Presentation is key to making most of insurance models

Management depends on clear information to harness full value, say specialists

broken-road

Risk and capital data used to be the preserve of specialists. Actuaries, risk managers, investment managers, finance and others operated their own models, producing output tailored to their particular line of analysis. Senior management have been a step removed from the analysis, relying on experience and expert judgement for tactical and strategic decision-making. But that approach is no longer viable. Regulation is forcing senior managers to understand the models used in their operations, and