Michael Berger

What if your modeling strategy could deliver deeper insights and greater value? Last week, Josh Meyers, FCAS, Actuarial Data Scientist at AKUR8, teamed up with the Casualty Actuarial Society (CAS) to share how advanced modeling techniques can unlock new possibilities for actuaries. From moving beyond traditional loss modeling to tackling complex challenges, this webinar is packed with actionable insights. 💡 Missed the live session? No problem—it’s now available on demand by clicking the link below! Viewing the webinar requires a CAS membership OR you can register for a free account. Click here to watch 👉 https://lnkd.in/gc-dkPRW #machinelearning #actuaries #predictiveanalytics #insurance #insurtech

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🚨 California's Insurance Industry Takes a Major Step Forward 🚨 A new wildfire catastrophe modeling regulation in California is set to transform how insurance companies assess wildfire risks. The final phase is now open for public input. This new approach aims to: - Innovative Modeling: Introduces the first-ever regulation requiring insurers to incorporate advanced wildfire models in rate filings. - Public Input: The draft regulation, expected to take effect in December 2024, is open for comments. - Climate Considerations: Ensures models include future climate change risks and account for community-specific mitigation efforts. - Wildfire Mitigation: Requires transparency on how wildfire mitigation measures affect insurance rates. - Consumer Protection: Aims to restore and improve insurance availability for residents in wildfire-prone areas. * Join the discussion and help shape the future of California’s insurance landscape! 👉 To read more, the link is available in the comments section.

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Predictive models and machine learning have long been used for group health #underwriting—but now they’ve been refined to assess group-level claims risk in the stop loss and level-funded markets. Join Dan Becker and Joshua Panfil, FSA at the 2024 Society of Actuaries Health Meeting, June 23–26, to learn how you can use these proven tools to estimate large claims #risk and optimize your business outcomes. #SOAHealth 

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Live from the GIRO Conference! Our Director of Professional Services, Oren Kohavi, is leading an intriguing workshop on implementing Machine Learning in the pricing process. Don't miss his key insights! Institute and Faculty of Actuaries #actuaries #insurance #machinelearning

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Moody's to Acquire CAPE Analytics, Adding AI-Powered Geospatial Property Risk Intelligence to Its Industry-Leading Insurance Risk Models https://lnkd.in/df3NbRcq #fintech #blockchain #crypto #bitcoin #cryptocurrency

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Holborn’s Dan Zitelli, co-head of catastrophe modeling, discusses the evolution of cat modeling with Insurance Business. Check out the full article at the link below! #insurance #reinsurance #catastrophemodeling

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Cowbell’s Sr. Actuarial Analyst Benjamin Ticali will be discussing ways to quantify cyber insurance risk with Oliver Wyman’s Andrew Duhancioglu during tomorrow’s Casualty Loss Reserve Seminar. We’re excited about the opportunity to speak about cyber risk from an actuary perspective. Don't hesitate to reach out to learn more. American Academy of Actuaries #CLRS24 #CyberInsurance #InsuranceRisk #MoreCowbell

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What’s new in artificial intelligence (AI)? In the first of my new series of quarterly article + video updates, I share recent technological advances and outline their relevance to the insurance industry. This installment considers different AI model types and how to evaluate them. Have a question or comment? Join the conversation. https://bit.ly/3ZQ8jUy hashtag #genai #insurtech Reinsurance Group of America, Incorporated

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"We need to launch this product in 3.5 months." Every insurer faces this pressure. But when Excel-based actuarial models typically take 6-12 months just to recode for production, how do you square that circle? One life insurer found a way to compress their entire product development cycle - from actuarial modeling to advisor-ready sales platform - into just 60 days. 🏁 Learn how they did it with Coherent Spark: https://hubs.la/Q02_rTgp0

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See how Portals from EIS help insurers make all parts of the insurance lifecycle—from buying to quoting to claims—more efficient and pain-free for all users. Click below to learn more! ⏬

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Discover how Loss Scan's AI-powered software revolutionizes the insurance industry by quickly extracting actionable data from PDF Loss Runs. Save time, improve accuracy, and reduce costs. Request a demo now! 💼💻🚀 #InsurTech

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Insurers that continue to evolve their risk modeling gain a competitive edge in underwriting and risk management. Check out a new article, by Guidewire's Tammy Nichols Schwartz, that explores the future of risk modeling, and learn how AI, machine learning, and real-time IoT data will drive more accurate and resilient decision-making. 💡📊 https://lnkd.in/g5_7Ch3c #Guidewire #HazardHub #insurance #riskmodels #catastrophemodels #WildfireRisk #AI #innovation

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