that never arrived. Will it be different this time? Continue reading →

Steve Hearn at RIMS: What it Means to be the Analytical Broker


Two years ago at RIMS, Steve Hearn led the Willis team that announced the company’s ambition to become the analytical  broker. Now Deputy CEO of Willis Group, Hearn returns to RIMS  to talk about the progress made. Continue reading →

Risk Appetite and Tolerance

tightrope walker

Although most insurers operate with a good risk appetite, in most cases, it is not articulated in a way that managers can connect to ERM terminology. Continue reading →

Business Interruption Values – Avoiding Miscommunications and Misunderstandings

business interruption

Accurately measuring and presenting business interruption values is a critical part of an organization’s pre-loss planning process. When faced with a catastrophic event—whether  a natural catastrophe such as a hurricane or earthquake or a human-caused catastrophe such as an act … Continue reading →

How to Introduce Risk Analytics to Your Life Science Company


We are inundated with headlines regarding analytics for business. CFOs and risk managers have been trying to get their bosses to listen for years– Continue reading →