Press Release - MAY 02, 2019

AM Best Senior Director to Deliver Innovation Criteria-Focused Keynote Address at Celent Roundtable Event


CONTACTS:
 Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com

FOR IMMEDIATE RELEASE

OLDWICK - MAY 02, 2019
AM Best Senior Director, Credit Rating Criteria, Research and Analytics, Stephen A. Irwin will deliver the keynote address, titled, “Innovation and the New AM Best Score,” at a roundtable event hosted by Celent’s insurance practice, on Wed., May 22, 2019, at 9 a.m. (EDT), in New York City, NY.

Irwin will discuss AM Best’s views on the importance of innovation and the rating agency’s plan for evaluating an insurer’s level of innovation and to what extent that evaluation ultimately will impact the measure of an insurer’s financial strength. In particular, the address will highlight key elements of AM Best’s draft innovation criteria procedure, which was released in March 2019. The draft criteria, titled, “Scoring and Assessing Innovation,” is available at http://www.ambest.com/ratings/methodology.asp .

Irwin is responsible for the development, testing and review of AM Best’s credit rating methodology and criteria, as well as promoting consistency in the application of criteria within the rating process. In his 25 years’ experience with AM Best, he has served in a variety of managerial roles, including managing analytic teams that cover U.S. life/health insurers and reinsurers in the United States, Canada and the Caribbean.

The invitation-only event, called, “Celent Roundtable: Optimizing Your Digital Experience,” offers a forum in which insurance industry participants can discuss their company’s efforts and experiences in implementing new technologies. For more information, please view the event overview.

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.