Stoch Analytics

NEWS AND EVENTS

Ricky Power Joins Stoch Analytics as Chief Growth Officer

October 7, 2024 Ricky Power Joins Stoch Analytics as Chief Growth Officer Posted by: Stoch Analytics New York, NY, October 7, 2024 – Stoch Analytics Limited, a software company based in Ireland, today announced that Ricky Power has joined the company as its Chief Growth Officer. In his new role, Mr. Power will lead the company’s sales, marketing, and business development activities.   “Stoch Analytics has an amazing team and a fantastic set of products,” said Chris Stiefeling, CEO and cofounder of Stoch Analytics. “Ricky joins us at the perfect time in our journey and will help us to unlock the incredible potential of what we have built. Ricky knows the actuarial market exceedingly well and fully appreciates the value and cost savings that we can deliver to life insurers around the world.”   Stoch Analytics develops, sells, and supports high-performance stochastic modeling solutions for the life insurance industry. These

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Stoch Analytics Acquires Atlas Software Business from Oliver Wyman

Posted by: Today Stoch Analytics Limited, a newly formed private company headquartered in Ireland, acquired the proprietary Atlas software suite from Oliver Wyman, a global management consulting firm and a business of Marsh McLennan [NYSE: MMC]. Chris Stiefeling has left Oliver Wyman to be the new company’s CEO.     “We are delighted to announce the sale of Atlas, and excited about the appointment of Chris as CEO of Stoch Analytics.  Oliver Wyman, and Oliver Wyman Actuarial consulting, will continue to partner and work with Stoch Analytics on a go-forward basis,” said Alex Lyall, Partner, Oliver Wyman.     Atlas is a highly optimized, integrated, cloud-based actuarial modeling platform used by life insurance companies for pricing, valuation, and asset-liability management. The software is currently used by finance, risk and actuarial professionals at insurers in the US, Canada, and Europe.       “Regulatory changes in the life and retirement space such as Principles Based

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