2018 predictive analytics symposium - member | soa · 2018-10-05 · important lessons you have...
TRANSCRIPT
![Page 1: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/1.jpg)
2018 Predictive Analytics Symposium
Session 40: General Session: View from the Top: Panel of Industry Leaders on the Future of Insurance
SOA Antitrust Compliance Guidelines SOA Presentation Disclaimer
![Page 2: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/2.jpg)
Panel of Industry Leaders on the Future of InsurancePresenters: JJ Lane Carroll, FSA, MAAA; A. Greig Woodring, FSA, MAAAModerators: David L. Snell, ASA, MAAA; Xiaojie “Jane” Wang, FSA, CERA
![Page 3: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/3.jpg)
What are the most important lessons you have learnt from the implementation of predictive analytics s trategy and projects in your organization?
22
![Page 4: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/4.jpg)
How is predictive analytics a disrupter -different from technology advances in the past?
33
![Page 5: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/5.jpg)
How do you find the sweet spot of predictive analytics?
44
![Page 6: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/6.jpg)
What about regulatory hurdles to Predictive Analytics?
55
![Page 7: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/7.jpg)
What are some of the new types of data we are encountering; and what can we expect in the near future?
66
![Page 8: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/8.jpg)
The infrastructure can be daunting. Does s ize determine success in this new environment?
77
![Page 9: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/9.jpg)
How do you optimize a predictive analytics s trategy?
88
![Page 10: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/10.jpg)
How will PA models of the future differ from those in use now?
99
![Page 11: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/11.jpg)
How might technology change the logis tics of insurance?
1010
![Page 12: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/12.jpg)
What advice do you want to share to keep an insurance company from becoming obsolete?
1111
![Page 13: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/13.jpg)
How can actuaries stay viable in a world focusing more on PA? Will the data scientis ts make actuaries obsolete?
1212
![Page 14: 2018 Predictive Analytics Symposium - MEMBER | SOA · 2018-10-05 · important lessons you have learnt from the implementation of predictive analytics strategy and projects in your](https://reader033.vdocuments.us/reader033/viewer/2022042811/5fa3105f12b5bb033b50f3ea/html5/thumbnails/14.jpg)
Questions from audience
13