Peter Tilocca

Which insurer is right for you? Here are four things to think about when you’re making a decision. https://lnkd.in/gcQSF-jD

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Which insurer is right for you? Here are four things to think about when you’re making a decision. https://lnkd.in/gcQSF-jD

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The volume of lawsuits in the healthcare space has been growing, and as predicted, the tide is rising. While it's encouraging to see sponsors beginning to request their data, there's still much more to be done. Simply asking for data isn't enough – you need to analyze and understand it to make informed decisions and protect your bottom line. This is where SIR analytics comes in. By leveraging trusted data partners like SIR, you can unlock the true power of your data. We help you cut through the noise, identify patterns, and uncover critical insights that allow you to better manage healthcare spending, reduce risk, and stay ahead of potential legal challenges. Don't wait for problems to become bigger. Remove the gag clauses, request your data, and partner with a team that can help you take control of your healthcare spend. **Get proactive. Get ahead of the curve. Contact Self Insured Reporting today.**

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Are you using real-time data that allows more planning rather than being reactive? Matt Wood, General Manager - Policy Services from Allianz shared his experience of heightened performance and transparency within his team after a successful Allianz excellence program implementation. Watch now: https://lnkd.in/g8Ks37Gx #OperationalExcellence #LeadershipInsights

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Building Summit Actuaries and Advisors Starting a new consultancy is about more than just setting up operations. It’s about creating a foundation built on principles that resonate with who we are and what we stand for. At Summit, we’re proud to be a woman-led organisation, driven by heart and committed to a vision where kindness and excellence co-exist, guiding us in every interaction, decision, and outcome. As we solidify our core values and manifesto, one theme consistently stands out: the belief that Summit can achieve its goals with integrity, compassion, and an unwavering commitment to doing things the right way. Our journey so far has been fueled by collaboration, the thinking environment, and a desire to find optimal solutions that have the best outcomes for all stakeholders, all while staying deeply rooted in our commitment to value-driven work. We are building a consultancy that strives for the highest standards, but never loses sight of the importance of empathy — both within our team and with our clients. Here’s to reaching new heights together — with kindness and excellence leading the way. 🌄 #SummitActuaries #Summit #ConsultingWithCare #Actuary #HumanActuary #DataScience #PublicHealth #WomenInLeadership #KindnessAndExcellence

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Hannover Re’s Australasian team was proud to sponsor the Welcome Reception at this year’s New Zealand Society of Actuaries Conference. David Shuvalov, Head of Retail & Structured Solutions, provided an overview of Hannover Re’s insights on the prevalence of document fraud and its impact on fraudulent claims. He shared the journey of implementing Fortiro Protect, an innovative fraud detection technology, into our life insurance claims processes. The software has been specifically tailored for the life insurance sector, enhancing document checks and automating fraud detection. David also discussed plans to expand this capability to include validating Death Certificates, further improving the claims assessment process and supporting our goal of paying only genuine claims. #Fortiro #insuranceinnovation #processimprovements #somewhatdifferent

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New episode of Cheques & Balances, OUT NOW 💥⁠ ⁠ Should You Cancel Life Insurance And Save Instead? Ft. Partners Life Chief Actuary Kate Dron ❤️‍🩹 Join us as we talk with Kate Dron, Chief Actuary at Partners Life, about the risks of canceling life insurance and why it's crucial to keep it for the protection of you and your loved ones. Stream now on Spotify, Apple Podcasts and YouTube 🎙️⁠ ⁠ The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

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We’re making life easier for VBC actuaries. What are the biggest problems for actuaries in the value-based care space today? Our latest blog by Co-Founder, CEO, and actuary Frank Cheung, explores these challenges and how Acumen helps actuaries do their best work: https://bit.ly/44Y7j18

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What it's really like to be an actuary? Our latest feature on Actuaries Digital gives you the inside scoop from six talented professionals. From optimising retirement outcomes to tackling climate change – and  even using driver data to map potholes in Sydney – these actuaries are seeing their work in action. As Micheal Panovski puts it, "One of the most rewarding aspects of my career has been performing services that benefit the wider Australian public. The impact of our work extends far beyond the immediate business context." Now that’s job satisfaction. Thank you to Cynthia Le, Emily Tan, Jay S., Micheal Panovski, Pravin Chanmugam and Ruby Smith for sharing their career paths and experiences and offering insight into the continually evolving nature of actuarial work. Read the full article: https://lnkd.in/grtk3V9M For more interviews, features and analysis, subscribe to Actuaries Digital: https://lnkd.in/gGvfVe3 #Iamanactuary #careerinsights #professionaldevelopment

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APRA supports collaborative life insurance innovation! The Insurtech Australia team were heartened by the message from APRA's Suzanne Smith at the recent All Actuaries Summit 2024 – in particular, the focus on "transforming challenges into opportunities" and the acknowledgement that "collaboration is key". The Australian Life Insurance market has faced into multiple challenges over the past decade – some of which can be transformed through collaboration with insurtechs driven (and designed) to solve problems for customers. When hard times hit, the impact of Life insurance benefits on the lives of regular Aussies cannot be overstated. To have the support of APRA to innovate in this space is exciting! You can access the content of Suzanne Smith’s speech here: https://lnkd.in/giYdtWgS Late last year, Insurtech Australia established a 'Life Insurtech Working Group'. One of the goals of this group is to: spotlight the key challenges and constraints impacting quality of service and sustainability in the Life insurance industry. The Group's focus won't end there, of course. Watch this space… We are grateful to have gutsy, dedicated Life insurance-focused Members and Partners to take this challenge on. In what ways have you seen collaboration in Life insurance optimise outcomes for customers?   Simone Dossetor Anna Cranney Lawrence Roqueza Carolyn Johnston James Orchard Sid Baidwan Australian Prudential Regulation Authority Suzanne Smith Actuaries Institute Digital Experience Labs ClearView Wealth Limited Zemble LifeBid Swiss Re Adviser Connect dacadoo Resolution Life FINEOS DLA Piper EY Pacific Life Re Mercer Peter Tilocca Luis Nejo Hicham Mourad Alex Threlfall Aurora Voss Brett Wright Kimberley Robinson Vanessa Dobson Stephen Jarvie Thomas Dijohn Robert Guirguis Brian Kyne Ann-Marie Coleman David M. Matthew Larkin Taylor Williams #insurtechaus #allactuariessummit2024 #insurtech #insurancetransformation #insurancecollaboration #lifeinsurance #lifereinsurance #insurance #reinsurance #collaboration #innovation #technology

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#IBTalk: Exploring the dynamic world of Accident and Health insurance in this podcast. Join Danny Wood and Jarrod O'Connor of Arch Insurance Australia as they discuss market growth, strategic adaptations, and emerging opportunities in the A&H sector. Listen here: https://hubs.la/Q02wyHtK0

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96.3% of execs in large enterprises believe that AI is either a business priority or a business-critical priority. When we asked Christopher B., Group Chief Data Officer at QBE Insurance, for his thoughts on this data point he said, “Having significant alignment and support at an executive level on the critical business relevance of AI enables rapid acceleration. The accessibility that Generative AI has brought to the market recently enables organisations with the opportunity to accelerate value. We are conscious to focus our capital in areas where we can see genuine returns and drive deep into those areas where we see value as opposed to trying to do everything across the value chain at once.” This is just one of the key takeaways from our recently published State of AI Report. If you haven't dived into it yet, check it out here: https://lnkd.in/grhSFh6v #AI #data #adoption #V2digital

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“The re/insurance arm, particularly in Australia has a really significant pool of data and a lot of insights into catastrophe perils and exposures.” This data is shared around the different arms of Aon and eventually passed onto insurers to help them make better decisions. Watch John Carroll, Australia & New Zealand CEO, Reinsurance Solutions, talk about Aon’s role in creating a more resilient society in the video below. https://lnkd.in/eD9zEQYN #risk #reinsurance

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