Sep 20
Chapter Meeting

September 20th Member Meeting

09/20/17 11:30am to 1:00pm

Please join us at our monthly meeting on Wednesday September 20th at the State Farm building in Downers Grove.

Zach Schmiesing will be presenting on telematics and the Internet of Things (IOT)

The Internet of Things, or “IoT” for short, has gone from an overused buzzword to a raging data storm in the commercial and consumer sectors. Sensor technology combined with communications upgrades and advancements in data science are pushing the way we live and work into new levels of engagement and assessment. The insurance industry, long relying on risk proxies and rough segments, now has a level of transparency like never before. Understanding these new data streams, accessing them, and operationalizing the data is wrought with challenges, and companies must begin thinking today in how to innovate for the future.

 

Lunch is complimentary for our members.  Non-members are welcome to join us.  There's a $10 fee for lunch.  Please register in advance, but you are welcome to pay for your lunch at the door. 

Hope to see you there!

Chicago-West Suburban Chapter 

Zach Schmiesing

Director Commerical LInes Underwriting Telematics/IOT
Verisk Insurance Solutions

Zack Schmiesing, director of Commercial Lines Underwriting with Verisk Insurance Solutions, leads product development, integration and strategic marketing for commercial lines underwriting solutions that leverage telematics and internet of things data. He has over 12 years of experience within the property and casualty insurance industry with primary carriers and reinsurance consulting operations focusing on catastrophe risk management and research before joining Verisk Analytics in 2014.  Zack has presented at numerous insurance industry events including NAMIC, CPCU and RIMS. He holds a BS and Masters of Atmospheric Science from The Ohio State University.

Event Materials

Session topic:

 

The Internet of Things, or “IoT” for short, has gone from an overused buzzword to a raging data storm in the commercial and consumer sectors. Sensor technology combined with communications upgrades and advancements in data science are pushing the way we live and work into new levels of engagement and assessment. The insurance industry, long relying on risk proxies and rough segments, now has a level of transparency like never before. Understanding these new data streams, accessing them, and operationalizing the data is wrought with challenges, and companies must begin thinking today in how to innovate for the future.