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Actuarial Innovator Profile Series Webinar: William Wilt

January 25, 2018


In a world of big data and artificial intelligence, some actuaries may feel powerless in their efforts to produce unique insights. But that needn’t be the case. Our next installment of the Innovation Council’s Profile Series will feature Bill Wilt of Assured Research. Bill will provide examples of how widely available data from myriad sources (often outside insurance) can be married with actuarial data to provide new and innovative insights into reserving, pricing, or business development issues.

In the discussion, Bill will examine how trends in federal judicial appointment and advertising for legal services can offer clues into ‘social inflation’ trends. Business development undertakings can be honed using a readily available data source, and recent problems in commercial auto reserving might have been more apparent had data from disparate sources been combined. The session will shed light on many sources of useful, external data and offer hope to actuaries concerned about being replaced by machines!

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