Our insights articles, based on industry research and hands on experience helps readers bridging the gap between an industry challenge and the potential technology solution to solve those challenge
Preliminary findings from Actuartech and Montoux's "The Evolving Role of the Actuary" study.
It was a beautiful Autumn’s day and we were joined by experts across the insurance and finance industry, including Chief Risk Officers, Fintech Professionals, Risk Management Consultants, Actuaries, and Data Scientists.
Our actuarial forefathers made a breakthrough discovery. By studying data, they recognised patterns and determined that the past could be used to predict the future. Today, actuarial modelling is based on a similar concept.
An insurance company receives premiums, manages reserves and pays out claims. Traditionally actuaries have been using the claim data to assist them with calculations of premiums and reserves and to perform actual versus expected claims comparisons.
Integrated compliance processes in combination with an automated workflow framework will give continuous insight into the impact of regulations on every aspect of the insurer's operations.
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