Verisk CEO Lee Shavel Appointed to Federal Advisory Committee on Insurance
Verisk (Nasdaq: VRSK) announced that its president and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI). FACI advises the Federal Insurance Office within the U.S. Department of the Treasury on monitoring the insurance industry. The committee is to 25 members, including industry leaders, regulators, academics, and consumer advocates.
Shavel expressed his commitment to bringing Verisk's perspective to FACI, emphasizing the importance of a healthy insurance market in the face of evolving risks and increasing weather catastrophes. Under his leadership, Verisk has focused on partnering with the global insurance industry to enhance resilience. Shavel has expanded insurance ecosystem partnerships, invested in new datasets and emerging technologies like AI, and promoted industry collaboration.
Verisk (Nasdaq: VRSK) ha annunciato che il suo presidente e CEO, Lee Shavel, è stato nominato membro del Federal Advisory Committee on Insurance (FACI). FACI fornisce consulenza all'Ufficio Federale delle Assicurazioni all'interno del Dipartimento del Tesoro degli Stati Uniti riguardo al monitoraggio dell'industria assicurativa. Il comitato è composto da 25 membri, tra cui leader del settore, regolatori, accademici e sostenitori dei consumatori.
Shavel ha espresso il suo impegno nel portare la prospettiva di Verisk nel FACI, sottolineando l'importanza di un mercato assicurativo sano di fronte ai rischi in evoluzione e all'aumento delle catastrofi meteorologiche. Sotto la sua guida, Verisk si è concentrata sulla collaborazione con l'industria assicurativa globale per migliorare la resilienza. Shavel ha ampliato le partnership nell'ecosistema assicurativo, investito in nuovi set di dati e tecnologie emergenti come l'IA, e promosso la collaborazione nel settore.
Verisk (Nasdaq: VRSK) anunció que su presidente y CEO, Lee Shavel, ha sido nombrado miembro del Federal Advisory Committee on Insurance (FACI). FACI asesora a la Oficina Federal de Seguros dentro del Departamento del Tesoro de los EE. UU. sobre el monitoreo de la industria de seguros. El comité está compuesto por 25 miembros, incluidos líderes de la industria, reguladores, académicos y defensores de los consumidores.
Shavel expresó su compromiso de llevar la perspectiva de Verisk al FACI, enfatizando la importancia de un mercado de seguros saludable frente a los riesgos en evolución y el aumento de las catástrofes meteorológicas. Bajo su liderazgo, Verisk se ha centrado en colaborar con la industria global de seguros para mejorar la resiliencia. Shavel ha ampliado las asociaciones en el ecosistema de seguros, invertido en nuevos conjuntos de datos y tecnologías emergentes como la IA, y promovido la colaboración en la industria.
Verisk (Nasdaq: VRSK)는 대통령이자 CEO인 Lee Shavel이 Federal Advisory Committee on Insurance (FACI) 위원으로 임명되었다고 발표했습니다. FACI는 미국 재무부 내의 연방 보험 사무소에 보험 산업 모니터링에 대한 자문을 제공합니다. 이 위원회는 산업 리더, 규제 기관, 학계, 소비자 옹호자 등을 포함한 25명의 위원으로 구성됩니다.
Shavel은 진화하는 위험과 증가하는 기후 재해에 직면하여 건강한 보험 시장의 중요성을 강조하며 Verisk의 관점을 FACI에 가져오겠다는 의지를 표현했습니다. 그의 리더십 하에 Verisk는 글로벌 보험 산업과의 파트너십을 통해 회복력을 높이는 데 집중했습니다. Shavel은 보험 생태계 파트너십을 확장하고, 새로운 데이터 세트 및 AI와 같은 신기술에 투자하며 산업 협력을 촉진했습니다.
Verisk (Nasdaq: VRSK) a annoncé que son président-directeur général, Lee Shavel, a été nommé membre du Federal Advisory Committee on Insurance (FACI). Le FACI conseille le Bureau fédéral des assurances au sein du Département du Trésor des États-Unis sur la surveillance de l'industrie de l'assurance. Le comité est composé de 25 membres, y compris des leaders de l'industrie, des régulateurs, des universitaires et des défenseurs des consommateurs.
Shavel a exprimé son engagement à apporter la perspective de Verisk au FACI, soulignant l'importance d'un marché de l'assurance sain face à l'évolution des risques et à l'augmentation des catastrophes météorologiques. Sous sa direction, Verisk s'est concentré sur le partenariat avec l'industrie mondiale des assurances pour améliorer la résilience. Shavel a élargi les partenariats dans l'écosystème de l'assurance, investi dans de nouveaux ensembles de données et des technologies émergentes comme l'IA, et a encouragé la collaboration au sein de l'industrie.
Verisk (Nasdaq: VRSK) gab bekannt, dass sein Präsident und CEO, Lee Shavel, in das Federal Advisory Committee on Insurance (FACI) berufen wurde. FACI berät das Federal Insurance Office im US-Finanzministerium in Bezug auf die Überwachung der Versicherungsbranche. Der Ausschuss besteht aus 25 Mitgliedern, darunter Branchenführer, Regulierungsbehörden, Akademiker und Verbrauchervertreter.
Shavel betonte sein Engagement, die Perspektive von Verisk in das FACI einzubringen, und hob die Bedeutung eines gesunden Versicherungsmarktes angesichts sich wandelnder Risiken und zunehmender Wetterkatastrophen hervor. Unter seiner Führung hat sich Verisk darauf konzentriert, mit der globalen Versicherungsindustrie zusammenzuarbeiten, um die Resilienz zu stärken. Shavel hat Partnerschaften im Versicherungsökosystem ausgebaut, in neue Datensätze und aufkommende Technologien wie KI investiert und die Zusammenarbeit in der Branche gefördert.
- CEO Lee Shavel appointed to influential Federal Advisory Committee on Insurance
- Appointment may enhance Verisk's influence in the insurance industry
- Company's focus on partnering with global insurance industry to build resilience
- Expansion of insurance ecosystem partnerships
- Investment in new datasets and emerging technologies like AI
- None.
JERSEY CITY, N.J., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that its president and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI).
FACI provides advice and recommendations to assist the Federal Insurance Office (FIO) within the U.S. Department of the Treasury in carrying out its duties and authorities in monitoring the insurance industry. The committee is limited to 25 members and includes insurance industry leaders, state insurance regulators, academics and consumer advocates.
“It’s a privilege to be appointed to such a critical committee at a pivotal time for the insurance industry. As the risk landscape evolves and weather catastrophes become more devastating and costly, having a healthy and sustainable insurance market to help absorb that risk is imperative,” Shavel said. “At Verisk, we’re fortunate to sit at the center of the insurance ecosystem, and I’m looking forward to bringing that perspective to FACI as I work with fellow members to help enhance the industry and protect consumers.”
Shavel leads Verisk’s client-centered strategy, focused on partnering with the global insurance industry to build greater resilience for individuals, businesses and communities. During his tenure, he has renewed the company’s focus on serving the insurance industry by expanding insurance ecosystem partnerships, investing in new datasets and emerging technology such as artificial intelligence, and fostering greater industry collaboration. An industry thought leader, Shavel is a contributing writer to Insurance Journal, where he writes about the top emerging risks the industry should be tracking.
More information on FACI can be found here.
About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.
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