Insurance 2020: Are Actuaries being replaced by algorithms?

Dec 2015

The emergence of sophisticated algorithms is fundamentally changing how insurance is priced and sold. The role of the actuary needs to adapt to these changes as demands on insurers keep pace with consumer expectations.

With the proliferation of data and a smarter, interconnected world, specifically in Asia; actuaries should embrace the paradigm shift of digital which will allow insurers to offer products more tailored to customer needs, applying self-learning algorithms which adapt in-step with human interactions. Read our full report to find out more.

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