Advisen Divides Core Business into Separate Units to Reflect Growth Sectors

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 and marketplace.

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 Ltd.

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 protected] to learn more.

For Advisen Ltd.Patrick Ward, (415) 595-3145
[email protected]

Source: Advisen Ltd.