Technology & Applications
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MyActuary.AI The Journey of Democratizing Actuarial Knowledge Through AI
The Journey of Democratizing Actuarial Knowledge Through AI -
Emerging Topics Community: Minimum Viable Product (MVP) in Insurance Product Development Part 2
Discover the role that a Minimum Viable Product (MVP) has in insurance product development in our two-part podcast series. Experts Joe Alaimo and Chris Siudzinski explore how MVP and agile software development can innovate insurance solutions. -
The Latest Trends in Actuarial Tech and Automation: A Snapshot of the Landscape Today and Hypotheses for the Future
This article provides a snapshot of the landscape of actuarial transformation today and hypotheses for the future. -
Emerging Topics Community: Minimum Viable Product (MVP) in Insurance Product Development
Discover the role that a Minimum Viable Product (MVP) has in insurance product development in our two-part podcast series. Experts Joe Alaimo and Chris Siudzinski explore how MVP and agile software development can innovate insurance solutions. -
Quantum Actuary:Reshaping Insurance Cognition
This article will mainly explore the quantum characteristics in some insurance phenomena. By using the quantum theory, this article will aim to revolutionize traditional insurance thinking, reshape the insurance cognition, and explore the new paths for modern actuarial science. -
Unveiling AI and GPT-4: Actuarial Impacts and Insights (Part 1 of 3)
In this first episode of a 3-part series, Joe Alaimo, CEO of ProComp, is joined by Deloitte AIS team members Andrew McLeod and Harrison Jones to delve into the world of Artificial Intelligence, with a specific focus on OpenAI's GPT-4. Together, they demystify the concepts of generative AI, large language models (LLMs), and explore how GPT-4 stands out from its predecessors. -
Abandon the Spreadsheet and Go Digital
Lin Fangcheng argues that it is easy to digitalize by setting up new departments, but the real battle is to digitalize the incumbent departments that are predominantly spreadsheet-users. In order to reap the full potential of digitalization, we must abandon the spreadsheet and go digital. He discusses the reasons why the spreadsheet, hindered by its inherent design, has become a bottleneck for higher efficiency, and how to adopt low-code digital technology in a “together” mode. He further demonstrates that digitalization lays a solid foundation for artificial intelligence. -
An Exploration of the Quantum Actuary
Quantum theory is one of the significant concept in modern physics. Many phenomena in nature and society also show the characteristics of "quantization", of course including the insurance market. Probability is the cornerstone in the actuarial calculation while the quantum mechanics could give different perspectives on the probability. The paper proposes a new approach to explore the quantum application to the insurance market by solving the partial differential equation of the Schrödinger equation with some simple Hamiltonian such as infinite square potential well, potential barrier penetration and harmonic oscillator which may be helpful for the development of quantum actuarial. -
Reproducible Research
This article summarizes use of programming collaboration tools and source and version control (SVC) to make research products reproducible. -
Deep Learning in Segregated Fund Valuation: Part 2
This article is the second part of an article that appeared in April 2022 on the Emerging Topics Community webpage. It will discuss the data preparation, hyperparameter tuning and selection, and the training and testing process of the deep learning models. To reach the final conclusions, the article will continue to compare the projected cash flow results from LSTM and LSTM-Attn with those from the traditional method, and evaluate the time series generations of interest rates and equity returns by WGAN and TCN-GAN
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Dive into insightful content. Gain practical knowledge. Explore the latest research and key information for future use. Discover the Emerging Topics Community, an online forum that focuses on three main topic areas–Modeling, Predictive Analytics and Futurism, and Technology.