Distinguished Programs Makes Investment in Information Analytics - Adds senior data scientist and actuary to key department.
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NEW YORK, February 12, 2018 – Distinguished Programs, a national insurance program manager, continues to map the trajectory of the insurance industry by today announcing the expansion of its Data & Actuarial Science department with the addition of Perry H. Beaumont, Ph.D., as the new head of the department, and Steven Hunke, ACAS, as the department’s new actuary.
“We recognize the insurance industry has long since moved away from the days of information scarcity,” said James Flynn, president and COO of Distinguished Programs. “We’re now in the age of abundant information, and we know the insurance industry must rise to the challenge to analyze and apply the appropriate data to improve pricing accuracy, enhance customer relationships, mitigate risk and create customized products and services that meet the needs of today’s insureds. Distinguished Programs plans to be a leader in data analytics that yield better outcomes and improved products and services. Adding Perry and Steve to our team is the first of several steps we’re taking to meet our goals in this area.”
In his new role, Beaumont will be responsible for analyzing a variety of risk mitigation initiatives as well as contributing to the company’s strategic development and vision. Prior to joining Distinguished Programs, he launched a successful Fintech firm. Beaumont also previously led a multi-national team for AXA Insurance that was based in Paris, France. In addition to being an accomplished author of books on various business topics, he is the author of a U.S. patent and a lecturer at Columbia University. Beaumont brings to his new role extensive executive management experience, including expertise in business acquisitions and divestitures.
Previously with Zurich, Hunke spent 10 years focusing on supporting the organization’s programs business. He is also an associate of the Casualty Actuarial Society.
Beaumont earned both his master’s and doctorate degrees from the University of Illinois, along with his bachelor’s degree from Baldwin Wallace University. Hunke is a graduate of the University of Nebraska, where he majored in mathematics and actuarial science.
About Distinguished Programs
Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Real Estate, Community Associations, Cultural Institutions and Hospitality & Restaurants. Property and liability products are distributed through a national network of agents and brokers. Serving the same core markets and partnering with the most stable and reputable carriers, Distinguished Programs’ high limit umbrella programs remain the clear choice in its areas of specialty for superior coverage, competitive pricing, and attentive service. Through thoughtful innovation, streaming back to 1987, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees. www.distinguished.com.