Five Insights Gleaned from the Casualty Actuarial Society Ratemaking, Product, and Modeling Seminar
Earnix recently attended the Casualty Actuarial Society Ratemaking, Product, and Modeling Seminar (CAS – RPM) event in Chicago, Illinois. While the conference covered many innovative topics on trends in telematics, usage-based insurance, and regulation – Earnix was there to present specifically onRead More »
Machine Learning for Financial Services: Hype or Reality?
There’s an ongoing debate as to whether new trends in machine learning are mere hype or are actually providing tangible business value and helping shape financial services pricing and offering strategies. A survey of about 200 global insurance professionals conducted by EarnixRead More »
Are You Ready for the Evolution-Revolution Mindset?
This is the year in which a new mindset will take hold—and large financial services companies better be ready to embrace this new way of thinking. We’ve seen the arrival of countless startups in the industry that have the capability to transformRead More »
Customer Experience and Machine Learning: Future Roadmaps
In my first blog post on the topic – Customer Experience and Machine Learning: Practical Applications – I discussed how machine learning techniques are being used today by financial services organizations to achieve business benefit. Insurers and retail banks are using machineRead More »
Customer Experience and Machine Learning: Practical Applications
The notion of using analytics to improve customer experience has changed the landscape and thought process of businesses over the past several years. As machine learning becomes further democratized, or more pervasively available, it is making its way into many enterprise softwareRead More »
How Insurers Can Better Understand Multi-Product Customer Behavior – Machine Learning Can Help
It’s all about the data. That’s the message I kept hearing at the CAS Ratemaking and Project Management conference in San Diego this spring. The message was so strong, that I was asked to present my seminar, “Multi-Product Optimization: Challenges and Opportunities”Read More »
Is Machine Learning a Threat to the Actuarial Profession?
Man vs. Machine: 10 years ago, I would never have guessed that I would be writing about this topic with such serious concern. Yet, some people are predicting that machine learning technology will produce a jobless future for certain professions, including actuaries.Read More »