One of the most exciting areas before risk managers today is finding and leveraging opportunities through risk modeling. Risk modeling is the process of discovering patterns in data and its purpose is to transform data into actionable information to support the strategic decision-making process. This allows risk managers to create a baseline for the current program, identify opportunities for improvement, and predict future program performance. Session participants will learn the fundamentals of risk modeling, examine common cost drivers and strategies for addressing them, and explore the latest advancements in information technology needed to elevate their programs to a new level.