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Exponent’s Dr. Joseph Rakow Recently Invited to Speak at Marine Insurance Conference


October 24, 2011

Dr. Joseph Rakow, Senior Managing Engineer in Exponent’s Mechanical Engineering practice, was recently invited by the International Union of Marine Insurance (IUMI) to speak at their annual conference in Paris. Dr. Rakow’s presentation, entitled, "Resolving Marine Claims with Engineering and Science," discussed the role of technical expertise and in-depth analysis in identifying the root cause of insurance losses and the value of such claims. The presentation used a case study approach to illustrate a variety of technical tools and resources successfully utilized in the marine insurance industry, including laboratory testing and computational analysis. In each of the cases, analysis with these tools identified the root cause of the loss and assisted insurance professionals in evaluating policy coverage and appropriate payouts. IUMI is comprised of underwriters, adjusters, surveyors, attorneys, and other marine insurance professionals from around the world. A copy of Dr. Rakow’s presentation is available  .