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| [April 16, 2012] |
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Advisen Hires Insurance Industry Veterans to Head New Information & Analytics Unit
NEW YORK --(Business Wire)--
Advisen Ltd., the single source solution for insurance intelligence,
today announced the hiring of Seth Rachlin and John Pagliaccio to lead
Advisen's newly formed Information & Analytics business unit.
Rachlin has over 20 years experience in building and advising insurance,
technology and market analytics companies. As president of the
Information & Analytics unit and an executive vice president of Advisen,
Rachlin will lead the development of new products and services to
address the expanding use of predictive analytics in commercial
insurance underwriting and the increasing need for customized solutions
to best serve client needs.
Previously, Rachlin served as the CEO of Moore Stephens Business
Solutions where he supplied Business Intelligence solutions and led the
development of the Insurance Analytic Framework (IAF), that firm's
flagship analysis product. Rachlin has also held management positions
with TechPar Group where he acted as a strategic advisor to insurance
companies and technology vendors in the analytics space and Connect
Systems, Inc. where he built a large insurance data warehousing business
focused on life and annuity insurance products.
Pagliaccio brings 40 years of experience in insurance, reinsurance, and
enterprise risk management analytics. He will serve as th executive
vice president in the Information & Analytics unit, responsible for
leading the analytics innovation in Advisen's new unit. Pagliaccio was
previously President of Carvill ReAdvisory, an intermediary specializing
in professional liability reinsurance solutions. Prior to that, he was a
Managing Director focusing on analysis of all lines of P&C at Gallagher
Re, Guy Carpenter and RMS. Pagliaccio is an ACAS, ASA, CERA, MAAA, ARM (News - Alert),
and PRM.
"Predictive modeling has transformed the personal lines insurance market
over the last ten years. Over the next ten years, given the convergence
of technology and data assets such as Advisen possesses, we expect to
see a parallel track in commercial lines. To demonstrate our commitment
to what is clearly the next evolutionary stage in commercial insurance,
we attracted two of the market's premier executives in predictive
analytics to lead our team and better serve our customers," said Tom
Ruggieri, CEO of Advisen. "We are confident Seth's and Pags' experience
will advance Advisen's existing business and will help to continue to
build this new business unit for the company."
Advisen Ltd.
The Information & Analytics unit will center on gathering, distilling,
translating and delivering critical information to insurance
professionals. Advisen aggregates data from 16 million global companies
and subsidiaries, integrates unique and proprietary policy transactions,
policy wordings and loss data sets; and generates scores, benchmarks and
comparative analytics. The firm's analytics tools help set and drive
competitive pricing analysis, portfolio and risk benchmarking;
marketing, product and business development; and risk management
strategies.
Advisen generates, integrates, analyses and communicates unbiased,
real-time insights for the global community of commercial insurance
professionals. As a single source solution, Advisen helps the insurance
industry to more productively drive mission critical decisions about
pricing, loss experience, underwriting, marketing, transacting or
purchasing commercial insurance.
Advisen's data, analytics and news services are game-changers for more
than 125,000 professionals. Visit us at www.advisen.com
or contact support@advisen.com
to learn more.

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