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Darrel Barbato

Darrel Barbato

Darrel Barbato is the Head of Predictive Analytics for Homesite Insurance in Boston. With his 8 years of insurance modeling experience, he has worked in a variety of roles including as a Manger of Claims Analytics with Liberty Mutual and as a Director of Research overseeing modeling for The Hartford’s Commercial Property, Workers Compensation, and General Liability lines of business.He joined Homesite in 2013 and is responsible for modeling projects in support of a wide range of departments there including Underwriting, Pricing, Operations, and Claims. Recently his team developed new multivariate models to allow for lower declination rates for new Homeowners business as well as Homesite’s initial By-Peril Rating Plan.Darrel holds a Doctoral and Master’s Degrees in Economics from Boston College where his research focused on industrial organization and applied econometrics. He is also a graduate of the University of Richmond where he studied Economics and Computer Science. He is the co-author of two telematics patents, “System and Method for Computing and Scoring Trip Similarities Using Geo-Spatial Information” and “System and Method for Computing and Scoring the Complexity of a Vehicle Trip Using Geo-Spatial Information”.