Description: This session is an in-depth interview of two actuaries turned Artificial Intelligence (AI) experts. We aim to have a conversation that gleans into each of their journeys and what led them to the path they are now on. We will open up the last ten minutes for audience questions. At the conclusion of this session, attendees will know Eric and Joe much better, have an understanding of what AI/machine learning/data scientist work is like for actuaries, and, for those who are curious to get more involved with AI, some encouragement to pursue their interests.

Description: As the speed of technological innovation increases, actuarial leaders are trying to determine how to use emerging technologies to unlock more business value and improve competitive positioning. This includes enabling new capabilities, improving process efficiency, and increasing the effectiveness of human capital. The session will discuss what we are hearing from clients who are in the process of transforming their business, how they are approaching these transformations, and what they are focusing on. This will include different aspects of transformation, including visualization dashboards, data science applications, no-code platforms, automation, data, and the cloud. Find out how organizations are thinking of human capital and collaboration between actuaries, IT, and other professionals.

Description: The recent wave of innovation in GenAI has unlocked an entirely new category of AI applications. Whereas AI has traditionally focused on automation and predictions, LLM’s and Generative AI give us the opportunity to create AI applications that act as copilots. This emphasis on contelligence and empowering knowledge workers has already begun to change the way work is done. High expertise knowledge workers such as actuaries will be able to use this wave of AI Apps to make better decisions and dedicate more of their attention to the parts of the role that require domain expertise and judgement. Join Charles Morris, Microsoft’s Chief Data Scientist for Financial Services, as he talks about the latest advancements in this space and the opportunities it creates for expert knowledge workers. Charles Morris is the Chief Data Scientist for Financial Services at Microsoft. Charles has deep expertise in the financial services domain and works with many of the world’s leading asset managers, banks, insurance companies, and financial platforms to develop and execute their AI strategies.Currently, Charles is focused on applying Generative AI to financial services and advising many top financial institutions in building their own copilots and reimagining their businesses.Charles is a data scientist and machine learning engineer by profession and an expert in MLOps. Before joining Microsoft, Charles practiced data science, machine learning, and cloud engineering in the asset management industry. He has been a featured keynote speaker at several prestigious events and forums and is a highly sought after public speaker in the domain of AI and Innovation.

Description: The advent of emerging technologies such as blockchain, decentralized AI, and advanced privacy preserving techniques have created the possibility that billions of individuals may be able to maintain sovereignty and control of their own data. As data becomes increasingly valuable as the means of production for a variety of digital goods and services, this self-sovereignty of data may create a new economic framework of individualized data monetization. This session will explore the key factors, technologies and mega-trends in health and medicine aligning to drive this new economy and explore what the future may look like from a data valuation perspective as the current $120 billion secondary market for health data expands to include consented health and health-relevant data from more individuals, to the benefit of all individuals and the healthcare system as a whole.

Description: Catch up on conversations being had around the use of cloud computing. A panel consisting of a broad group of experienced actuaries on the front lines of implementing models within cloud environments will discuss the following topics: - Assumptions and calculation methods for optimizing runtimes - Strategies for reporting - Parallelization of calculations - Use of open systems to optimize runtimes - Organization of modeling teams to mitigate waste - Key machine specifications that impact runtime

Description: This session will explore the considerations and best practices for developing AI tools that are useful, safe, and transparent for actuarial work. While large language models (LLMs) offer exciting possibilities, it is crucial to understand when and how to use them effectively. The session will cover key concepts of LLMs and case studies on developing AI tools for retrieval-augmented generation and summary creation of actuarial documents. Attendees will learn about the importance of designing workflows that nudge users towards safe and effective processes. By the end of the session, participants will gain insights into the responsible use of LLMs in actuarial practice and learn how to leverage their potential to support professional growth.

Description: The landscape of the reinsurance industry is evolving amid profound changes in the insurance sector. Innovation is vital for reinsurers as risks become more complex and insurers transition from a role of "protection" to "prevention." Successful reinsurers are responding to market dynamics, particularly through open innovation – collaboration with startups.

Description: Understanding how to effectively adopt AI is critical to staying competitive. This session will guide you through the five stages of AI adoption, with a deep dive into two key stages: Operational Optimization and Collaborative AI Integration. You will learn how to harness AI to streamline operations and boost efficiency, while also exploring the nuances of integrating AI in decision-making to enhance outcomes through human-AI collaboration.If you are seeking practical insights on maximizing AI's benefits while maintaining human oversight, this session will provide the tools and strategies to help you do just that—ensuring that your AI adoption journey is both effective and aligned with your business goals.

Description: Blockchain and cryptography have seen significant adoption around the world. While still in early stages, it has started to make an impact in finance, gaming, and metaverses industries. Organizations have even began to provide insurance services on blockchain. Although insurance 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 space.

Description: Session 2– Going Deeper through examples InsurTech (1) identifies a pain point to the industry, (2) brings a technology solution to address the shortcoming with a (3) business model that makes sense for all. Expect an illustration of this three-point structure through a handful of start-ups from various backgrounds (health, life, general operation) dealing with various aspects of the insurance value chain (acquisition, risk management, back-office…).