Description: Bias Awareness in Model Governance

Description: The purpose of this report is to examine, from an actuarial perspective, how well current evaluation techniques serve the needs of key decision-makers, such as payers, providers and consumers, and to provide guidance on how to apply the various techniques during the decision-making process. This evaluation will be based on two assessments prepared by the sponsor of this research, the Peterson Health Technology Institute (PHTI), a nonprofit initiative that provides independent evaluations of innovative digital health technologies to improve health and lower costs. Using evidence-based research, PHTI analyzes not only the clinical benefits of a new technology and its potential financial impact, but also the impact on equity, privacy and security.

Description: This is a collection of essays on this topic published by the Society of Actuaries Research Institute in 2024 which discusses the risks emerging from artificial intelligence (AI) widespread use, including short-term risks like privacy erosion and economic disruption, as well as long-term risks like existential threats and biased decision-making.

Description: The report is a framework for digital asset risks with insurance applications authored by Zhengming Li, Jianxi Su, Maochao Xu, and Jimmy Yuen. It discusses the growth and risks of digital assets, focusing on cyber risks and the development of insurance products to manage those risks.

Description: The document is about the post-wildfire drinking water crisis and its implications for the insurance industry. It discusses the contamination of drinking water systems by wildfires, remediation strategies, financial considerations for the insurance industry, and potential contributions from the actuarial community.

Description: This document is a methodology guide for the Long-Term Care Population Research Model developed by the Society of Actuaries Research Institute in November 2024. It explains the model's purpose, framework, data sources, user inputs, calculations, and outputs related to public long-term care benefits.

Description: The InsurTech New York conference was held on March 28-29, 2023. The Conference theme was Partnerships, Claims and Underwriting. Current market conditions are such that funding shrank significantly as reported by Gallagher Re, with 2021 record annual funding of $15.80 billion dropping to $7.98 billion in 20222. With such reality in mind, this report highlights what we collected from attending pre-conference events and sessions at InsurTech, while networking with peers, industry experts and startups over the two-day event.

Description: This paper is an introduction to AI technology designed for actuaries to understand how the technology works, the potential risks it could introduce, and how to mitigate risks.

Description: These contextualized insights were gathered during the InsurTech Insights USA Conference, held on June 7-8, 2023, in New York with numerous SOA members attending.

Description: Mortality improvement rates for AG38 for 2017.