Press release

AM Best Managing Director to Join Panel Discussion on Artificial Intelligence at Saint Joseph’s University InsurTech, Analytics and Data Symposium

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AM Best Managing Director John Andre will participate in a panel
discussion at the InsurTech, Analytics and Data Symposium on Thurs., May
9, 2019, at Saint Joseph’s University in Philadelphia, PA.

The one-day event, hosted by Saint Joseph’s University and Eos Venture
Partners, will focus on the impact of data and emerging technologies on
the insurance industry. Andre will take part in a panel discussion,
titled, “View from the C-Suite: What Will AI Really Mean?” and discuss
the ways artificial intelligence is empowering innovation in the
insurance industry, and how it likely will impact insurers, including a
better leveraging of data, improved customer interactions and a
streamlining of the claims process.

Andre has more than 30 years’ experience with AM Best and is responsible
for a broad array of U.S., Canada, Bermuda and Caribbean-based
property/casualty writers focused on national personal lines and local
and regional coverages, as well as workers compensation, professional
liability, excess and surplus, specialty commercial, captives and title
companies. He also works closely with the AM Best analytical teams based
in Singapore and Hong Kong.

The event begins at 12:30 pm (EDT), and will feature a variety of
sessions focused on the growing alignment between emerging technologies
and insurance, including looks at the insurer-insurtech relationship,
what insurance and technology experts expect going forward and potential
financial impacts to insurers. Andre’s panel discussion is set for 2:45
pm (EDT). For more information about the symposium, please view the event
overview
.

AM Best believes the increased pace of change in society, climate and
technology has made innovation increasingly critical to the long-term
success of all insurers, and in turn, the rating agency recently
released a draft criteria procedure, titled, “Scoring and Assessing
Innovation.” This draft criteria procedure is available at http://www.ambest.com/ratings/methodology.asp.

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.