SOURCE: Ultimate Risk Solutions, LLC

Ultimate Risk Solutions, LLC

May 02, 2016 09:00 ET

High Tech Tools for Insurers and Reinsurers to Be Examined at Ultimate Risk Solutions Conference

NEW YORK, NY--(Marketwired - May 2, 2016) - Ultimate Risk Solutions (URS), a global analytics and financial risk modeling firm, will bring together leaders from academia and the insurance industry to examine the latest technology available for informed decision making in a conference May 11 in New York City.

"More than ever before, CEOs and senior decision makers at insurers and reinsurers need to get up to speed on technology that will help them fully understand all of the risks they face when allocating resources," said Paul Little, CEO of URS. "Predictive analytics and dynamic financial analysis have come a long way in the last few years. These developments will be the subject of dialogue between experts at the symposium."

Eric Maskin, Nobel Laureate in Economics and Adams University Professor at Harvard, will lead off the all-day conference with a presentation on "Normative vs. Positive Models: Choice Under Uncertainty." Neil Jacobstein, Artificial Intelligence and Robotics Co-Chair at Singularity University and former CEO of Teknowledge Corporation, will lead a discussion about how Artificial Intelligence is being used in credit risk analysis and investment decisions.

A round table on "Emerging Trends in Quantitative Enterprise Risk Management" will feature Sridhar Manyem, Director of Financial Services Rating at Standard & Poor's; Thomas Mount, Vice President, A. M. Best Company; and Elisabetta Russo, Enterprise Risk Management Advisor at the National Association of Insurance Commissioners. A panel of Chief Risk Officers will discuss "The Evolving Role of the Chief Risk Officer in Insurance Decision Making." A session on "Empirical Testing of Economic Scenario Generators" and an Interactive Workshop led by Alex Bushel, Founder and Chairman of URS, will complete the program.

The conference will be held at The Penn Club of New York, 30 West 44th Street. To register, contact Isabella Dumont, 845-825-1494, Isabella@ultirisk.com.

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