Chris McShea is a Principal within the Financial Services Office of Ernst & Young LLP (EY). He has managed a variety of client facing practices for the Firm. During his twenty-eight years of insurance industry experience, Mr. McShea has had the opportunity to work across the major functions of insurance carriers and brokers. His client service focus has been directed at supporting executive agendas targeting growth and profitability. He currently is leading the Firm’s Advanced Analytics practice for Financial Services. The practice is designed to assist clients in exploring the role of advanced analytics in advancing a company’s business model. His approach is to develop pragmatic solutions that blend cross industry best practices with the unique risks faced by the insurance industry.Since joining EY, Mr. McShea has been involved in a wide variety of strategic advisory assignments. Examples of projects he has led include:- Determining how competitive clients pricing systems are- Assessing sales practices within a marketplace- Evaluating affinity based distribution platforms- Assessing the viability of clients profit projections- Developing predictive models measuring customer behavior- Assessing line of business growth opportunities- Transaction integration assistanceMr. McShea recently led the development of EY’s concept paper on innovation entitled “Focused Innovation – Exploring the Property/Casualty Insurance Industry’s Competing Objectives”.Prior to joining EY in 2002, Mr. McShea managed the property and casualty business unit for a software development company focused on Internet applications. Prior to that, he served as National Practice Director of the property and casualty business unit for another major consulting firm. Mr. McShea has been quoted in the national press on a variety of insurance issues and is a frequent speaker at insurance conferences. He has served on various committees supporting the United Way of Chicago and participated as a mentor for the Mentium 100 Program. Mr. McShea is an Associate of the Casualty Actuarial Society and a graduate of The Johns Hopkins University.
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