Ray Simon

VP & General Manager, Regulatory Services

Experience: Instec

Education: Illinois Institute of Technology, University of Michigan

Outside of work, I enjoy: Creative endeavors – poetry and music. To totally decompress I watch ocean waves.

My prediction for the future of insurance...

Commercial insurance will continue to leverage data and newer software solutions in the areas of managing losses and underwriting. Offering coverage and pricing will still be heavily regulated and continue to rely on experience data. The transition to using real time data for this will probably be slow and steady. In the distribution channel, the packaging and processing of coverage as Programs is likely to continue.