Insurance companies are working hard to renew their business models. A huge part of that is a modernised approach to actuarial practice, but why and how? I asked my colleague, actuary Diego Rivas. The insurance business looks like a smooth, calm river from the outside. Is that image misleading? DR:
A relação do SAS com a AGEAS Seguros, outrora AXA Portugal, começou há cerca de 20 anos, com o objetivo da então líder mundial em proteção financeira poder aceder a bases de dados e criar uma Data Warehouse. Estava assim dado o primeiro passo para uma relação de confiança e
Could smart cities and social media be the perfect match? Politics is a divisive issue and not simply from a philosophical standpoint. Different sections of society have very different engagement levels. We could postulate many reasons for this, but the real question is, how can government re-energise citizen engagement in
Most of us occasionally stand back and marvel at the meteoric rise of businesses succeeding in the algorithm economy. Not only are they steeped in data decisioning, but it’s also in their DNA. True, they are fortunate to be born of big data and in the advanced analytics era. But
One of the main reasons for the last financial crisis was that some of the analytical models used to estimate risk were incorrectly built and used. Resulting regulations on the US market including the Dodd-Frank Act and the Comprehensive Capital Analysis and Review (CCAR) therefore require the use of an
Model risk management is an important issue for companies in a number of sectors. All models – to predict demand, for example, or to support business decision making pose some risk. But both model complexity and regulatory requirements are increasing around the world, and model risk management is, therefore, becoming considerably
A few years ago, PwC announced that procurement fraud was the second-most commonly reported economic crime worldwide. It’s a broad term, covering everything from bid rigging and supplier collusion to duplicate invoicing and expenses fraud. In a nutshell, though, it’s what happens when your employees or supplier network fiddle the
Se nos perguntarmos qual a importância de um digital twin, podemos desde já considerar o exemplo da NASA durante a crise com a Apollo 13, e tal como foi dramatizado no filme “Apollo 13”, quando peças disponíveis aos astronautas foram colocadas numa mesa e solicitado a uma equipa de engenheiros,
Grappige TV-reclame, of Artificial Intelligence? Gelukkig heb ik meer verstand van verzekeren! Kent u deze slogan nog? De non-millenials onder ons vast nog wel. De tussenpersoon van de RVS (dat was een verzekeraar, beste millenial. En een tussenpersoon was: …laat maar…). Leuke TV-commercials waren het. Maar ja, waar zien we
As I have mentioned before, I am a gamer. I am also a hobbyist game developer and an employee. So it probably won’t come as a surprise that I am also interested in gamification. This is the use of game-like techniques in nongame contexts, especially but not exclusively business, with the
