CSRSA Webinar: Inflation, Rates & Turbulence – How Do We Navigate 2024? (Presentation by Opta)

Date: January 25, 2024 @ 1PM EST

Format: Webinar

Session Summary:

INFLATION, RATES & TURBULENCE – HOW DO WE NAVIGATE 2024?

• Inflation and recession present a dual economic threat, made worse by geopolitical turmoil.
• Meanwhile, extreme climate events are accelerating in Canada and across the world.
• These changes make it more urgent, yet harder, to maintain LTV’s  across property portfolios – how are you managing the pressures and impact of inflation?
• In this webinar you will to hear the latest trends in material costs and gain insights on the effects on reconstruction costs and market valuations caused by economic turbulence.

Speaker: Greg McCutcheon, Opta President

Greg McCutcheon is president of Opta Information Intelligence, Canada’s leading property intelligence and technology solutions provider. Verisk acquired Opta in 2022 to expand its footprint in the Canadian market and support Opta’s efforts to transform insights into innovation.  With more than 25 years of property/casualty insurance experience, Greg leads his team in delivering valuable business intelligence that powers digital transformations for insurers and financial services companies. Opta combines a strong focus on best-in-class customer experience with ArtificiaI Intelligence (AI) and machine learning to drive efficiency and enhance the accuracy of the underwriting process.

An advocate for maintaining accurate insurance-to-value (ITV), Greg was instrumental in introducing a revolutionary ITV solution to the Canadian market in 2009 with the launch of iClarify™, an industry-leading desktop validation tool that delivers instant access to geo-coded property intelligence, valuations and imagery.

In 2017, Insights Success named Greg one of their Top 30 Most Innovative Business Leaders. He holds a BA with honours in history and politics from Queens University and is a certified risk manager (CRM).

For more than 100 years, Opta has been an industry leader in valuations, property risk intelligence, and loss control services. The only Canadian company that regularly gathers and validates data through real-time dialogue and ongoing research, its solutions help insurers underwrite policies, manage risk, and market more efficiently. Together, Verisk and Opta combine their deep domain expertise, advanced technology, and unique data assets to build a stronger insurance ecosystem and accelerate the use of data and insights as a competitive advantage in the market.

Price: Free for paid members and sponsor members, $25 for non-paid members