A new statement from the Canadian Institute of Actuaries (CIA), Big data and risk classification: Understanding the actuarial and social issues, says that using big data derived from new technologies can contribute to the healthy functioning of insurance markets.
The impact of big data on insurance ratemaking
Big data and risk classification: Understanding the actuarial and social issues is the CIA’s latest policy statement. In this episode of the podcast, Matt Buchalter, FCIA and Chris Cooney, FCIA speak about the need for this statement, the benefits that increased data collection can have on insurance ratemaking and society, how policyholder privacy is paramount, and how data collection is expected...
In conversation with Naomi Bazak
A conversation with Nancy Hudson
The impact of mental health claims on group benefits: More than meets the eye
Episode 64 of the Seeing Beyond Risk podcast discusses the evolving landscape of mental health along with the impact of mental health claims on group benefits plans and proposes many interesting strategies to help organizations mitigate rising costs. But things are not so simple when it comes to mental health and there are many aspects to consider. Here we will delve deeper into some of the...