Data... A Valuable Commodity

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Good data helps you manage and understand your own business, and allows you to create stronger carrier relationships as well as greater access to available capacity. The team at BMS Intermediaries explains in depth what really happens to your program when it is submitted to an insurance company. The presentation discusses the minimum amount of information required for capacity providers to consider and measure risk, and also shows what can be achieved when excellent data is provided. In this new world of alternative capital, with an abundance of industry capacity, how will you maximize your share? Viewers can also expect tools and guidance to get started on or improve your data collection process.

Presenters:

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Daniel Madsen, Sr. VP of Catastrophe Analytics, BMS Intermediaries

Dan Madsen joined BMS Intermediaries, Inc., in November 2011 as Senior Vice President of the Catastrophe Analytics team, where he manages the team’s modeling projects. Dan is located in Minneapolis.

Dan has more than 15 years of industry experience, previously working as a director for Aon Benfield’s catastrophe risk modeling department. He also served at Willis Re for eight years as one of the senior managers in its catastrophe modeling team. Dan’s experience includes personal lines, commercial lines, large account and workers’ compensation portfolios with exposures in Florida, U.S. regional and U.S. nationwide.

Dan earned his B.A. degree in Economics from Minnesota State University – Moorehead.
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David Spiegler, Executive VP and Chief Actuary, BMS Intermediaries

David Spiegler is Executive Vice President & Chief Actuary for BMS Intermediaries, Inc. He is responsible for all analytical services, including actuarial and catastrophe modeling, for both clients and prospects. He has over 32 years of insurance and reinsurance industry experience, including pricing, reserving, risk modeling, underwriting, senior management, consulting, and risk management. He is based in New York City.

Prior to joining BMS in 2005, he was President of DS A.I.R. Consulting, LLC, a firm he founded to provide actuarial, insurance, reinsurance and arbitration consulting services. Before that, Mr Spiegler spent over 15 years at American Re-Insurance Company (now Munich Re America), where he was Senior Vice President & Chief Actuary. He also served as Chief Underwriting Officer for American Re Financial Products, and as the Underwriting Manager of the Western Treaty Region of American Re’s Domestic Insurance Company Operations division. Prior to American Re, Mr. Spiegler gained experience at the Home Insurance Company and the New York Compensation Insurance Rating Board.

Mr Spiegler obtained his Bachelor of Science degree in Mathematics, with honors, from the University at Albany (SUNY). He is a Fellow of the Casualty Actuarial Society, a Fellow of the Conference of Consulting Actuaries, a Chartered Enterprise Risk Analyst, and a Member of the American Academy of Actuaries.

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