The 2023 International Congress of Actuaries (ICA2023) brought together industry leaders and actuaries worldwide to explore the challenges and opportunities for actuaries. Over the years, SAS has emerged as a variance and regression analysis software, revolutionising the actuarial field. Since then, it has evolved into SAS Viya 4.0, a cloud-native
My recommendations for action for all those who want to sharpen their target picture now Digitisation in the insurance industry continues to advance. Although every insurance company is moving at its own pace, there is a lot happening in the specialist areas: In marketing, projects around the customer journey are
Actuarial practice has always been analytical—so how much is advanced analytics disrupting this element of insurance? We discussed this issue in a recent #SASchat. The importance of competitive pricing Analytics is now being used in more and more areas in insurance, and particularly to tailor pricing more precisely to customers’
Digitalization, big data and AI are changing the role of insurance and, therefore, the role of actuaries. A lot of reports – like McKinsey’s Insurance 2030, Deloitte’s “The Exponential Actuary," or the Big Data and Insurance report by the Geneva Association (a leading think tank of insurance CEOs) depict aspects
Whenever I talk to actuaries across EMEA, they are very consistent in the many anchor points they see for actuarial modernization in order to be future-proof. In this article, I would like to share some of them. Anchor points for actuarial innovation The most time-consuming task is, of course, getting
