NEW YORK–(BUSINESS WIRE)–
Advisen Ltd., the single source solution for insurance intelligence,
today announced the company is dividing its business into three separate
units, Research Editorial, Information Analytics and Web
Connectivity, to reflect increased focused on specific growth areas.
The Research Editorial unit, which Advisen informally calls its
“Enlighten” unit, will focus on communicating, educating and delivering
insights and information by topic, line of business, industry segment
The Information Analytics unit, which Advisen has tagged its “Solve”
unit, will center on gathering, distilling, translating, analyzing and
delivering critical information to insurance professionals to help them
assess and transact in the market.
Web Connectivity, Advisen’s London-based software unit, which Advisen
has dubbed its “Streamline” unit, will enable brokers, insurers and
reinsurers to communicate risk data securely and support documents
throughout the lifecycle of a risk.
“We are structuring the company for the next era in commercial insurance
where the industry will rely on research, analytics and software to
ensure professionals are well informed and can accelerate the value they
bring to their business clients,” said Tom Ruggieri, CEO of Advisen.
“These new units will focus Advisen’s benefits for our customers and
assist the insurance industry’s evolution to impacting businesses and
economies at greater levels.”
Areas of focus for the Research Editorial unit include Advisen’s
industry-leading e-news-service Front
Page News, research reports, journals, webinars and community events
to bring together buyers, brokers and insurers to collaborate and
highlight on key industry perspectives.
Through its aggregated data from 16 million global companies and
subsidiaries, Advisen’s analytics tools within the Information
Analytics division will help drive business and industry analysis;
pricing and loss analysis; portfolio and risk benchmarking; marketing,
product and business development; and risk management strategies.
The Web Connectivity unit will utilize its award-winning ACORD Messaging
Gateway system, which facilitates straight through processing of data
into insurance firms’ internal systems by supporting the sending and
receiving of placing, endorsement, accounting and settlement, claims,
and document repository messages.
Advisen announced separately that two industry veterans have joined the
company to lead its predictive analytics work. Seth Rachlin joined
Advisen as an executive vice president and president of the new
Information and Analytics business unit. Rachlin previously served as
the CEO of Moore Stephens Business Solutions, where he supplied Business
Intelligence solutions and has over 20 years’ experience in building and
advising insurance, technology and market analytics companies.
John Pagliaccio has joined as executive vice president to lead specific
efforts around analytics. Pagliaccio was previously President of Carvill
ReAdvisory, an intermediary focusing on reinsurance solutions, and
brings 40 years of experience in insurance, reinsurance and enterprise
risk management analytics.
Advisen generates, integrates, analyses and communicates unbiased,
real-time insights for the global community of commercial insurance
professionals. As a single source solution, Advisen helps the insurance
industry to more productively drive mission critical decisions about
pricing, loss experience, underwriting, marketing, transacting or
purchasing commercial insurance.
Advisen’s data, analytics and news services are game-changers for more
than 125,000 professionals. Visit us at www.advisen.com
or contact email@example.com
to learn more.