Alan Cantor, co-founder of Risk Analysis Services, is pleased to announce expansions to our business. These include: 1) co-managing member Larry Rudwick, and additional associates, 2) our newly enhanced and growing website, and 3) alliances with businesses that offers complementary services. Please call for details.
Alan Cantor has a history of being a pioneer in the risk analysis field. Using Mr. Cantor’s expertise in statistical forecasting, many years ago he saw the value of combining his knowledge of programming computers to help massage complex data. He started developing his RiskMap® family of products and services to help make client data much more manageable and predictable.
Mr. Cantor distinguished himself by completing successful and innovative projects for many industries. He created a Risk Analysis of American Nuclear Power plants for the American Electric Power Institute, which saved American Electric Utilities tens of millions of dollars per year.
Another successful project included landmark analyses of pharmaceutical industry leaders Squibb, Pfizer, et. al. This lead to positive actionable improvements in risk and quality management, also saving tens of millions of dollars.
Mr. Cantor also established risk analysis from 25 years of experience of 25,000 New York physicians. This saved millions of dollars for clients, and accurately projected future losses. Looking back 5 years after the projections were made, the actual losses were .5% different from the projections!
Mr. Cantor developed the first copyrighted risk financing simulation model, the Airline Industry Model — which was initially used to support optimal placement of hull and liability insurance for major airlines at Lloyds. The model then formed the basis for pricing and sale of flight insurance along with credit card purchases of the tickets.
As part of his development of the copyrighted Airline Industry Model (which became part of the public domain), Mr. Cantor invented the concept of a hybrid exposure base (weighted average of multiple exposure measures), which was subsequently applied in statistical modeling in multiple industries, including financial services and healthcare.
Mr. Cantor conceived, designed, developed and produced seminar series which he then presented to over 300 Marsh executives. The topics included computerized automated discounted cash flow analysis for comparative risk financing alternatives. His work helped achieved tens of millions of dollars in additional recurring revenue for Marsh.
When it became ever clearer to Mr. Cantor that PC-based technology could achieve comparable results for a broader base of clients, and first started Cantor & Company, and now co-owns Risk Analysis Services, LLC, continuing to develop statistical analytical tools to facilitate focused quantitative risk analysis.
Above: Photo of Mr. Cantor showing some of the many reports he produced for clients.
(Photography by Alec Cantor.)
Risk Analysis Services uses these validated, valuable tools, along with experience and expertise, to help clients see more clearly, as well as help them to foresee and predict what the future will likely be.