Description: As the insurance industry continues to evolve due to a pandemic and rapidly changing economic and regulatory conditions, the role of data scientists and actuaries has become increasingly important. In an interview with the Atidot data science and actuarial team, we discuss what it is like to work at an InsurTech, how data scientists and actuaries can collaborate, and look at some concrete technical examples of where the innovation is having an impact. This article explores what collaboration can look like and how the role of data science and actuary may evolve in the InsurTech industry in the future.

Description: Actuarial Process Optimization is a framework for using technology to support the actuary of the future. In this article, we discuss the capabilities of new technologies and explore examples where they can be used to aid with providing strategic business direction, optimizing skillsets and use of technology, and maintaining governance, control, and risk frameworks.

Description: This article looks at how the underwriting process has transformed from a paper process to become fully online. Not only has the process been digitized, there has been various innovations incorporating technology thus enabling large volume process automation, better customer experience as well as higher closing ratio. Other than improvement on speed and efficiency, various smart solutions are being explored to refine risk management through data mining and analysis of underwriting data.

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

Description: Global megatrends in technology are disrupting the life insurance industry.

Description: An overview of how the actuary's role will evolve as technology improves.

Description: Members of the American Academy of Actuaries’ Solvency Committee have put together an acronym reference chart. This handy guide can be folded up to fit in your wallet and quickly reviewed so you can fearlessly enter an elevator.

Description: Discusses useful resources for actuaries available on the Web.

Description: Describes Web 2.0 and discusses its benefits.

Description: Article that discusses Web 2.0 and associated strategies for productively using today's social media.

Description: As the insurance industry struggles along with the rest of its financial services brethren to operate in the current global recession, it must consider the true value of innovation. Insurers should reduce the focus on improving what they know how to do and look to what they could be doing in light of the change that swirls around them.

Description: This article discusses the procedures, advantages and vendors of web conferencing services.

Description: Using the Internet as a Pricing Tool clinical background information, defining the change in coverage, collecting data, data quality and data limitations. Issue No. 39.

Description: Discusses the evolving role of technology within the actuarial profession and the current use of electronic bulletin boards on the internet.