David K.A. Mordecai, President of Risk Economics was invited to speak at the American Association of State Compensation Insurance Funds (AASCIF) Mid-Year CEO Conference on April 30, 2015 in Arlington, VA.
Dr. Mordecai’s presentation entitled Cyborg Commerce, Pervasive Computing, Cyber-Physical Digitization and the Deep Web: RiskTech Applications of Tertiary Data and Implications for Navigating Emergent Risk within Workers’ Compensation Exposures, addressed risk mitigation at worksites and across safety critical environments (e.g., commercial auto, trucking) by integrating novel ancillary data streams e.g., wearable technology, vehicle telematics and event data recorders, Internet-of-Things (IoT) sensor networks and satellite remote sensing.
David Mordecai is President and Co-Founder of Risk Economics, a New York City based advisory firm, specializing in the application of computational economics to the proprietary development and scalable implementation of robust modeling and data analytic frameworks for valuation, strategic and systemic risk analysis, and dynamic asset-liability management. The scope of activities includes applying the expertise of Risk Economics in product development, as well as FinTech strategy and process engineering, to the commercialization of R&D for risk and liability management analytics.
The American Association of State Compensation Insurance Funds, is an association of workers’ compensation insurance companies from 26 different states, in an addition to 8 workers’ compensation boards in Canada. In the US, these companies, loosely referred to as state funds, each specialize in writing workers’ compensation insurance in a single state. Some of these companies operate as private insurance companies, whereas others act as agencies of their respective state governments. In Canada, all workers’ compensation insurance is provided through workers’ compensation boards, which have complete jurisdictional and administrative powers related to workers’ compensation in their respective provinces.