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Virtual Viewpoint: CFOs and Predictive Analytics

Can CFOs become champions of analytics projects for insurance carriers?

By Frank Petersmark | Updated on May 13, 2011

“If you think of the finance department more broadly, besides their core fiduciary responsibilities they are very involved in risk management. I’ve noted a lot of companies start up enterprise risk management approaches that reside in the financial area because people think of financial risk first before it spreads to other things.

When I was with Amerisure, we built a big analytics space for the ERM function to be able to help us analyze financial trends and market trends. We just started to scratch the surface of predictive modeling.

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