Robert T. Reville is President and Chief Executive Officer of Praedicat, the world’s first casualty catastrophe risk modeling company. Praedicat delivers innovative models and analytics to inform complex casualty underwriting and emerging risk management. Praedicat applies cutting-edge “big data” technology that aggregates and distills information from millions of peer-reviewed academic journal articles.
Reville’s career has been dedicated to applying empirical data to make liability systems more transparent and insurance more sustainably profitable. Prior to starting Praedicat, Reville was Senior Economist at the RAND Corporation and a professor at the Pardee RAND Graduate School.
At RAND, he conceived and led the liability catastrophe R&D project that provided the foundation for Praedicat, the first commercial spin-off of the RAND Corporation. From 2002-2008, he was the Director of the RAND Institute for Civil Justice, a research center dedicated to improving public policy related to liability, compensation and insurance. He was also co-director of the RAND Center for Terrorism Risk Management Policy, a policy research center at RAND which published research on terrorism insurance that was influential in congressional debates over the Terrorism Risk Insurance Act.
Reville has published extensively on compensation for occupationally disabled workers and his recommendations to the State of California on permanent disability rating were adopted in sweeping workers’ compensation reform in 2004. He served for two terms on the Board of Scientific Counselors of the National Institute for Occupational Safety and Health, Centers for Disease Control and Prevention. Reville received his Ph.D. in economics from Brown University.