As we embrace our new approach for the profession with the 'Actuaries use data for good' campaign, it is important to consider the influence of digital healthcare technologies and the Internet of Things. Here, we take a quick look at the developments in these two areas.
Insurtech has been a hot topic in the insurance industry and actuarial profession over the past decade. The Institute and Faculty of Actuaries’ General Insurance Insurtech Working Party recently published a report titled 'Insurtech – Applications in General Insurance'. The report discusses the developments and impacts of insurtech on the future of the industry. This article provides a summary of key discussion points therein.
Over time, the topic of gender and sexual identity has become more prominent. Gender equity is an important topic for society, and actuaries and life insurers have a defining role to play in providing a fair and valuable product to all members of the community.