OLDWICK, N.J.–(BUSINESS WIRE)–AM Best will participate in a panel discussion on next-level
developments regarding insurtech’s collaboration with the insurance
industry at InsiderTech New York, which will take place June 13,
2019, at the Convene location in New York City, NY.
Maura McGuigan, associate director, credit rating criteria—research &
analytics, will speak at the Insurance Insider-hosted event on a
panel session, titled, “InsurTech: Phase 2.” The panel discussion will
focus on the relationship between insurtech and innovation. The event
will bring together insurance expertise with leading figures in the
start-up and venture capital investment fields and is timely as
technology is a leading driver in the evolution of insurance companies’
cultures and their ability to meet changing market needs.
Historically, AM Best has indirectly captured innovation through the
various building blocks of its rating process. With the recent release
of a draft criteria, titled, “Scoring and Assessing Innovation,” AM Best
will explicitly consider a company’s innovation efforts within its
business profile building block to determine if the efforts have had a
demonstrable positive or negative impact on its long-term financial
strength.
Following the release of the finalized criteria, AM Best expects that
all rated companies eventually will be scored and assigned a published
innovation score. To learn more about the Insurance Insider
event, please view the event
overview. AM Best is a media sponsor for the event.
AM Best is a trusted source of insurance market insight and data, and
the only global credit rating agency with a unique focus on the
insurance industry. Best’s Credit Ratings are a recognized indicator of
insurer financial strength and creditworthiness. Visit http://www.ambest.com
for more information.
Copyright © 2019 by A.M. Best Company, Inc. and/or its
affiliates. ALL RIGHTS RESERVED.
Contacts
Christopher Sharkey
Manager, Public Relations
+1
908 439 2200, ext. 5159
[email protected]
Jim
Peavy
Director, Public Relations
+1 908 439
2200, ext. 5644
[email protected]
