Description: Despite the advent of COVID-19, autonomous vehicle (AV) market leaders continued to invest in technology and to establish partnerships with vehicle original equipment manufacturers (OEMs). This report provides a 2021 update on autonomous vehicles.

Description: Electronic Health Records (EHR) have increased in importance due to the in-person medical visit restrictions caused by the Covid-19 pandemic. Access to EHRs for insureds - apart from EHR vendors and providers - is now also prescribed by federal law. Combined, electronic medical data access has accelerated faster than expected. These trends are examined for potential impact and opportunities for actuaries in data aggregation.

Description: This research assesses the evolution of life insurers’ Actuarial Transformation efforts and the future outlook, with a focus on emerging Advanced Analytics techniques.

Description: On November 30, 2021, the SOA Research Institute assembled an industry expert panel to discuss current issues in actuarial technology. Each participant who volunteered to be part of the discussion was selected because of their management-level responsibilities for the application of technology in an actuarial context. The group was diverse in terms of employment, including company actuaries from life, health, and property/casualty backgrounds, as well as consultants from various kinds of firms. This document summarizes the discussion that occurred during the three-hour meeting. To encourage candor during the discussion, participants were assured that this report would not attribute comments to individuals or companies, so no names appear in the body of the report. The names of those who participated are included at the end of the report.

Description: The COVID-19 pandemic initially caused some health care services to shift away from in-person transactions to a digital form, including telehealth, e-mails, remote patient monitoring and other forms of communication. If sustained, numerous effects and counter-effects both in the cost and quality of care as well as long-term outcomes for patient health may emerge.

Description: The aim of this research is to survey emerging data analytics techniques and discuss their evolution and growing use in the actuarial profession. Data analytics’ applications in life and non-life insurance will also be provided.

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 (SOA) Research Institute released an updated report summarizing current issues regarding actuarial technology. In March 2022, for a second time, the SOA Research Institute gathered a panel of insurance industry experts for an update on current actuarial technology topics to help identify directions for future research efforts. This report summarizes their discussions on the Actuarial operating model, technology risk and open-source software.

Description: On November 30, 2021, the SOA Research Institute assembled an industry expert panel to discuss current issues in actuarial technology. Each participant who volunteered to be part of the discussion was selected because of their management-level responsibilities for the application of technology in an actuarial context. The group was diverse in terms of employment, including company actuaries from life, health, and property/casualty backgrounds, as well as consultants from various kinds of firms. This document summarizes the discussion that occurred during the three-hour meeting. To encourage candor during the discussion, participants were assured that this report would not attribute comments to individuals or companies, so no names appear in the body of the report. The names of those who participated are included at the end of the report.

Description: This primer paper seeks to introduce and update the actuarial profession to the topic of insurance policies and genetics and study the impacts on insurance and potential responses.