Ty Sagalow assesses the impact of new Oasis Loss Modeling Framework on Product Development Oasis Loss Modeling Framework unveiled a significant development in the modelling of natural catastrophes. With plug-and-play components, it promises to promote the creation of internal models, support reinsurance negotiation and regulatory compliance, and cost reduction. Ty Sagalow, president of Innovation Insurance […]
Oasis Loss Modeling Framework
Reputational Risk: What Companies Need to Know & Need to Do
Brand, or reputational risk, is at the top of concerns among senior management. And with the exponential growth in social media, the risk to a company’s reputation is growing as well. Solving the risk management issues surrounding reputation risk is a lucrative opportunity for the insurance industry. Here Ty Sagalow, president of Innovation Insurance Group discusses the potential impact […]
Cyber Crime in the News: Responses to Cyber Risk
Cybercrime and Cyber Risk are making headlines. Recently, Federal Prosecutors charged a gang of hackers from Russia and the Ukraine with stealing 160 million credit card numbers from more than a dozen companies. Authorities said it’s “the largest hacking scheme in U.S. history.” Some of the same hackers were accused of computer attacks on Citibank, […]
Ty Sagalow Previews New Product Innovation at RIMS 2013
Ty Sagalow joins us from the set of a new series he’ll be hosting on WRIN.tv. A 30 year veteran of the industry and former executive at AIG, Zurich and Towers, Ty has been involved in several of the industry’s major innovations. In his discussion with WRIN.tv Ty discussed: Exepectations for the RIMS Conference What new products […]
Ty Sagalow: The Evolving Process of Innovation Within Insurance Companies
We continue with our 3-part discussion on innovation with Ty Sagalow. Here, Ty discusses the evolving process of innovation within insurance companies, and the use of outsourcing in new product development and marketing. He also shares his prediction on upcoming new products such as reputation insurance, intellectual property (IP) insurance, climate change (E&O) coverage and middle […]