Man analyzing data on tablet in office

Actuarial Transformation

What does it take to win a price war? Join this actuarial transformation tweetchat to hear how leading insurers are using analytics to refine price strategies and construct policy retention models .

Discussion triggers

  1. What are the relative importance of competitive tariffs, optimized portfolios and real-time pricing?
  2. What is the significance of speed in quote decisions?
  3. How is the role of external data in risk assessment and tariffing evolving?
  4. What is the current profile of machine learning for risk assessment and pricing among insurance market leaders?
  5. What will it take for risk assessment and tariffing to be completely handed over to artificial intelligence?

Further reading

Transforming Actuarial Work With Better Risk Modelling and Dynamic Pricing

Beyond insurance accounting standards: A long-term vision

How do you adapt your insurance pricing strategy in the face of increased price competition?

Winning the price war or gaining the customer's trust?

The evolving role of actuaries for insurance innovation