|
Identification and
Quantification of Risk
|
|
Risk prediction
|
We have considerable
experience in the techniques and technologies of risk
prediction for individuals and groups. |
Underwriting Risk
|
- Individual
and group underwriting.
- Morbidity
|
Aggregation of risk
|
Techniques and
technologies to manage the aggregation of risk. |
Catastrophic/excess loss risk prediction
|
Under development. |
System Risk
|
Political, legal,
regulatory, consumer, technology and other exogenous factors. |
Risk Management techniques
|
Design and pricing to
manage potential risk. |
|
|
Read "Population
Risk Management: Identifying High Risk Members to Reduce
Costs" for more information. |
|
Pricing and product design
|
|
Data management and automation
|
The key to risk management is early
identification of adverse events. This requires systems
and processes that identify and then address emerging risk.
Systems and processes that identify:
- Process
risk: fluctuations around an expected value;
- Parameter
risk: trend in key values
- Model
risk: the pricing or risk management model is not
appropriate for the situation.
|
|
Medical management
|
|
Securitization of Risk
|
Medical management
systems and processes that actually work to control risk |
