The Art of Insurance Loss Communication
in the digital age: Free Webinar via PAMIC Live
Thursday, May 23, 2019 @ 2:00-3:00pm Eastern
This webinar has been approved for 1 CE credit.
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Presented by: Andrew Siffert, Vice President & Senior Meteorologist, Catastrophe Analytics, BMS Re US
How does today’s insurance industry analysis effectively analyze and communicate the scope of catastrophe events in the modern age of real-time, digital social media? With the magnitude of recent U.S. losses occurring in the smart phone era, social media is changing catastrophe response and analysts are grappling with the benefits and risks of using Facebook, Twitter, and other social media during times of catastrophes. Analysts were bombarded with information from so many sources, mislead by headlines, influenced by fake sound bites, and subjected to thousands of photos and videos, some in real-time, which shaped the perception of the events and their significance. This session discusses a new playbook that can help today’s analyst keep a level head, find the facts, make smart assumptions, and effectively communicate the right message to their management teams to drive the right response to the event for their firm.
About the Speaker
Andrew Siffert is an Vice President and Senior Meteorologist within BMS Re US Catastrophe Analytics team. He works closely with clients to help them manage their weather related risks by adding value through catastrophe response, catastrophe modeling, product development and scientific research and education. He has 17 years of industry experience having worked in the energy and insurance industry focusing his meteorological knowledge on helping companies manage their weather risks. Prior to joining BMS, Andrew worked for FlagstoneRe as a CAT Project Manager / Meteorologist and was responsible for developing LiveCAT products, frontline research, and analytics used in the underwriting process. He has also worked at ACE Group with the development of ACE Global Weather Insurance products and helped pioneer the weather derivatives market and energy trading markets while working at Aquila Energy Corp. Andrew has educational background that spans the sciences with a master’s degree in meteorology from the University of Utah and was member of the 2002 Olympic weather support team.