Description: In An Introduction to Incremental Learning, by Qiang Wu and I describe how machine learning is a natural enhancement to predictive analytics through its many useful tools to derive meaning from a lot of otherwise unusable data such as handwriting. Again, there are formulas involved; but we have tried to keep them understandable to the actuary who isn’t already familiar with stochastic gradient descent, perceptrons, and principal component analysis. Incremental learning can help you refine the estimations you derive from more traditional actuarial methods.

Description: The article introduces the concept of overfitting in predictive modeling and illustrates how it hinders our ability to predict new data well.

Description: This article discusses techniques used to create risk scores to help determine appropriate primary care panel sizes for a provider organization.

Description: The article explores the possibility of using the emerging technology for life insurers to build a monitor system for better risk and profitability management.

Description: Looks at free and inexpensive resources for the novice in predictive analytics, covering the data analysis theory as well as the most commonly used languages/software used in the field.

Description: In this article, we are going to discuss the AR model by making connections to time-dependent ordinary differential equations.

Description: Summary of what the section has accomplished over the past year.

Description: Ways of closing the mortality protection gap, by leveraging some of the new technology, data and analytics to reduce the friction in the buying process.

Description: It talks about the major areas of data science and how to learn data science with the actuarial background.

Description: Why Actuaries Should Welcome Automation