Verisk Speciality Business Solutions (Verisk SBS), a re/insurance software specialist, has recently announced the appointment of Taha Ahmad to the senior position of Director of Pricing Solutions.
In this newly established position, Ahmad will oversee all aspects of pricing solutions, driving strategy and development efforts across Verisk SBS.
Ahmad’s appointment reflects a strategic response to the evolving demands of clients seeking advanced actuarial and pricing solutions.
Despite substantial investments in specialty insurance and insurtech for comprehensive solutions, there are still untapped opportunities for industry advancement. Ahmad will focus on seamlessly integrating SBS technological solutions with market insights to drive progress.
Richard Smith, Chief Product Officer at Verisk SBS, emphasises how Ahmad’s extensive industry experience qualifies him as an ideal candidate for this new role, stating, “Taha’s technical actuarial, regulatory and strategic consulting expertise developed across roles at Lloyd’s, Deloitte, QBE and other firms gives him unmatched understanding of the issues faced by the industry.”
“His work at Lloyd’s bringing in the best practice pricing framework has brought sophistication and maturity to the market. His insight into the current market situation and the direction in which businesses are headed, as well as their corresponding technical needs, will benefit our clients and ourselves, setting Verisk SBS apart,” Smith adds.
Ahmad remarks, “Verisk SBS clients require sophisticated solutions. They need live information on their book of business and the ability to understand, manage and analyse the data. This is so much more than “spreadsheet replacement tools”, and Verisk is certainly responding to these challenges, offering coherent solutions that support the insured, through the broker and the carrier, and all the data in between. It’s an exciting prospect and I’m looking forward to joining the team.”
