Description: Healthcare cost is increasing at 9.3% in Asia in 2017 and health insurance cost will eventually catch up, making healthcare unaffordable to aging populations. Inefficiency in healthcare system is a contributing factor. In this session, use cases on how AI is impacting the health insurance operations on 3 core challenges. Document processing: A lot of documents are generated in the healthcare ecosystem, medical reports, diagnosis, invoices etc. Currently most of the documents are still reviewed manually and rely heavily on users’ judgement. Customer engagement: Customers are generally under distress and feel rejected during the claim process. It is due to the time and process needed to get the information they look for, the gap between the sales and claims process, and the reimbursement amount. Claim settlements: Claim adjudication is a technical process that review the disease, treatment and policy coverage. The process is specific to disease and difficult to be generalized. Thus, the process is far from consistent and invites fraud, abuse and wastage in this area.

Description: How the speed of change is accelerating and how we could react to this as a profession.

Description: The purpose of this report is to demonstrate how artificial intelligence applications have grown since their infancy and invite the reader to consider the vast data at our disposal for the future.

Description: A literature review report that looks at research on how artificial intelligence is used in actuarial work.

Description: View the Data Challenges in Building a Facial Recognition Model and How to Mitigate Them

Description: There is enormous interest by investors and business leaders in the potential for artificial intelligence technologies, often powered by predictive modeling and machine learning, to transform the way that companies do business.

Description: Ignite-style presentations feature presenters with 20 slides, automatically advancing every 15 seconds. The result is a fast and fun presentation which lasts just five minutes. The first portion of this session will feature insurtech innovators doing Ignite-style presentations on various insurtech topics. Then, stick around for the second portion when all presenters will take part in a moderated, talk show-style discussion. You'll get a chance to ask questions and dig deeper into the topics you just heard about. Find out how you can be part of the insurtech revolution. Be prepared for a fast-paced, thought-provoking session that you'll remember long after it ends!

Description: Big data, predictive analytics, machine learning and AI will likely transform the insurance market and the actuarial profession. The actuarial profession is seeing changes many markets, including health and property and casualty. This article describes these trends and provides an introduction into what companies and the Society of Actuaries (SOA) are doing to adapt and capitalize on these trends.