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.
The Singapore Actuarial Society's Data Analytics Committee and the Institute and Faculty of Actuaries' GI Asia International Working Party conducted a joint ‘Data Science for Actuaries’ survey in late-2021. What were the key findings, and how will they be utilised?
It takes bravery, poise and commitment to make the jump from the relative comforts of full-time employment to establishing a startup – especially in the rapidly evolving data analytics space. For tech entrepreneur, data scientist and actuary Sam Zheng, he has taken these challenges in his stride. Sam joins Meg Yang on the 'Driven by Data' Podcast to delve into his experience from setting up not one, but two artificial intelligence startups, how his actuarial skillset has helped him adapt to the innovative entrepreneurial world, and his essential tips for getting into the space.
How can we predict building claims costs in Small Medium Enterprises (SME) across Australia using advanced statistical machine learning techniques? Or group and price hundreds of different industries based on data and business knowledge? How should we deal with sparse data spread across hundreds of categories? Commercial insurers are searching for solutions to these ongoing industry challenges, as well as young talents to contribute to their solutions. Dr Fei Huang describes the UNSW Business School’s Sandbox Project, which aims to do just that.
Posted 2 February 2022
Posted 7 September 2021
