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AM Best Analyst to Discuss Draft Innovation Criteria at Insurtech NYC Event

October 30, 2019

OLDWICK, N.J.--(BUSINESS WIRE)--Oct 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. Visit www.ambest.com for more information.

Copyright © 2019 by A.M. Best Company, Inc.and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191030005556/en/

CONTACT: Christopher Sharkey

Manager, Public Relations

+1 908 439 2200, ext. 5159

christopher.sharkey@ambest.comJim Peavy

Director, Public Relations

+1 908 439 2200, ext. 5644

james.peavy@ambest.com

KEYWORD: NEW JERSEY EUROPE UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: INSURANCE PROFESSIONAL SERVICES

SOURCE: AM Best

Copyright Business Wire 2019.

PUB: 10/30/2019 08:33 AM/DISC: 10/30/2019 08:33 AM

http://www.businesswire.com/news/home/20191030005556/en