Praedicat, Inc. is dedicated to improving the underwriting and management of casualty risk. Praedicat is the World’s First “Liability Cat” Modeling Company. Praedicat is an independent corporation launched in March 2012. Are you interested in joining our team? Click below for more.

Our multidisciplinary team leverages cutting-edge technology to solve problems for clients. Our patent-pending technology delivers information extracted from scientific literatures on emerging risk. We analyze the risk with a structured approach incorporating applied legal reasoning and economics.

21st Century Science-based Risk Analytics

Our analysis is focused to directly inform core business functions of liability insurers and reinsurers. Praedicat is developing a comprehensive system of software products – Litagion® Risk Management – designed to bring 21st Century science-based risk analytics to casualty insurance.

State-of-the-Art Knowledge Engineering Technology

Praedicat was created by the RAND Corporation and Risk Management Solutions, Inc. after the two companies collaborated on research and development to improve the identification and prioritization of emerging risks using state-of-the-art knowledge engineering technology and modeling methods.

TEAM

The Praedicat team is outstanding. Learn more about Praedicat's people and backgrounds and connect with us on LinkedIn.

LEADERSHIP TEAM

Management

Dr. Robert T. Reville

President and Chief Executive Officer

Lisa Gallagher

Chief Financial and Legal Officer

Dr. David Loughran

Chief Economist and Director of Casualty Risk Analytics

Siddharth Chawla

Vice President of Software Engineering

Melissa Boudreau

Vice President of Modeling

Dr. Robert T. Reville is the President and Chief Executive Officer of Praedicat. Until recently, Reville was Senior Economist at the RAND Corporation and a professor at the Pardee RAND Graduate School. At RAND, he conceived and led the liability catastrophe R&D project that provided the foundation for Praedicat. From 2002 to 2008, he was the Director of the RAND Institute for Civil Justice, a research center dedicated to improving public policy related to liability, compensation and insurance. He was also founder and co-director of the RAND Center for Terrorism Risk Management Policy, a policy research center at RAND which published research on terrorism insurance that was influential in congressional debates over the Terrorism Risk Insurance Act. Reville has published extensively on compensation for occupationally disabled workers. He served for two terms on the Board of Scientific Counselors of the National Institute for Occupational Safety and Health, Centers for Disease Control and Prevention. Reville received his Ph.D. in economics from Brown University.

Lisa Gallagher is the Chief Financial and Legal Officer of Praedicat. She was most recently a Senior Director in the Emerging Risk Solutions Group at Risk Management Solutions, Inc. (RMS) where she was involved with the liability catastrophe model development and business development. Prior to that, Gallagher was an Associate at Weil, Gotshal & Manges, LLP, a large New York based law firm, where she was a member of the corporate group, focusing primarily on private equity transactions, mergers and acquisitions, and public company Securities and Exchange Commission reporting and compliance. From 1999 to 2004, Gallagher was a member of RMS’ Risk & Technology Consulting and Enterprise Risk Management groups, initially conducting analyses using RMS' natural catastrophe models, and then contributing to the development and deployment of RMS' risk-adjusted return on capital (RAROC) model and terrorism model. She is admitted to the State Bar of California, received her J.D. from Northwestern University School of Law and M.B.A. in Finance from Kellogg School of Management, and received her A.B. in Economics from Princeton University.

Fred Kipperman is the Vice President for Global Client Development of Praedicat. He is responsible for managing Praedicat's sales operations, strategic partnerships, customer service and client retention. He was most recently the Senior Director of Strategic Relationships at RAND's Law, Business and Regulation unit and Associate Director of the RAND Institute for Civil Justice (ICJ). Kipperman has contributed as an author to several publications in recent years on topics including arbitration, the Medicare Secondary Payor Act and terrorism insurance and compensation. He currently serves on the State Bar of California's Committee on Professional Responsibility and Conduct (COPRAC) and is a member of the State Bar of Texas as well as the Arizona State Bar. Prior to joining RAND in 2003, Kipperman worked in institutional advancement and development at the University of Arizona, University of Medicine and Dentistry of New Jersey and the University of Southern California. He graduated from the University of Arizona with degrees in Business Administration and Entrepreneurship (1991) and Law (1996).

Dr. David Loughran is Chief Economist and Director of Casualty Risk Analytics for Praedicat. Previous to this role, Loughran was Senior Economist at the RAND Corporation, Associate Director of RAND Labor and Population, and Professor of Economics at the Pardee RAND Graduate School. Over his 12 years at RAND, Loughran served as principal investigator for a diverse portfolio of empirically-driven, policy-relevant research in the areas of insurance, labor markets, demography and energy and was a core member of the research and development team that conceptualized and piloted Praedicat’s proprietary liability risk assessment capabilities. Other research conducted by Loughran in the field of insurance includes a study of the effect of no-fault auto insurance on driving behavior, an award-winning study of the determinants of administrative awards for pain and suffering, and an oft-cited study of the relative risks posed by older drivers. Loughran received a RAND President’s Award for his innovative research on the effects of military deployment and combat injury on labor market outcomes and disability compensation and has received awards for best paper in the Journal of Risk and Insurance and Energy Journal. Loughran holds a B.A. in Economics and Political Science from Swarthmore College and a Ph.D. in Economics from the University of Maryland, College Park.

Patric Wiesmann is Chief Revenue Officer for Praedicat. He has more than 25 years of global business leadership experience at enterprise and consumer technology companies. He is responsible for leading Praedicat’s marketing, sales, business development and client success organizations.  Wiesmann most recently served as executive vice president of sales and marketing for Medversant, the market leader in health care provider data analytics serving the health insurance and life sciences segments.  Prior to joining Medversant, he served as Managing Director for DocuSign, the global leader in digital transaction management where he launched the healthcare and life sciences business, which is today one of the fastest growing industries for DocuSign.  From 2002 to 2011, Wiesmann served as co-founder of Black Rock Health Partners, a healthcare development company that partnered with hospitals and providers on various outpatient facilities.  He began his career with American Hospital Supply where he held various sales and sales leadership roles and continued to serve in leadership roles upon the acquisition of American Hospital Supply by Baxter International.  Wiesmann earned a B.A. in Biology and Economics from University of Puget Sound.

Siddharth Chawla is the Vice President of Software Engineering, holding a Master’s degree in Computer Science from Agra University, with over 18 years of experience in Information Technology that spans multiple industry verticals including finance, insurance, telecom, retail banking, healthcare and media/entertainment. He is an Engineering thought leader with experience in delivering highly scalable, large, complex software products. Additionally, he is experienced in scaling, growing and inspiring teams. His core competencies include: multi-tenant SaaS architectures, microservices, event driven architectures using message bus and queuing, big data analytics using Data Warehouse databases including Massively Parallel Processing databases.

Naresh Chebolu is Chief Data Scientist for Praedicat. He has extensive experience developing innovative and disruptive products. At Garmin, Chebolu made key contributions to route optimization algorithms for GPS navigation. He later was an early stage employee at Netezza, where he built the query optimization engine for the world’s first massively parallel data warehouse appliance. Prior to joining Praedicat, Chebolu was Vice President and Quantitative Analyst at Guy Carpenter. At Guy Carpenter, he participated in the development of predictive and optimization techniques. He received his B.S. in Computer Science & Engineering from Jawaharlal Nehru Technology University in Hyderabad, India and his M.S. in Computer Science from Northern Illinois University.

Melissa Boudreau is the Vice President of Modeling at Praedicat. In her 30+ year professional tenure, Ms. Boudreau has built mathematical models and commercial software for quantifying complex and specialized risks, including tropical cyclone and severe convective storms, weather derivative risks, environmental impairment liability, and emerging market risks. Prior to joining Praedicat, Ms. Boudreau was Director of General Insurance Software for Actuarial Resources Corporation, where she led the creation of actuarial and risk management software and related consulting services, assisting insurers in Mexico with understanding their risk profiles and complying with evolving solvency regulations. Previously, Ms. Boudreau was Senior Manager of Advanced Analytics for SAS, assisting insurers with Solvency II compliance. As Senior Consultant with Towers Perrin, Ms. Boudreau led the development of capital models, pioneering many of the techniques commonly used in today’s models. Ms. Boudreau is a Fellow of the Casualty Actuarial Society (FCAS) and holds a Bachelor of Science in Mathematics from Rensselaer Polytechnic Institute.

BOARD

Jacques Dubois Chair

Jacques Dubois retired at the end of 2006 from Swiss Re Group where he had served as a Member of Swiss Re’s Executive Board in Zurich, Switzerland and as Chairman and Chief Executive Officer of Swiss Re America Holding Corporation, the holding company for Swiss Re’s operations in North America.

In addition, Mr. Dubois held other roles at Swiss Re, including Deputy Head of Swiss Re’s Global Life and Health Reinsurance division, and board member of Swiss Re subsidiaries in Canada, the United Kingdom, the Republic of South Africa and Australia. During his last two years at Swiss Re, he served as Global Head of Corporate Development.

For nearly twenty years starting in 1979, Mr. Dubois was one of three partners of Insurance Investment Associates, an investment banking partnership that was focused on the merger and acquisition of insurance companies. In 1988, he and his two partners founded Life Re Corporation for the purpose of acquiring General Reassurance Corporation from General Reinsurance Corporation in a leveraged buyout. Life Re, with Mr. Dubois as President, became a public company listed on the NYSE in 1992 and grew by increasing its traditional reinsurance business and by developing a business that became known as Administrative Reinsurance, or Admin Re. He remained a partner at Insurance Investment Associates until 1998 when he joined Swiss Re upon its acquisition of Life Re. He began his career in 1972 when he joined Philo Smith & Company, a securities firm specializing in insurance company stock research and insurance company M&A.

Since retiring, Mr. Dubois has served as a consultant to financial institutions on matters including acquisitions, litigations, collateralized debt obligations and credit default swaps. He has also been active as a board member of several charitable organizations.

While at Swiss Re, Mr. Dubois served as co-chairman of the Advisory Board of RAND’s Center for Terrorism Risk and Management Policy. He currently is a member of the Advisory Board for RAND’s Center for Global Risk and Security.

Mr. Dubois holds an A.B. in mathematics from the College of the Holy Cross (1970) and an MBA from the Amos Tuck School of Business at Dartmouth College (1972).

Andrew Hoehn

Andrew Hoehn is Senior Vice President for Research and Analysis at the RAND Corporation. He is responsible for all U.S.-based research and analysis, quality assurance, and recruitment and oversight of RAND’s 950 research staff.

Mr. Hoehn previously served as a RAND Vice President and Director of Project AIR FORCE (PAF), where he was responsible for overseeing research and analyses on strategy, force employment, personnel and training, and resource management. He first joined RAND as Director of PAF’s Strategy and Doctrine program. Previously, Mr. Hoehn was the Deputy Assistant Secretary of Defense for Strategy, responsible for developing and implementing U.S. defense strategy, force planning and assessments, and long-range policy planning. Earlier, as Principal Director for Strategy and Director for Requirements in the Office of the Secretary of Defense, he was responsible for policy oversight of resource planning, materiel requirements, and military roles and missions. Prior to joining government, Mr. Hoehn was associate editor of the Marine Corps Gazette.

Mr. Hoehn is professor of policy analysis at the Pardee RAND Graduate School and was adjunct professor of strategic studies at the Johns Hopkins School of Advanced International Studies. He is a member of the Council on Foreign Relations, the board of advisors for the Center for New American Security, and the board of visitors at the University of Pittsburgh Graduate School of Public and International Affairs.

Mr. Hoehn earned a bachelor’s degree in political science from Baldwin-Wallace College and a master’s degree in public and international affairs from the University of Pittsburgh.

Frank V. McMahon

Frank V. McMahon is a founding partner at American Discovery Capital (“ADC”), a middle-market growth equity investment firm based in Los Angeles, California. Prior to forming ADC, Mr. McMahon served as Executive Chairman of DataQuick Information Solutions, a leading property information company, owned by TPG Capital until its successful sale in 2014. He previously served as CEO of First American Information Services (now called CoreLogic) and as Vice Chairman and CFO of The First American Corporation. While at First American, he spearheaded the effort to split the company into two separate publicly traded companies to unlock the value of the data and analytics division, dramatically reduced corporate costs and drove strong organic revenue growth and expanding margins at CoreLogic.

Prior to joining The First American Corporation, he spent 20 years as an investment banker at Merrill Lynch and Lehman Brothers specializing in Financial Institutions. Mr. McMahon holds and MBA from the Fuqua School of Business at Duke University and a BS degree in Economics from Villanova University.

Mr. McMahon currently serves on the Board of Directors of Real Matters Inc., on the advisory board of Lereta, Inc. and is actively involved as a board member of several charitable organizations.

Dr. Robert T. Reville

Dr. Robert T. Reville is the President and Chief Executive Officer of Praedicat. Until recently, Dr. Reville was Senior Economist at the RAND Corporation and a professor at the Pardee RAND Graduate School. At RAND, he conceived and led the liability catastrophe R&D project that provided the foundation for Praedicat.

From 2002-2008, Dr. Reville was the Director of the RAND Institute for Civil Justice, a research center dedicated to improving public policy related to liability, compensation and insurance. He was also founder and co-director of the RAND Center for Terrorism Risk Management Policy, a policy research center at RAND which published research on terrorism insurance that was influential in congressional debates over the Terrorism Risk Insurance Act. He was the director of the RAND Center for Corporate Ethics and Governance. Dr. Reville’s final publication from his tenure at RAND was an edited volume Transparency in the U.S. Civil Justice System, published by Oxford University Press in 2012.

Dr. Reville has published extensively on occupationally disabled workers. His work on wage losses from permanent partial disability was cited and several recommendations adopted in workers’ compensation reform legislation by the California legislature. He served for two terms on the Board of Scientific Counselors of the National Institute for Occupational Safety and Health, Centers for Disease Control and Prevention. Dr. Reville received his Ph.D. in economics from Brown University.

Hemant Shah

Hemant Shah is President and Chief Executive Officer of Risk Management Solutions. Since co-founding RMS in 1989 as a spin-out from Stanford University, Mr. Shah helped build RMS from five colleagues working from his apartment to 1,000 professionals providing the world’s leading catastrophe modeling solutions to the global insurance and financial services sector.

He is widely recognized within the global risk industry as a proactive and influential leader, including “100 Most Powerful People in the Insurance Industry” (Insurance Newscast, 2011, and 6 years running); “Most Influential Person of the Year” (Reactions Global Awards, 2011); “Top 40 Most Influential” (Global Reinsurance, 2008), one of “35 Rising Stars” (Business Insurance, 2002), and a “Leader of the Future” (Global Reinsurance, 2000).

Mr. Shah serves on the Board of Overseers of St. John’s School of Risk Management and Actuarial Science (College of Insurance), is a Director of the RAND Center for the Study of Terrorism Risk Management Policy, a Director on the Board of RAND’s Institute for Civil Justice, and a Director of the Singapore-based Institute for Defense and Strategic Studies. He is also a Henry Crown Fellow of the Aspen Institute, and part of the Aspen Global Leadership Network.