James Rice is senior business development director at Xuber, a provider of insurance software solutions serving 180+ brokers and carriers in nearly 50 countries worldwide. Rice brings more than 20 years of experience to the insurance technology, predictive analytics, BI, information services and business process management (BPM) sectors.
Rice is an expert in product positioning, solution practice definition, partner channel development and go-to-market strategies. Rice’s deep domain exposure and in-depth training across insurance and financial services markets has enabled him to fully understand clients’ business operations and enable clients to reach their objectives. Jim has served in sales and executive roles with a number of leading global technology firms, including Risk Management Solutions, AIR Worldwide and Insurity and as an excess and surplus lines wholesale broker. He supplies a wealth of both domestic and global business development experience.
For the past two weeks, the disaster movie “San Andreas” has topped the box office, taking in more than $200 million worldwide. The film stars Dwayne “The Rock” Johnson, who plays a helicopter rescue pilot who, after a series of cataclysmic earthquakes on the San Andreas fault in California, uses his piloting skills to save […]
News outlets around the country are broadcasting the horrible scenes from Northern Mexico, Texas and Oklahoma of devastating floods that have killed many. Once tallies are completed, property damage will likely be in the billions of dollars. Once again, a disaster raises interest not only in the insidious nature of catastrophic flooding, but in how […]
“In business there are two ways to make money; you can bundle or you can unbundle.” –Jim Barksdale We have spent a series of articles introducing catastrophe models and describing the remarkable benefits they have provided the P&C industry since their introduction (article 1, article 2, article 3, article 4). CAT models have enabled the […]
“All models are wrong; some are useful.” – George Box We have spent three articles (article 1, article 2, article 3) explaining how catastrophe models provide a tool for much-needed innovation to the global insurance industry. Catastrophe models have covered for the lack of experience with many losses and let insurers properly price and underwrite […]
In our first article in this series, we looked back at an insurance industry reeling from several consecutive natural catastrophes that generated combined insured losses exceeding $30 billion. In the second article, we looked at how, beginning in the mid-1980s, people began developing models that could prevent recurrences of those staggering losses. In this article, […]
In our last article, When Nature Calls, we looked back at an insurance industry reeling from several consecutive natural catastrophes that generated combined insured losses exceeding $30 billion. Those massive losses were a direct result of an industry overconfident in its ability to gauge the frequency and severity of catastrophic events. Insurers were using only […]
The Earth is a living, breathing planet, rife with hazards that often hit without warning. Tropical cyclones, extra-tropical cyclones, earthquakes, tsunamis, tornados and ice storms: Severe elements are part of the planet’s progression. Fortunately, the vast majority of these events are not what we would categorize as “catastrophic.” However, when nature does call, these events […]