Devyn McNicoll
Devyn McNicoll is a traditionally trained actuary with over 10 years of experience helping companies grow profitability in the P&C insurance space. She is an Associate of the Casualty Actuarial Society (ACAS), a Certified Specialist in Predictive Analytics (CSPA), and holds a Master’s degree in Statistics from North Carolina State University. She deeply values the role of data analytics and mathematics in the industry. Prior to Pinpoint Predictive, she held an executive leadership role at an MGA offering Homeowners and Commercial Property products. She has extensive experience in actuarial pricing, reserving, filing, modeling, and leadership at several large national insurance carriers. In 2023, she was one of two actuaries who represented the U.S. in the Young Actuaries World Cup as a semi-finalist.
Carrier Management recently published a release from AM Best revealing that the homeowners insurance sector suffered an underwriting loss amounting to $15.2 billion in 2023. This loss is more than double that of the previous year and marks the worst underwriting results since 2000. This spike is attributed to increased weather-related events and shifting population demographics, leading insurers to confront significant challenges in underwriting and risk assessment.
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