Description: Discusses an SOA study entitled Blue Ocean Strategies. The objective was to deliver insight into how the use of technology may impact the design, marketing, sales, underwriting and/or processing of insurance.

Description: Feature article that contends in order for actuaries to thrive, technology needs to be central to company strategy and actuaries should view coding as a core competency—equal to or more important than other “traditional” skills.

Description: LDTI’s introduction has forced many insurers to examine their existing operations and technologies. They must determine how to optimize compliance efforts while balancing data, analytics and system modernization considerations to achieve maximum value. This article will examine the four key facets—the data, technology, processes, and people—essential to any successful LDTI exercise. It will also touch on the various approaches for tackling LDTI and how a modernization mindset can help insurers realize much greater transformation for the business.

Description: Machine learning models are not black-boxes; these models can easily be interpreted using tools like SHAP, LIME and Anchor. These tools can facilitate the understanding of the model and the business problem. We can used these tools to build better models and communicate how predictions are generated. This article demonstrates their use in a mortality model.

Description: Feature article discussing ethical issue that may arise in an automated decision-making model.

Description: Actuaries are currently familiar with the impact of new technologies used primarily by clinicians and health care providers, such as new drugs and devices. The common theme emerging from many of the articles points to a technological revolution in health care accelerated by the COVID-19 crisis this year. Actuaries need to understand these technologies, their impact, learn how to drive this technological change and guide the response of their profession and their own health care organizations.

Description: Read the April 2019 issue of CompAct, published by the Technology Section of the Society of Actuaries.

Description: This abstract describes studies that further the understanding of risk surrounding automated vehicle technology.

Description: Innovative solutions are necessary for insurers to: • Meet customer needs, • Better collect and process data, • Improve risk assessment and underwriting .

Description: In this article the author discusses the risks involved with information technology, with respect to security, IT management, and business continuation plans.