Description: This discussion is about the new ways of using computers in connection with various aspects of actuarial work. From Transaction of Society of Actuaries 1961 Vol 13 pt 2

Description: File for 2020 DATA VISUALIZATION CONTEST

Description: Because of its complexity, ensuring the security of cyberspace is one of today’s most significant challenges. As the cyber environment becomes more integrated with the real world, the direct impact of cybersecurity incidents on business is also heightened. This study aims to develop a generic model that can be applied by any organization. For the validation of the developed cyber risk analysis method, simulations and sensitivity analysis will be performed.

Description: InsurTech is commonly described as the providing insurance protection and services through new technology innovations, often with a goal of producing savings and efficiency from the traditional insurance industry model. InsurTech is a seen as a growing place where the actuarial profession provides expertise and services.

Description: The Society of Actuaries Research Institute commissioned this study to highlight the leading emerging technologies that may significantly affect the actuarial profession over a three-year horizon. This study will act as a guide and a resource for actuaries or potential employers to identify the prospective tools to enhance or expand actuarial work, for people collaborating with actuaries who may be affected by these technologies, and for leaders looking to enable teams employing actuaries through the introduction of these tools. It’s noted that actuaries should embrace technologies that enhance the remote working experience within their internal teams and across departments by investigating functionalities beyond messaging and video calls. Actuarial organizations and employers should examine technologies where there is a wide range or gap in maturity and familiarity and evaluate whether a knowledge gap exists and whether any gap is due to lack of education and training.

Description: A study of claims cost variation by policy duration fo rindividual medical insurance. The report presents results for single vs. family contracts with long-form underwriting, based on approximately $1.3 billion in incurred claims data provided by seven carriers, for incurral years 2001 through 2003.

Description: Decentralized insurance alternatives is a rapidly expanding sector of Decentralized Finance (DeFi), an emerging and growing financial ecosystem powered by blockchain technologies. The purpose of this report is to review and discuss the business models and operating designs of decentralized insurance alternatives, which may have significant implications for traditional insurance businesses, as well as the actuarial profession.