Free FICO Insurance Forum to Address Insurance Industry Trends and Game-Changing Strategies

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MINNEAPOLIS – October 19, 2011 – FICO (NYSE: FICO), the leading provider of analytics and decision management technology, has announced that it will host a free, full-day Insurance Industry Forum on November 1 in New York City. The event will focus on major industry trends and ways of applying advanced analytic techniques used by leading insurance companies worldwide to predict customer behavior, enhance risk management, improve pricing in underwriting and identify claims fraud.

The Forum keynote address will be delivered by Dr. Steven Weisbart, senior vice president and chief economist for the Insurance Information Institute. Dr. Weisbart will discuss emerging, game-changing macroeconomic and demographic trends and their expected effects on the insurance industry. In the sessions that follow, Chubb Group will share insight on using business rules to rapidly and effectively implement new strategies and modernize legacy system for faster speed to market. In addition, Pekin Insurance will discuss the industry’s use of credit-based insurance scores for better risk segmentation decisions.


Steven Weisbart, senior vice president/chief economist, Insurance Information Institute

Weisbart oversees the Institute’s economic research and analysis programs, preparing studies in support of the organization’s communications mission, speaking to media and conducting briefings for member companies, industry organizations and public policymakers. A specialist in annuities, pensions and life, disability and long-term care insurance, Dr. Weisbart also frequently makes presentations on property/casualty issues to industry audiences as well as legislative forums.


Tuesday, November 1, 2011; 9:30 a.m. – 5 p.m. ET
Keynote address to take place from 10:15 – 11:30 a.m. ET


Sheraton Hotel and Towers, New York City
811 Seventh Avenue at 53rd Street
New York, NY 10019


There is no cost for insurance industry professionals to attend the FICO Insurance Forum. To register, please visit:


The FICO Insurance Forum is a free, full-day event focused on new strategies and game-changing technologies for solving today’s biggest insurance challenges. Attendees will learn how the most savvy insurers are leveraging analytics to optimize their capabilities around risk management, pricing and fraud identification in order to gain a competitive advantage. Topics will include practical solutions and case studies for insurance underwriting, pricing, claims processing and fraud protection.

The FICO Insurance Forum will be taking place on the same date and in the same location as FICO World 2011, the company’s 34th corporate conference.

About FICO
FICO (NYSE:FICO) delivers superior predictive analytics solutions that drive smarter decisions. The company’s groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO’s innovative solutions include the FICO® Score — the standard measure of consumer credit risk in the United States — along with industry-leading solutions for managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world’s top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies, rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands. FICO also helps millions of individuals manage their personal credit health through Learn more at FICO: Make every decision count™.

For FICO news and media resources, visit

Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company’s Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO’s SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2010 and its last quarterly report on Form 10-Q for the period ended June 30, 2011. If any of these risks or uncertainties materializes, FICO’s results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.
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Media contacts


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+65 6422-7795

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+55 11 97673-6583

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