Insurance Industry Response to Climate Change

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climate change

Ever heard of a protection gap for climate change? It is the difference between total economic losses and insured losses. Maurice Tulloch, Chairman of Global General Insurance at Aviva and Chairman of ClimateWise, says finding a way to provide insurance for the most vulnerable assets in society is crucial if the insurance sector will remain… Read more »

I’m an Actuary. How I Can Become a Data Scientist?

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You’ve earned your ACAS or your FSA. You’re pleased with your level of success but a little concerned about your distance from actual statistical work. How can you continue to move ahead in responsibility and compensation, yet do the work you love? Data Science is fulfilling this need for Actuaries. How do you become a… Read more »

IoT and Insurtech: Revolutionaries of the Insurance World

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The insurance industry is one of the oldest business models around. There are many reasons for its longevity, but the chief reason is that it is incredibly cautious, risk driven and favors experience above innovation. Insurtech aims to wring out efficiency and savings from the incumbent insurance models through this much-feared innovation. It explores areas… Read more »

I’m an Actuary. Can I be a Data Scientist?

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Actuary Becoming a Data Scientist

The data science revolution is impacting actuarial careers.  We are re-running our very popular 8/8/16 blog titled:  I’m an Actuary.  Can I be a Data Scientist? to open the discussion on how actuaries can augment their skill set to take advantage of the explosion of available data.  What do you need to do as an… Read more »

Why Being an Actuary is So Exciting!

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Why Being an Actuary is So Exciting!

An actuary’s primary responsibility is to calculate expected insurance losses and risks. Seem boring? Too Vanilla? Not true! While the existing stereotype about a career in insurance is that it will be boring, the reality is actually quite different. Insurance is on track to become one of the most diverse and exciting industries for two… Read more »