After all the Christmas parties and new year dinners are over, many would like to forget embarrassing behavior or over-indulgences of the season. By way of putting all that behind, it’s not uncommon for most to start the year by embracing a sober regime, diet and even a few New
The single most costly employee benefit for any organization is health insurance, and the price is going up. From 2003-2009, the costs per hour worked for employee health insurance increased from $1.03 to $2.00. These costs continue to increase from 5%-7% per year. The reality is that employee health insurance costs will continue
Contributed by Rex Pruitt, IFSUG Chairman ~ During SAS Global Forum 2011 in Las Vegas, a small group of users gathered to organize the first IFSUG (Insurance and Finance SAS Users Group). Today, there are more than 370 enrollees in IFSUG Constant Contact, 60 members in the IFSUG LinkedIn group
Unlike any other software vendor, SAS has one of the most vibrant and engaged user communities in the world. SAS User Groups (SUG), communities formed and managed by SAS users, are in place all over the world. In the US alone we have regional and local SUGs as well as
I feel the experience of participating at SAS Global Forum year after year is like relishing a warm brownie! It’s the same treat but a unique experience every time. Subtle changes in the ingredients can lead to a unique and enhanced flavor. The team behind the scenes works hard to
This year, SAS joined the Coalition Against Insurance Fraud (CAIF). Not long ago I had a chance to attend my first CAIF meeting and I was very impressed with what I saw and heard. Fraud continues to be a thorn in the side of the insurance industry. The most recent
Unemployment Insurance, mandated by federal statute and administered by states, is designed to provide a temporary safety net for workers who lose their jobs. Due to the recent economic downtown and increase in unemployment, unemployment benefits paid have doubled nationally from $38B in 2008 to $75B in 2009. However, is
Have you ever heard the saying, “Products that don’t perform won’t be trusted, and products that can’t be trusted aren’t worth the machines they’re coded on”? Maybe not, because I just made it up. But at SAS, as we continue to create products that perform and change the world, we
Imagine for a moment: You’re a single parent working to make ends meet as you balance rent, bills and the cost of living. Add on losing your job. Then, food assistance and health care access become incredibly important to your family. Millions of households receive social safety benefits. In the
There's a lot to gain for insurers that move fast enough to adopt promising applications of trustworthy AI.
The world has come a long way in gender equality over the past one hundred years, but there is still room for improvement. In every journey toward equality, it’s important to have allies to help support and promote unheard voices, which benefits everyone involved. In the fifth post in this
International Women’s Day is an opportune moment to celebrate the achievements of women, specifically those combating climate change with technology. Among the inspiring stories is the women-led team of data scientists known as the StaSASticians, winners of the insurance track of the 2023 SAS Hackathon. No beginner’s luck, just accessible
If your organization aims for longevity, resilience is a muscle you want to build. The 5 Resiliency Rules: Speed and agility Data culture and literacy Curiosity Innovation Equity and responsibility I know resilience has been a hot topic in recent years, and for good reason – it can make or
산업별 당면 문제 해결과 맞춤형 첨단 서비스 제공에 AI 활용도 증가 AI 관련 신규 일자리 창출과 직원 업무 성과 지원, 기업 의사 결정에 긍정적인 영향 줄 것 AI는 이제 더 이상 미래 공상 과학 이야기가 아닌 우리 삶 속의 현실이 되어 버렸습니다. 앞으로 AI 기술은 어떤 모습으로 변화, 발전할
SAS, 권위 있는 Chartis RiskTech 100®에서 2위 기록 새롭게 선보인 ‘행동 모델링’ 및 ‘금융기관을 위한 인공지능’ 포함 7개 부문 수상 AI 및 분석 부문 선두기업 SAS가 리스크 기술 공급업체 상위 100대 기업을 평가하여 순위를 발표하는 Chartis RiskTech 100(차티스 리스크텍 100)에서 종합 2위를 차지하는 동시에, 7개 주요 부문에서 수상하는 쾌거를 거두었습니다.
Katie King has interviewed subjects from many walks of business life for her books: academics, venture capitalists, executives from high-profile brands and telecommunications companies. Among them, one that made a lasting impression was an artist: Ai-Da. King interviewed the artificial intelligence-powered humanoid robot artist for her 2022 book AI Strategy
Stu Bradley discusses the importance of education, diligence and analytics in the fight against fraud.
La industria aseguradora lleva años apoyándose en la Inteligencia Artificial (IA), concretamente en el procesamiento del lenguaje natural (NLP), para automatizar sus procesos más complejos y mejorar así su eficiencia. Sin embargo, con la llegada de la IA generativa y los grandes modelos de lenguaje (LLM) se ha acelerado la
Much of the discussion around how to manage the advanced forms of artificial intelligence—machine learning, generative AI, large language models—deals with them only as technologies. This is a mistake. Like any employee, AI must be onboarded to learn "how we do things around here." Advanced forms of AI have characteristics
Did you know that approximately one in 28 children grows up with a parent behind bars? That’s not just a number – it’s a glimpse into the lives of young people who face this challenge and need support to break the cycle. According to the US Department of Health and
The extreme temperatures that hit the UK in 2022 – the heatwaves of the summer followed by cold snaps in winter – were a reminder that the climate is becoming increasingly volatile. Globally, the weather conditions were even more challenging, with droughts, famines, wildfires, flooding, and hurricanes reported worldwide. All
October 10th is World Mental Health Day. For 2023, the World Health Organization has chosen the campaign theme: Mental health is a universal human right. Per their statement: This includes the right to be protected from mental health risks, the right to available, accessible, acceptable, and good quality care, and
SAS' long-standing commitment to academia and finding innovative applications for analytics to solve real-world problems is a core pillar of our purpose. In 2022, we introduced our first cohort of students from the University of New South Wales (UNSW) in Australia working with SAS' thought leaders to explore the work
La digitalización del sector asegurador ha transformado la manera en que estas compañías ofrecen sus servicios. Las nuevas necesidades de los clientes, que ahora son más digitales y, por tanto, demandan rapidez, autenticidad y personalización en todos los servicios que utilizan, han impulsado un sector considerado hasta este momento tradicional.
As we bid farewell to another successful SAS Explore, let’s reflect on the exciting announcements made during the Day Three general session in Las Vegas. Jared Peterson, SAS Senior Vice President of Research and Development, set the stage for a closing session focused solely on our users and customers. We
When I started my career as an actuarial student in the early 2000s, being successful required a good actuarial exam passing rate and good modeling skills in Visual Basic for Applications (VBA) or using SAS® to code. However, just as SAS never stands still in data analytics, the skillsets required for
AI has captured the general public's imagination, so it was no surprise that it was nearly the only topic of conversation among data professionals at this year’s Chief Data and Analytics Officer (CDAO) conference in London. Of course, AI and machine learning are not new concepts for those working in
Disaster and insurance have always shared a symbiotic relationship – one begets the other. In 2022, insurers shouldered historic underwriting losses. Worsening results continued in Q1 of 2023 for the US property and casualty (P&C) industry, posting its first and largest net underwriting loss in the first quarter in 12
Más del 5% de los ingresos anuales de las aseguradoras se pierden ante la perpetración del fraude, del que se registran un promedio de 2 mil 500 casos por año, divididos en 125 países, de acuerdo con la Asociación de Certificadores de Fraude de Estados Unidos. Estas cifras incluyen sólo
In summer 2020, we launched our strategic partnership with Microsoft, announcing our plan to work together to help our customers. With world-class data and analytics, we are helping them solve their most critical business challenges using SAS® Viya® on Microsoft Azure. In just three short years, we’ve made tremendous strides toward our
