New York Chapter

Together, PRMIA New York and Numerix presented "Model Risk Management - How Far Have We Come?"

On September 9th,  PRMIA and Numerix held an event to discuss how firms can uncover hidden model risks and ways to manage the risks they discover.

The key question of the evening was: So how do firms – and their regulators – typically deal with model risk? 

Thank you to our speakers; David Eliezer and Sanjay Sharma. 

Please click to veiw their presentations: 

Sanjay Sharma - Chief Risk Officer of Global Arbitrage and Trading, RBC Capital Markets

David Eliezer, PhD - Vice President, Head of Model Validation, Numerix


New Co-Regional Director to lead the New York Chapter; Ken Radigan


PRMIA New York
New RD Announcement

PRMIA announces today the appointment of Ken Radigan as the new Co-Regional Director of the New York Chapter.  Ken is the Chief Risk Officer (CRO) for US and Bermuda operations of Aspen.  Ken is responsible for identifying, quantifying, modifying, mitigating and monitoring the business risks faced by these business units.  Prior to this, Ken was the CRO for the Casualty and Global Risk Solutions Divisions of AIG.  Ken had worked at AIG for over 25 years and during this time he had the following additional responsibilities: Director of corporate catastrophe modeling; Head of internal catastrophe reinsurance; Head of ceded reinsurance to the capital markets.

Ken is on the Board of Directors of PRMIA; Chair of the Ethics Committee; and member of the Standards of Practice Committee. 

Ken was the inventor of two US Patents on Nuclear Decommissioning Insurance.   Ken has a Bachelor of Arts degree with a major in Mathematics from the University of Dayton and has the following professional designations: Professional Risk Manager, PRM; Chartered Property Casualty Underwriter, CPCU; Associate in Risk Management, ARM; Associate in Surplus Lines Insurance, ASLI


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