OLDWICK, N.J. - (Business Wire) A.M. Best Co. has named Towers Perrin the 2009 E-Fusion Award recipient for its application, “CATography.” The CATography application is a comprehensive catastrophe exposure management system that helps insurers manage their exposure to risk with precision and evaluate how new risks will impact existing portfolios. Insurers like United Fire Group have been able to use the system to implement a catastrophe risk and claims management strategy custom-tailored for its organization.
To watch a video of Towers Perrin’s finalist presentation, visit www.ambest.com/efusion09-3/index.html.
To watch a video of the 2009 E-Fusion Award presentation and re-cap, visit www.ambest.com/efusion09-4/index.html.
The E-Fusion Award is designed to highlight outstanding, resourceful uses of technology as applied to business strategy in the insurance industry. Judges praised Towers Perrin for CATography’s simple yet sophisticated interface, as well as the complex mechanisms employed behind the scenes to give users highly detailed and customizable information.
The 2009 E-Fusion Award judges were:
- Jaimie Pickles, President of Canal Partner LLC
- Patricia Saporito, Director of Insurance Analytics for SAP Labs U.S.
- Kevin Lewin, Chief Technology Officer at Abacus Insurance Brokers
To learn more about E-Fusion 2009 and watch videos of this year’s Webcasts, visit www.ambest.com/efusion.
To submit questions or comments, please call (908) 439-2200, ext. 5561, or e-mail lee.mcdonald@ambest.com.
Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.
Lee McDonald, Group Vice President, Communications
E-Fusion Program Chairman
(908) 439-2200, ext. 5561
efusionaward@ambest.com
