By ET Bureau - August 03, 2020 2 Mins Read
Valkyrie, a science-driven consulting firm that solves organizational and global challenges through AI and machine learning, and Actuarial Risk Management (ARM), a full-service global actuarial consultancy, today announced that they have formed a strategic alliance. ARM and Valkyrie’s collaboration brings actuaries and data scientists together for a first-of-its-kind advisory team built to penetrate data using advanced learning capabilities, offering customers a competitive advantage and a better means of assessing risk.
As the COVID-19 pandemic evolves, risk management has become an increasingly important priority for businesses worldwide as they look to protect their employees, estimate impact and avoid serious financial losses. Austin companies Valkyrie and ARM will jointly offer clients a new view toward data forensics and predictive analytics that are informed by an actuarial perspective and coupled with data scientist-led bespoke models.
“This new alliance strengthens our worldwide market presence by combining ARM’s strong actuarial team with Valkyrie’s deep knowledge of data science and machine learning,” said Corwin (Cory) Zass, Founder and Principal at ARM, who recently spoke in a webinar about machine learning and the future impact COVID-19 will have on the life markets. “ARM’s focus on the future of actuarial consulting is the driving force behind our desire to join forces with other progressive, leading-edge companies with complementary skill sets.”
“This is a great opportunity for us to collaborate with ARM and find new and innovative ways data and science can solve business problems and create actuarial solutions,” said Charlie Burgoyne, Founder and CEO at Valkyrie. “Together we can help businesses manage their risk more efficiently and increase revenue.”
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