Today we have the third part of our series on Catastrophe Modeling. Click here for part one and here for part two. “If you challenge conventional wisdom, you will find ways to do things much better than they are currently done.” Bill James (author of Baseball Abstracts and Godfather of “ Moneyball”) In this, my final … Read more
Today we have part two of our our series on Catastrophe Models. You can read part one here. “You stop sending me information, and start getting me some.” Gordon Gekko In this, the second part of our series on CAT models, we will go into the guts of a catastrophe (CAT) model and explain how they … Read more
This article originally appeared on InsNerds.com “The information you have is not the information you want. The information you want is not the information you need. The information you need is not the information you can obtain. The information you can obtain costs more than you want to pay” ― Peter L. Bernstein, Against … Read more
This article originally published on InsNerds. Like many of you, my path into the insurance field was not a contemplated career decision. I didn’t even really know what insurance was when I was in school. For better or worse, I fell into it. And by “fell”, I mean I fell for the ‘hey, everyone needs … Read more