Steve
Message from Bob La Quey:
Hello Prof. D'Arcy,
I feel like a student who wandered into the back of a class, sat down in
the wrong seat, then found the material fascinating :)
I was searching "Securitization" on Alta Vista and found:
http://www.cba.uiuc.edu/~s-darcy/fin343/ppt/
which lead me into your virtual classroom. Great stuff.
I have been researching issues of insurance and complex computing
systems.
This interest evolved from work performed on the Millennium Bug (Year
2000
problem). I came upon your web presence from Alta Vista which picked up
on
the word "Securitization" in your description.
I am a principal in a software tools company, OrcaSoft, Inc. My
education
was in theoretical physics and I have worked for many years in the
development of systems software. At OrcaSoft we have a small core of
elite
programmers. We are seeking a dialog about the Year 2000 problem with a
knowledgeable actuary, preferably one with experience in the reinsurance
industry.
We are convinced that the Year 2000 Problem is a real business problem
with
a technical origin. The solution to this problem will involve
sophisticated
insurance techniques as well as software technology. We are seeking
entrepreneurial dialog, not offering to assess and solve your Year 2000
problem. This problem requires very fast and expert response but the
rewards to the entrepreneur are vast.
Beyond the year 2000 the entire issue of insuring against a wide variety
of
computer systems failures will be required. These systems have far too
much
economic importance to be neglected by the risk management, insurance
and
reinsurance community. The EMU and Internet commerce will raise large
new
opportunities for risk managers.
I would very much appreciate it if you could provide me with a referral
to
a colleague who might also be interested in pursuing this opportunity.
As
you are no doubt aware, time is of the essence.
Regards,
Robert E. La Quey, Ph.D.
Bob La Quey
Visit the CAS Web Site at http://www.casact.org
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