OLDWICK, N.J.--(BUSINESS WIRE)--AM Best Rating Services Chief Rating Officer Stefan Holzberger will deliver a keynote address, titled, “Scoring and Assessing Innovation: View from AM Best,” at the 2020 Insurance Innovators USA Conference, taking place March 30-31, 2020, at Nashville Music City Center in Nashville, TN.
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. On March 5, AM Best formally integrated its new criteria procedure, “Scoring and Assessing Innovation,” into its rating process, which outlines how AM Best explicitly will consider an insurance company’s innovation efforts. The criteria procedure is available at http://www.ambest.com/ratings/methodology.asp.
Holzberger will discuss AM Best’s model for assessing and scoring innovation as it relates to an insurers’ financial strength. He will also address the proposed timeline for this criteria release. The session is scheduled for Monday, March 30.
The 2020 Insurance Innovators USA Conference will feature representatives from a broad cross section of the insurance industry who will gather to discuss the latest innovations. The conference will feature more than 80 speakers. To learn more about the event, please view the conference website.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
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