Description: Interview on opportunities for InsurTechs in Life and Health reinsurance. Themes covered include digital distribution and digital health data. The article also shares insights into the role of the reinsurer when working with InsurTechs.

Description: New digital data known as alternative data is everywhere. Our industry has seen the financial, and hi-tech industries leverage new digital data to expand their key offerings and core services. From the lens of the global life and health industry, new digital data is still searching to be further understood. Risk assessment is a current focus area for using alternative data. A key question is even though risk assessment has always been data-driven, can it now move to the next level with the arrival of this alternative data. Can we use alternative data to make the risk assessment process quicker, cheaper, or faster thereby driving more sales and better conversion rates. It is an exciting time! With the increased adoption of health and well-being apps, data such as physical activity, nutrition, sleep, and mental wellness is now readily available. Expanded data such as digital biomarkers, IoT data, electronic health records and many more can also be accessed. However, how to effectively implement alternative data remains a challenge across the industry. We firmly believe it is, and will continue to be, imperative to take a structured approach to alternative data through a set of key considerations and a framework of principles.

Description: Blockchain and cryptography have seen significant adoption around the world, and while still in early stages, it has started to make an impact in a few industries such as finance, gaming, and metaverses. There are now organizations providing insurance services on blockchain. Although this 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 spaceThe presenters will first introduce basic concepts of the blockchain supported by a demo, while explaining how cryptography and distributed ledger technology (DLT) is used to make it work. We will further introduce consensus mechanisms so that participants understand how decentralized blockchains are governed without a centralized party. The session will then shift focus to the broader market and different uses of blockchain focusing on the insurance space, covering both the current and potential future use cases. By attending the session, you will: - Understand the basics of how blockchain and cryptography work, - Have a better understanding of the broad categories of the crypto market answering the question, 'why are there 10,000 crypto currencies and how do I navigate these?' - Understand how blockchain plays a role in insurance and why insurance is important to the blockchain ecosystem.

Description: The way customers and advisors purchase insurance products and interact with carriers has evolved rapidly in the last decade, reflecting the changing preferences in our digital world. Join this webcast to learn from a panel of experts on how they have approached these innovations in their own actuarial work and leave with a framework to manage risk through future change.

Description: The journey for microinsurance, nowadays called inclusive insurance, started a long time ago and is not complete in the majority of the low-income and low middle-income markets. When seeking to enhance inclusive insurance markets, it is useful and necessary to have a good understanding because it entails a different treatment of customers, distribution, products, pricing, client management, premium collection, claims declaration and settlement, and reporting.

Description: You’ve written the position papers, updated the models, and designed the required disclosures, but you may be wondering how to explain the results during interim financial reporting periods to company management as well as other stakeholders. This session will explore ways to adapt existing management reporting and offer ideas for new metrics. We will explore various methods for analyzing DAC amortization patterns, market risk benefit reserve patterns, and Liability for Future Benefits (LFPB) movements. In addition, this session will explore ways to integrate changes in LDTI with business planning and other broader business issues such as product pricing considerations and reinsurance strategy.

Description: Leveraging the research papers "Emerging Technologies and their Impact on Actuarial Science and Top Actuarial Technologies," the presenters of this session will highlight current and emerging actuarial technology trends, discuss how these trends will impact the day-to-day work of actuaries, and explain what actuaries can do to adapt.

Description: 4th University of California Santa Barbara InsurTech Summit 2023, April 14, Santa Barbara

Description: Discover the rapidly developing health and wellness industry during the Use of Health and Wellness Data in L&H Risk Assessment webcast. Our discussion includes the maximization of data usage through several different means, including current risk selection, creation of a dynamic ongoing assessment offering or substitution of traditional underwriting information to shorten the underwriting process. Come explore these different approaches as they affect the health and wellness industry. We will express the importance of a constantly changing data usage environment in order to better prepare insurers to maximize their data and drive health and wellness forward.

Description: As the insurance industry continues to rapidly evolve through influences of InsurTech, it is increasingly important for actuaries to be informed regarding InsurTech. According to a recent study, approximately 16 percent of all InsurTech companies are in the life insurance business. Major areas of focus have included pricing, policy administration as well as marketing, distribution and sales. The changes coming about through InsurTech impact actuaries directly. I Keep current by being informed regarding InsurTech activity. By attending the session, you will: - Learn about the latest developments in life insurance and annuities in InsurTech.