Bob Reville

I am Co-Founder, President and Chief Executive Officer of Praedicat. But the more interesting question is, to quote David Byrne, "How did I get here?" Over my career, I acquired enough knowledge of the arcane worlds of both liability risk and catastrophe ("cat") modeling to realize that combining the two would be a great idea, and Praedicat is the result. I started with liability risk. After graduate school, I joined the RAND Corporation as a policy researcher, where I dug into the world of California's workers' compensation, which is a crazy microcosm of the larger world of civil liability. My work on the impact of permanently disabling injury at work led to recommendations for system reform that were adopted in major legislation in 2004. I then became the Director of the RAND Institute for Civil Justice and led a research program on mass litigation and tort reform, including a major study delivered to Congress on the impact of asbestos litigation. Through this, I saw the widespread concern among insurers and the scientific community over the risk of the "next asbestos." Meanwhile, I founded and co-directed the RAND Center for Terrorism Risk Management Policy where I received a crash course on cat modeling applied to terrorism risk. Impressed with the risk insights from cat models, the team of co-founders of Praedicat began to think that perhaps the course of asbestos could have been better for the world -- victims, defendants and insurers alike -- if insurers had had access to the science about asbestos risk in the form of cat models. That was how Praedicat was born. Today, Praedicat is the leading latency catastrophe modeling company and insights from our models are changing casualty insurance and reinsurance. I received my Ph.D. in economics from Brown University.

Praedicat Featured in Carrier Management, ExecTalk

Praedicat Featured in Carrier Management, ExecTalk 150 150 Bob Reville

Praedicat Featured in new Carrier Management video series, ExecTalk As part of Carrier Management’s new video series, ExecTalk, Praedicat’s Bob Reville and Adam Grossman give a glimpse of the 9…

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Praedicat Webinar: Risk Management Moving Forward

Praedicat Webinar: Risk Management Moving Forward 150 150 Bob Reville

 Before viewing the webinar, please take a moment to join our mailing list by filling out the short form in the video window. Once you are finished watching the…

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Coffee with Bob: The Pandemic Behind the Pandemic

Coffee with Bob: The Pandemic Behind the Pandemic 1200 462 Bob Reville

Coffee with Bob featuring Dr. Robert Lustig Coffee with Bob: The Pandemic Behind the Pandemic On Tuesday, June 23, 2020 Praedicat hosted a new episode in its webinar series: Coffee…

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Coffee with Bob: Scenarios for Large-Scale COVID-19 Litigation

Coffee with Bob: Scenarios for Large-Scale COVID-19 Litigation 1200 462 Bob Reville

Coffee with Bob: Scenarios for Large-Scale COVID-19 Litigation On Thursday May 14, 2020 Praedicat hosted the first session of its free webinar series: Coffee with Bob. In the inaugural episode,…

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Carrier Management feature – ‘Liability Long Tail Could Get Longer’

Carrier Management feature – ‘Liability Long Tail Could Get Longer’ 700 350 Bob Reville

Could the long tail on liability insurance claims grow from years to generations? In recent years, scientists have been discovering ways in which harms from chemical exposures not only manifest…

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Carrier Management: Are Building Products Making Us Fat?

Carrier Management: Are Building Products Making Us Fat? 700 350 Bob Reville

Executive Summary FIRST ARTICLE OF A SERIES. There’s more scientific evidence that chemical compounds in building materials and plastics can be linked to obesity than that artificial sweeteners can be…

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Should underwriters expect better data from brokers?

Should underwriters expect better data from brokers? 500 226 Bob Reville

In a recent survey of our customers, we were exploring the data used and needed by underwriters, and we asked whether they agreed with a set of statements. To the…

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Climate change litigation and attribution science

Climate change litigation and attribution science 700 350 Bob Reville

Climate change tort litigation has faced significant obstacles to establishing corporate liability for climate change. Cases such as Kivalina v. ExxonMobil, and California v. General Motors Corporation faced significant obstacles based in tort…

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The job of underwriting and the next asbestos

The job of underwriting and the next asbestos 500 244 Bob Reville

We recently did a survey of some of our customers and out of all the answers to the survey, the one that has stuck with me the most was that…

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We’re not a “casualty catastrophe modeler” anymore

We’re not a “casualty catastrophe modeler” anymore 150 150 Bob Reville

Yesterday, Praedicat released a new version of its risk model. It is a breakthrough in many ways and we are excited to make it available to our clients in our…

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BPA is “probably safe.” Time to revise your underwriting strategy?

BPA is “probably safe.” Time to revise your underwriting strategy? 150 150 Bob Reville

The National Toxicology Program (NTP) published a draft report suggesting that bisphenol A (BPA) is probably safe, according to this Newsweek article. The results are based on animal studies with…

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Is Praedicat’s insurtech solution “friend or foe” to insurers?

Is Praedicat’s insurtech solution “friend or foe” to insurers? 150 150 Bob Reville

The IBM Insurtech report “Friend or Foe? Insurtechs and the global insurance industry” describes how insurers are engaging with insurtechs today. Some are displacing the incumbents, but many are collaborating…

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