Description: The supplemental health market is changing. Carriers are looking to simplify claims processes, proactively identify missed claim opportunities, and reduce barriers to claim payment. As a result, more and more companies are looking at ways to use data from medical diagnostic and treatment codes. Take an introductory look at the most used medical codes—ICD (9 and 10), CPT, and HCPCS. Discuss the history and purpose of each code system and decipher the structure. Dive into how medical codes can be used in the supplemental health market (automatic claims adjudication, fraud identification, pricing), as well as common pitfalls encountered when using medical coding. By attending this session, you will have a basic understanding of the different types of medical codes, their actuarial applications, and common pitfalls.

Description: Session 2– Going Deeper through examples InsurTech (1) identifies a pain point to the industry, (2) brings a technology solution to address the shortcoming with a (3) business model that makes sense for all. Expect an illustration of this three-point structure through a handful of start-ups from various backgrounds (health, life, general operation) dealing with various aspects of the insurance value chain (acquisition, risk management, back-office…).

Description: Blockchain and cryptography have seen significant adoption around the world. While still in early stages, it has started to make an impact in finance, gaming, and metaverses industries. Organizations have even began to provide insurance services on blockchain. Although insurance is limited to protection against financial losses in markets, the sheer adoption has sparked interest for other insurance use cases and some startups have already started experimenting in the space.

Description: Learn more about the predictive modeling that was applied to industry data for the lapse and mortality experience in the post-level term period. Novel approaches were taken to model the shock lapse, subsequent lapse, and mortality experience. Observe a demonstration of the Tableau tool, which was built to allow users to analyze data on their own.

Description: 2021 ImpACT Conference - Session 6B: A Courtroom Case: Data Democratization to Drive Analytics? 10.27.21 Recording

Description: Meet Nathan Pohle. Nathan is part of a new wave of actuaries bringing diverse perspectives to change the game in life insurance. Armed with an MBA and unique analytics experience in the sports industry, Nathan is harnessing key learnings from Silicon Valley to help life insurance companies tap into the power of predictive analytics in new ways.

Description: Small insurance companies sometimes feel constrained to use Excel instead of a commercial actuarial system due to cost and inertia. This article provides multiple reasons why that decision leads to unintended risks for the actuarial department and the company as a whole.

Description: It was an honor, for Dr. Tianyang Wang, Co-Eeditor of Expanding Horizons, to have this Fireside Chat had a great conversation with Dr. Guillen Guillen Estany in January 2023, and invited her for this featured Fireside Chat interview which resulted in a great conversation.