Description: The SOA launched the Actuarial Innovation & Technology Strategic Research Program earlier this year, focusing on projects in which technology is being used in actuarial work. The presenters will highlight reports from the program including a review of the Top Actuarial Technologies of 2019, the growing use of cloud computing and its impact on furthering and deepening actuarial analyses, and the growing innovative approaches using non-traditional data sources for risk selection and segmentation and its intersection with industry regulation. An overview of this new SOA research initiative and key findings from recently released reports will be covered.

Description: Technology is transforming the retirement space and more changes are expected in the future. Join a panel of experts to discuss what are the opportunities, trends and challenges associated with new technologies in the retirement landscape and how it is expected to impact consumers, if we can enable their successful integration.

Description: This second session in the series examines responses to the changing workplace landscape from outside the insurance industry. Using a question-and-answer approach with our panelists, this session focuses on practical approaches to identifying new opportunities, and ways in which traditional products and sales channels are changing to meet emerging needs. Compared with other vertical financial services, the life insurance industry has a very low level of 'touch' with its customers. Communication with customers is often limited to the annual mailing of premium invoices. Wellness platforms offer life insurers a means to increase customer engagement, building stronger brand affinity and improving persistency. Life insurers can also leverage customer data collected through the wellness platform to streamline the underwriting process for cross-sales, increasing volume and efficiency.

Description: Read the October 2020 issue of Actuarial Technology Today published by the Technology Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

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

Description: "The following video Dave Friesen provides a comprehensive overview of the Artificial Intelligence and Data Science learning track. It covers the role of AI in actuarial work, ethical considerations, and the challenges and limitations of AI. The document also discusses the importance of cloud ecosystems, AI tools, and automation trends, emphasizing the evolution of platforms like Python and low-code solutions. Additionally, it highlights the criticality of lifecycle management, governance, and data foundations in AI applications.

Description: Predictive modeling continues to gain traction in the life insurance industry with the rapid growth of available data and maturity of open source tools. New methods and technology in predictive analytics have enabled the evaluation of extremely large data more quickly and allow us to incorporate features previously not considered. The presenters will provide background on predictive modeling tools and algorithms utilized by actuaries and data scientists for life insurance, highlighting applications from marketing to underwriting.

Description: The article urges actuaries to see AI not just as a tool but as a strategic partner, drawing parallels to past transformative technologies like the printing press. Using NAIC survey data, it shows AI adoption is surging in health and auto insurance, lagging in life. It outlines AI’s potential to boost productivity, improve data quality, and enhance contract analysis, while warning actuaries to master AI before others use it to evaluate their work. Ethical standards demand transparency and fairness, making responsible AI use part of professional duty. Historical examples—like James C.H. Anderson’s 1970s cash flow testing breakthroughs—highlight how visionary actuaries can redefine the profession. The article applies Harvard professor Jeff Bussgang’s “hair-on-fire” innovation lens, suggesting AI-powered, urgency-driven insurance products, akin to Y2K coverage, could revolutionize offerings. It calls on actuaries to address protection gaps, discrimination, and industry opacity through AI-enabled fairness. The message: courage, creativity, and proactive adoption will let actuaries shape—not just survive—the AI-driven future. The closing reflects on the author’s tenure with the SOA Reinsurance Newsletter, framing this as a final, forward-looking call to action for actuaries ready to lead in a transformed insurance landscape.

Description: "This video discusses the importance of AI model governance, cloud services and data management. It informs particularly in low-code and co-pilot systems, and the necessity of robust lifecycle management for risk mitigation. It highlights how cloud platforms like AWS, Azure, and Google Cloud are revolutionizing AI through scalable and efficient services. Additionally, the video emphasizes the critical role of effective data management and governance to ensure high-quality, compliant, and ethical AI outcomes.

Description: The barrier between humans and machines continues to blur, but curiously, this may have been prediction thousands of years ago in ancient myths. This article looks to how some of the early legends are becoming manifest in modern technology, particularly in the area of elder care. From automation, to humanoid assistants, to mind clones will the age of technology bring a new utopia?