Press Release - MAY 07, 2019

AM Best Director to Join Panel Discussion at InsurTech North


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 07, 2019
AM Best Director of Industry Research and Analytics Sridhar Manyem will participate in a panel discussion at InsurTech North, which will take place at the Beanfield Centre in Toronto, Ontario, on May 23-24, 2019.

The event, hosted by Market Security Analysis & Research Inc., will focus on the impact of innovation and emerging technologies on the insurance industry. Participants from major insurance industry segments, along with technology entrepreneurs and venture capitalists, will discuss the growing alignment between emerging technologies and insurance, including looks at the insurer-insurtech relationship and insurtech investing.

Manyem will take part in a panel discussion, titled, “Barbarians at the Gate,” which will explore the next generation of insurance competition: major technology-driven companies, such as Amazon or Google, which have unmatched consumer reach in other industries and potentially can upend insurance distribution with next-level data analytics. The panel takes place on May 24, at 2:30 pm (EDT). As head of the industry research team, Manyem is responsible for publishing AM Best’s perspectives of topical issues relating to the insurance industry and possible implications to AM Best’s Credit Ratings. To learn more about the InsurTech North event, 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.