In the News (see all >>)

Today’s Crystal Ball

Allianz Global Corporate & Specialty (AGCS) has joined hands with Praedicat to predict with increased accuracy the key catastrophe liability risks ahead. AGCS liability underwriters use Praedicat’s data analysis tools to gain an understanding of the latest trends in scientific discussions.

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Emerging Risk Can Finally be Measured

The article points to the ongoing concern for how the insurance industry continues to manages casualty catastrophe, specifically emerging risks and highlights how Praedicat is transforming product stewardship and risk management with forward looking science-based analytics to identify and quantify emerging risks and opportunities for corporates and casualty (re)insurance.

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Data Collection is Required to Interpret Emerging Risks in an Interconnected World

How can we gain insight into emerging risks? At the Risk and Insurance Management Society (RIMS) Annual Conference & Exhibition in Philadelphia, Robert Reville, CEO of Praedicat, and Anna Pierce, Manager of Environmental Health and Safety and Enterprise Risk Initiatives at GE Oil & Gas, explain how modern businesses can rely on the intelligent use of data and science to gain new perspectives on emerging risks associated with technological innovations.

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Press Releases (see all >>)

AGCS Partners with US InsurTech Praedicat to Identify Next Generation Liability Risks Through Big Data

Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance carrier of Allianz SE, is working with Praedicat, the InsurTech analytics company based in Los Angeles, to better predict the key catastrophe liability risks of the future. By combining Praedicat’s forward-looking predictive modelling approach with AGCS’ underwriting processes and extensive liability risk portfolio analysis, the companies aim to identify the next generation of catastrophe liability risks for business customers far earlier than under current methods.

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Tokio Millennium Re Licenses Praedicat Solutions to Enhance its Analytical Focus to Casualty Underwriting

Praedicat, an InsureTech analytics company based in Los Angeles, California, is pleased to announce today that it has licensed Oortfolio, its casualty catastrophe modeling solution, to Tokio Millennium Re AG (TMR).  The licensing of the Praedicat solution by TMR underscores its commitment to its casualty portfolio and to cutting edge data and modeling as part of its underwriting process.

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Praedicat Releases Oortfolio™, An Unprecedented Liability Catastrophe Modeling Platform — Swiss Re Licenses Oortfolio and Partners with Praedicat to Drive Better Casualty Risk Management

Praedicat, an InsureTech analytics company based in Los Angeles, has released Oortfolio™, its new groundbreaking liability insurance risk modeling platform. Applying cutting-edge data science and modeling, Oortfolio provides an unprecedented emerging risk underwriting and aggregation risk management capability to liability insurance and reinsurance.

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Videos, Presentations & Webinars(see all >>)

Profiles in Risk Interview

Bob Reville, Praedicat’s CEO, is featured on an episode of Profiles in Risk, a weekly podcast hosted by Nick Lamparelli. In this interview, Bob discusses emerging risk, casualty catastrophes and how insurers can use technology to predict the next asbestos.

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Focus on Aggregations, Not Exclusions

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Bob Reville, Praedicat’s CEO, is interviewed by A.M. Best Company, Inc.  In the video interview, he said casualty insurers that reflexively exclude new risks run the risk of making themselves obsolete.  Instead, they should monitor aggregation across risks.

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New Data and Technologies are Tackling Insurance’s Emerging Risk Problem

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Bob Reville, Praedicat’s CEO, is interviewed by Business Reporter. In the video interview, he describes Praedicat’s approach to emerging risk identification using a methodology based on peer-reviewed scientific literature and innovations in big data and data science.

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Whitepapers, Patents & Case Studies (see all >>)

Emerging Risks: Nanotechnology in Food

Allianz Global Corporate & Specialty and Praedicat published the first in a series of reports looking at emerging liability risks. This white paper examines nanotechnology and its applications to the insurance industry, especially to the food and beverage sectors.
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Praedicat Granted a Patent for Determining General Causation from Processing Scientific Articles

Praedicat is proud to announce the award of U.S. Patent No. 9,430,739: Determining General Causation from Processing Scientific Articles. The patent describes an innovative method for processing entire scientific literatures, automatically evaluating their support of causation hypotheses, and estimating the future trajectory of the science. General causation plays an integral role in Praedicat’s casualty risk analytics solutions, CoMeta™ and Oortfolio™, providing important perspective beyond a qualitative article-by-article analysis.

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Emerging Liability Risks: Harnessing Big Data Analytics

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Lloyd’s has published a report that shows how insurers can use big data to carry out more robust liability risk management. The report presents a new approach designed by Praedicat, and helps insurers tackle the four key challenges associated with understanding emerging liability risks: Identification, Contextualization, Projection and Quantification.

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