Verita CSG, Inc.
Edward Chiang currently serves as President and CEO of Verita, Inc., where a focus on industry specialization aims to address the challenges of the evolving insurance risk environment. Prior experience includes roles as EVP GRS Chief Actuary and Finance Officer at Sompo International, overseeing actuarial pricing and finance, and as VP Underwriting at QBE North America, where a profitable book of $100 million in premiums was achieved. Edward also held the position of Pricing Actuary at ACE Group, leading a team in risk evaluation, and worked as an Actuarial Consultant at Ernst & Young, specializing in modeling for property and casualty insurers. Edward holds a BMath in Actuarial Science from the University of Waterloo.
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Verita CSG, Inc.
Today’s risks are more severe, inter-connected and complex. New risks arise quickly with little to no warning, and the insurance industry is often challenged to keep pace. Traditional coverage options may be too costly or worse: nonexistent. Insurers might not have the understanding necessary to quickly respond to companies’ changing risk profiles or the capacity to effectively respond to a rapidly changing risk environment. By focusing on industry specialization, Verita brings a deeper, more comprehensive understanding of clients’ risks and is better positioned to handle unique insurance needs. And by focusing on underwriting expertise, Verita can efficiently respond to an insured’s needs more holistically and create new products that keep up with today’s rapidly changing environment. By focusing on clients, Verita is able to write multiple lines of coverage tailored to your needs and to provide effective solutions, including sophisticated alternative solutions that are right for you. Verita’s focus extends to providing exceptional account servicing, specialized claims handling and effective loss control solutions. By focusing on digitization and data intelligence, Verita is committed to continuously optimizing client access to capital markets in addition to traditional insurers. Verita’s technology will create new opportunities for capital markets to access client risk.