Press Release - OCTOBER 30, 2019

AM Best Analyst to Discuss Draft Innovation Criteria at Insurtech NYC 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 - OCTOBER 30, 2019
AM Best Senior Financial Analyst Edin Imsirovic will give a presentation on the rating agency’s plans to assess and score innovation among its rated insurers during an InsurtechWeek NYC event on Tuesday, Nov. 19, 2019, at 9:45 a.m. (EST).

In the session, Imsirovic will present AM Best’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. AM Best released a draft innovation criteria procedure in March 2019, and recently refined it to increase further transparency in light of industry feedback, as well as to reflect ongoing internal review and analysis. The draft criteria procedure is available at www.ambest.com/ratings/methodology.asp .

The event is sponsored by Innovation Underwriters, a not-for-profit group that supports new venture development in the insurance industry. It will be held at WorkHouse, 21 West 46th St., New York, NY. Visit www.insurtechweeknyc.org for more details.

AM Best is a global credit rating agency and information provider with an exclusive focus on the insurance industry.