2017 Ratemaking and Product Management Seminar and Workshops

Event Details

-

Marriott Marquis San Diego Marina
333 W Harbor Dr.
San Diego, CA 92101

February 27, 2017

About This Event

The 2017 Ratemaking and Product Management (RPM) Seminar Planning Committee invites you to join us in San Diego, CA for this three-day event that provides educational opportunities on Ratemaking, Predictive Modeling and Product Management.

Event Information

Marriott Marquis San Diego Marina
San Diego, CA
March 27-29, 2017

Online Registration is closed.

Please register on site in San Diego, CA starting SUNDAY, MARCH 26, 2017 at 3pm.

Download the Onsite Brochure

The 2017 Ratemaking and Product Management (RPM) Seminar Planning Committee invites you to join us in San Diego, CA for this three-day event that provides educational opportunities on Ratemaking, Predictive Modeling and Product Management.

The RPM seminar will provide a forum for actuaries, underwriters, and other insurance professionals to further their continuing education and stay current as professionals with many new sessions covering the following tracks:

  • Beyond Insurance/Innovation
  • Commercial Lines
  • Data Management
  • Data Science and Predictive Analytics
  • Enterprise Risk and Capital Management
  • International
  • Models, Applications, and Implementation Issues
  • Personal Lines
  • Predictive Modeling – Beyond GLM’s
  • Predictive Modeling – Linear Modeling
  • Product Management
  • Professionalism
  • Ratemaking Call Paper Program
  • Regulation
  • Roundtable Discussions
  • Workers Compensation and Healthcare

The seminar will also feature seven optional pre-program full-day workshops, including a new workshop on Enterprise Risk Management. Our popular Severe Weather and Introduction to R Workshops will be returning as well as our classic Product Development workshop.

Attendees will have networking opportunities to renew and expand their list of industry contacts, and exhibitors will be on hand to demonstrate their relevant services and knowledge.

Additional Information

  • For more information on this seminar or other CAS opportunities, or for more information regarding administrative policies such as complaints and refunds, please contact the CAS Office at (703) 276-3100 or email the CAS Office.
  • For more information on attendee registration, please e-mail arc@casact.org.
  • For more information on the Ratemaking and Product Management Seminar other than registration issues, please e-mail meetings@casact.org.

CONTINUING EDUCATION CREDITS

The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide actuarial services. Actuarial services are defined in the CAS Code of Professional Conduct as "professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings, or opinions based upon actuarial considerations."

Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy.

This activity may qualify for CE Credits for the RPM Seminar for CAS members. Workshop attendees may qualify up to 7.2 CE Credits. Those attendees who participate in a Breakfast Roundtable can add .9 CE Credits per roundtable. Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time not to include breaks or lunch.

*The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the American Academy of Actuaries.

UNIVERSITY OF CAS (UCAS)

UCAS Logo

The CAS enables members to earn continuing education credits through its UCAS online service. Visit the University of CAS to begin this experience in education. UCAS provides a virtual world of opportunities to help enhance your professional education needs. Through capture of live content from CAS meetings and seminars, UCAS will offer a variety of session presentations, audio recordings, podcasts, and recorded Webinars.

Please visit the UCAS Web Site for more information.

CONSENT TO USE OF MULTIMEDIA

Registration and attendance at or participation in CAS meetings, seminars, and other activities constitutes an agreement by the registrant to the CAS use and distribution (both now and in the future) of the registrant or attendee's image or voice in photographs, videotapes, electronic reproduction, and audiotapes of such events and activities.

PAPERLESS SEMINAR

Green seminars incorporate solutions designed to minimize negative impacts on the environment. The CAS has taken a step in that direction by making the RPM seminar "paperless," which means:

  • Paper copies of session handouts will not be provided in the meeting rooms.
  • Paper copies of the list of attendees will not be distributed, though a few copies will be available for review at the RPM seminar registration desk.
  • Seminar evaluations will be administered electronically
  • Session slides will be posted on the RPM seminar Web Site in advance of the seminar so that attendees can download, print, and bring handouts as desired. Please note that not every presenter will choose to provide a presentation in advance for his/her session.

Once at the RPM Seminar, attendees are encouraged to view the list of attendees online, complete the online evaluation forms, and download presentations to a USB flash drive for the sessions they attend.

The CAS appreciates your participation in this effort to reduce the seminar's carbon footprint and impact on the environment.

SUGGESTED ATTIRE

Business casual attire is suggested for all sessions, as well as the evening receptions on Monday and Tuesday. As meeting room temperatures and personal comfort levels may vary, it is recommended that you bring a sweater or jacket to the sessions.

In San Diego, CA, the average high temperature during March is 66 degrees and the average low is 54 degrees.

 

Event registration

Online Registration is closed.

Please register on site in San Diego, CA starting SUNDAY, MARCH 26, 2017 at 3pm.

Seminar Registration fees include all meeting materials, evening receptions on Monday and Tuesday, as well as continental breakfast, lunch and refreshment breaks on Tuesday and Wednesday.

The following registration options are offered:

  1. one full day of focused workshops; or
  2. two days of traditional general/concurrent sessions; or
  3. both the focused workshops and the traditional two day seminar.

SEMINAR REGISTRATION FEES

When registering for this event online, please select your reg type to see the event fees available.

Note: Registration form is best viewed in Internet Explorer.

All registration fees listed are in U.S. currency.

 

RECEIVED ON OR BEFORE FEBRUARY 27

RECEIVED AFTER FEBRUARY 27

CAS Member/CAS Candidate**/Subscriber

$1000

$1200

Non-member

$1200

$1400

Government Employee

$500

$600

Government Employee Non-member

$600

$700

Moderator/Panelist

$500

Moderator/Panelist non-member

Waived

Post-Event Session Recordings*

$50

* Post-Event Session Recordings are being made available to conference attendees at a discounted rate of $50. Session recordings cover all or most of the sessions presented at the conference.

** An Active Candidate is a Non-CAS Member who has attempted at least one actuarial exam in the last two years.

Registrations received after February 27, 2017 will be subject to a $200 late fee. The CAS Office staff will send a confirmation by e-mail to all registrants.

WORKSHOPS

  • Workshop 1: Severe Weather
  • Workshop 2: Predictive Modeling
  • Workshop 3: Product Development
  • Workshop 4: Introduction to R
  • Workshop 5: Capital Allocation and Decision Making
  • Workshop 6: Predictive Modeling — Advanced
  • Workshop 7: Data Visualization: GIS for Actuaries Workshop

WORKSHOP FEES

Online Registration is closed.

Please register on site in San Diego, CA starting SUNDAY, MARCH 26, 2017 at 3pm.

 

 

RECEIVED ON OR BEFORE FEBRUARY 27

RECEIVED AFTER FEBRUARY 27

Attending the Seminar

$700

$800

Not attending the Seminar (workshop only)

$900

$1000

Workshop RPM Speaker

Fee waived for workshop speakers

 

CANCELLATION POLICY

Registration fees will be refunded for cancellations received by the CAS Office no later than March 1,, 2017, less a $100 processing fee. Only written cancellations will be honored and may be faxed to (703) 276-3108 or e-mailed to refund@casact.org.

In the event that a CAS meeting is canceled, a full refund will be made for registration fees paid. Transportation and hotel costs or fees are not reimbursable by the CAS.

 

Registration Information

Online Registration is closed.

Please register on site in San Diego, CA starting SUNDAY, MARCH 26, 2017 at 3pm.

Seminar Registration fees include all meeting materials, evening receptions on Monday and Tuesday, as well as continental breakfast, lunch and refreshment breaks on Tuesday and Wednesday.

The following registration options are offered:

  1. one full day of focused workshops; or
  2. two days of traditional general/concurrent sessions; or
  3. both the focused workshops and the traditional two day seminar.

SEMINAR REGISTRATION FEES

When registering for this event online, please select your reg type to see the event fees available.

Note: Registration form is best viewed in Internet Explorer.

All registration fees listed are in U.S. currency.

 

RECEIVED ON OR BEFORE FEBRUARY 27

RECEIVED AFTER FEBRUARY 27

CAS Member/CAS Candidate**/Subscriber

$1000

$1200

Non-member

$1200

$1400

Government Employee

$500

$600

Government Employee Non-member

$600

$700

Moderator/Panelist

$500

Moderator/Panelist non-member

Waived

Post-Event Session Recordings*

$50

* Post-Event Session Recordings are being made available to conference attendees at a discounted rate of $50. Session recordings cover all or most of the sessions presented at the conference.

** An Active Candidate is a Non-CAS Member who has attempted at least one actuarial exam in the last two years.

Registrations received after February 27, 2017 will be subject to a $200 late fee. The CAS Office staff will send a confirmation by e-mail to all registrants.

WORKSHOPS

  • Workshop 1: Severe Weather
  • Workshop 2: Predictive Modeling
  • Workshop 3: Product Development
  • Workshop 4: Introduction to R
  • Workshop 5: Capital Allocation and Decision Making
  • Workshop 6: Predictive Modeling — Advanced
  • Workshop 7: Data Visualization: GIS for Actuaries Workshop

WORKSHOP FEES

Online Registration is closed.

Please register on site in San Diego, CA starting SUNDAY, MARCH 26, 2017 at 3pm.

 

 

RECEIVED ON OR BEFORE FEBRUARY 27

RECEIVED AFTER FEBRUARY 27

Attending the Seminar

$700

$800

Not attending the Seminar (workshop only)

$900

$1000

Workshop RPM Speaker

Fee waived for workshop speakers

 

CANCELLATION POLICY

Registration fees will be refunded for cancellations received by the CAS Office no later than March 1,, 2017, less a $100 processing fee. Only written cancellations will be honored and may be faxed to (703) 276-3108 or e-mailed to refund@casact.org.

In the event that a CAS meeting is canceled, a full refund will be made for registration fees paid. Transportation and hotel costs or fees are not reimbursable by the CAS.

 

Planning committee

Amy Juknelis, Chairperson
Kevin Donnelly, Vice Chairperson
Howard Kunst, Vice Chairperson

Anusha Anantharaju
Margaret Brinkmann
Sandra Callanan
Dana Chang
Xi Chen
Kelly Cusick
Germain Denoncourt
Brian Fannin
Donald Hendriks
Thomas Hess
Eric Krafcheck
Damon Lay
Xingyun Liao
Jin Liu
Millie Lo
Lili Peng
Brent Petzoldt
Pamela Sealand Reale
Karin Rhoads
Jay Rosen
Lijia Tian
Gary Wang
James Weiss
Robert Wolf
Cheng-Sheng Wu
Lin Xing
Tong Xu
Joshua Youdovin
Xiangfei Zeng
Lijuan Zhang

 

Lodging

MARRIOTT MARQUIS SAN DIEGO MARINA
SAN DIEGO, CA

Marriott Marquis San Diego Marina

Marriott Marquis San Diego Marina
333 W Harbor Dr.
San Diego, CA 92101
Phone: (619) 234-1500

Soak up the sun in style at Marriott Marquis San Diego Marina. Unique to other downtown San Diego hotels, Marriott provides an environment that easily transitions from dynamic meetings to resort-style relaxation with luxury guest rooms, 240,000 square feet of meeting space and a 446-slip marina. Adjacent to the San Diego Convention Center and steps from the Gaslamp Quarter, our San Diego hotel in downtown is at the center of many popular attractions including Balboa Park, the San Diego Zoo, Seaport Village, SeaWorld® San Diego & LEGOLAND® California. Experience grand service and thoughtful amenities during your stay with exceptional dining options, a resort-style pool with cabanas and a bar, spa and state-of-the-art fitness center. Relax at the end of the day in well-appointed guest rooms featuring plush bedding, the latest technology and breathtaking views of San Diego Bay. No matter what kind of getaway you're craving, our luxury hotel in downtown San Diego delivers.

Room rate: $269

ROOM RATE AND RESERVATIONS

The room rate is $269.00 for single/double room, plus taxes, and reservations must be made prior to Tuesday, February 21, 2017.

Reservations may be made online:

A limited number of rooms have been reserved for the evenings of Sunday, March 26; Monday, March 27; and Tuesday, March 28.

While reservations must be made prior to Tuesday, February 21, 2017, in order to receive the $269.00 rate, there is no guarantee that rooms will be available should you wait until this date. The CAS strongly suggests that you make your room reservations early to receive a room before the room block fills.

IMPORTANT INFORMATION REGARDING OFFICIAL RPM SEMINAR HOTEL

The Casualty Actuarial Society is able to conduct high-quality seminars at desirable sites for a reasonable registration fee because a block of hotel rooms is reserved for meeting attendees. In exchange for filling the required number of sleeping rooms, the CAS is permitted to use the hotel's meeting space at no cost, thus keeping registration fees low. In addition, meeting attendees receive a reduced rate for their sleeping rooms over leisure travelers. We kindly request that all meeting attendees take advantage of the group rate and stay at the official RPM Seminar property, the Marriott Marquis San Diego Marina.

 

Sponsors

Get exposure for your company by sponsoring or exhibiting at the RPM Seminar. A table-top exhibit is an excellent value and allows you to showcase your products and services to an expected audience of 500 risk professionals. A sponsorship allows your company to stand out among a sea of competitors. Do not delay, as opportunities are limited! Contact Katie Hettler at (703) 562-1722 or khettler@casact.org, for details on becoming an exhibitor and sponsor.

Download a copy of the prospectus!


CENTENNIAL PARTNER, SPONSOR, EXHIBITOR

LEXISNEXIS

LexisNexis

At LexisNexis Risk Solutions, we believe in the power of data and advanced analytics for better risk management. With over 40 years of expertise, we are the trusted data analytics provider for organizations seeking actionable insights to manage risks and improve results while upholding the highest standards for security and privacy. Headquartered in metro Atlanta, LexisNexis Risk Solutions serves customers in more than 100 countries and is part of RELX Group plc, a world-leading provider of information and analytics for professional and business customers across industries. For more information, please visit www.lexisnexisrisk.com.



CENTENNIAL PARTNER, SPONSOR, EXHIBITOR

D.W. SIMPSON

D.W. SimpsonDW Simpson Global Actuarial Recruitment specializes in the placement of actuaries. Established in 1989, we work on an international basis and at all levels of experience from Actuarial Student to Fellowship. This encompasses actuaries with expertise in Life, Health, Pension, and Property & Casualty. We have a professional staff of 60 and are the largest firm exclusively placing actuaries.

Our mission is to be the premier executive recruiting firm specializing in the placement of actuaries and risk professionals; to be recognized for the service, integrity and forthrightness that the firm brings to each business relationship; and to be willing at all times to sacrifice short-term gain for the long-term good and prosperity of our clients, our candidates and, as a result, our organization as well.



CENTENNIAL PARTNER, EXHIBITOR

MILLIMAN

Milliman

Milliman is a global consulting firm with extensive expertise in all lines of insurance. Our Property and Casualty practice provides clients with industry leading pricing, underwriting, claims, and market analysis utilizing advanced machine learning and predictive modeling methods. PixelTM, our state of the art competitive premium analytical platform, provides actionable insight into insurers’ competitive pricing positions. The platform enables iterative exploration using a variety of metrics, charts and maps based on a big-picture view, a targeted drill-down into a specific segment or variable, or anything in between. Milliman’s reserving software, Arius®, offers some of the industry’s most advanced reserving capabilities, combining both stochastic and deterministic tools. Milliman experts also provide consulting services in many key areas, such as the evaluation of loss and expense reserves, funding requirements, risk retention, insurance management and operations, financial analysis, claims and underwriting consulting, and reinsurance.


CENTENNIAL PARTNER, SPONSOR, EXHIBITOR

PRYOR ASSOCIATES EXECUTIVE SEARCH

Pryor Associates Executive Search"It Takes One To Know One...An Actuary Placing Actuaries"

Named a top recruiting firm by Dun & Bradstreet, Pryor has 40 years of insurance (P&C, Health, Life, Pensions & Investments) experience.

Pauline Reimer, ASA, MAAA, has headed the Actuarial Placement Division since 1986, after working as an actuary in insurance and consulting firms. Proudly the CAS's first Platinum Partner, she is also on the SoA's Entrepreneurial Section Council, the Executive Board of ASNY, and the Advisory Boards of both Columbia University's MS in Actuarial Science program and New York University's BS in Actuarial Science program.

Quoted in periodicals and television, Pauline handles each step of every actuarial assignment personally—no client is ever relegated to just an Assistant. Her impressive placement records of 99% retention rate and 100% success ratio in retained searches confirm her status as one of the most successful actuarial recruiters worldwide.


CENTENNIAL PARTNER, EXHIBITOR

EZRA PENLAND

Centennial Partner, ExhibitorEzra Penland Actuarial Recruitment was established by Sally Ezra and Claude Penland, ACAS, MAAA, partners with over 40 years of combined industry experience. With the industry's leading actuarial salary surveys and a rapidly growing actuarial recruiting staff, our goal is to be the top actuarial recruitment firm in the world while serving the long-term needs of clients and actuaries.

Our educated, knowledgeable and highly-trained staff will always exhibit business ethics, integrity, empathy and strong listening skills to help you reach your business goals. Ezra Penland works on both retained and contingent searches at all levels of actuarial analysts, credentialed actuaries and senior roles.

Stop by our Exhibit Booth to receive a copy of the ALL NEW, UPDATED Ezra Penland US Property & Casualty Actuarial Salary Surveys. These four surveys are split by Consulting, Reinsurance, Insurance/All Other, and All Employers Combined. Come by to also receive a handy Ezra Penland notebook to jot down notes throughout the RPM Seminar and Workshops.


CENTENNIAL PARTNER, SPONSOR

EY

EYEY is a recognized leader in providing insurance and actuarial advisory services to life, health, property and casualty insurers and reinsurers. Our dedicated team of professionals span many disciplines and offer a well-rounded understanding of business issues and opportunities for our clients. We deliver high quality, multi-disciplinary and creative business solutions to the industry. Learn more at http://www.ey.com/us/actuarial.
 

PLATINUM PARTNER, EXHIBITOR

RED MOUNTAIN TECHNOLOGIES

EYRed Mountain Technologies specializes in reliable automotive data for insurers across the country with AutoCheck's Vehicle History Service. We use the latest technology, to provide our customers insightful and in-depth data to make well informed underwriting and rating decisions about vehicles. The AutoCheck Vehicle History database is the most comprehensive vehicle background check available. This manifests itself clearly in the superior data quality by acquiring data from thousands of sources, including exclusive accident and structural damage data elements that are important for identifying problem vehicles. Along with providing vehicle history data, Red Mountain is able to assist their customers with technical and analytical support when using AutoCheck Vehicle history as a underwriting\pricing solution.


PLATINUM PARTNER, EXHIBITOR, SPONSOR

WILLIS TOWERS WATSON

Willis Towers Watson

Willis Towers Watson (NASDAQ: WLTW ) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 39,000 employees in more than 120 territories. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.


PLATINUM PARTNER, SPONSOR

VERISK/ISO

Verisk/ISO

ISO, the flagship brand among the Verisk Analytics and Verisk Insurance Solutions family of companies, has been the benchmark for data, analytics and services for the property casualty industry throughout the last 45 years. Our insights are grounded in the largest data sets, expertise from foremost authorities in their fields, and collaboration with customers, government organizations, industry associations and regulatory bodies. Our unique customer-centric model offers leadership, innovation and unsurpassed guidance in the areas of loss costs, rules, forms, claims management, claims investigation, claims fraud, and compliance services.


GOLD PARTNER, EXHIBITOR, SPONSOR

PINNACLE

Pinnacle Actuarial  Resources, Inc.

Pinnacle Actuarial Resources, Inc. is an independent actuarial consulting firm that ranks among the largest property/casualty actuarial firms in the US. Our superior communication, unmatched expertise and extraordinary customer service help you drive better business decisions. Our nationally-recognized team of predictive analytics consultants focuses on the specifics of your business to meet your pricing, underwriting, claims and marketing needs. We have completed numerous analytics projects for insurers of all sizes, and our combined experience in property-casualty insurance and financial services helps us deliver more than a model – we provide marketplace expertise to boost results. Pinnacle can develop specific predictive analytics applications or act as advisors to your predictive analytics team to ensure that your model is aligned with your business strategy. Since Pinnacle has a commitment to knowledge transfer, we offer training so your team can learn how to apply both basic and state-of-the-art predictive analytics techniques. For more about Pinnacle's Commitment Beyond Numbers, please visit us at www.pinnacleactuaries.com.


GOLD PARTNER, EXHIBITOR

CARFAX

Pryor Associates Executive Search

CARFAX has built the most comprehensive vehicle history database ever assembled with over 15 billion records covering virtually all cars, light trucks, and SUVs manufactured in the U.S. since 1981. We provide vehicle data from more than 92,000 data sources, including all state DMVs and many police departments, service facilities, and collision centers.

Insurance carriers have evaluated over 300 tests to validate the significance of using CARFAX vehicle history data to predict future claim frequency and severity. Over 80% of the largest carriers, are currently using CARFAX data within their daily operations - underwriting, rating, and claims. CARFAX data allows insurers to take an in-depth look at each vehicle rather than looking at the "average" vehicle in a class according to a symbol. Our clients attract and retain the best customers while mitigating substantial risk, simply by utilizing detailed vehicle history.

More information leads to better decisions so contact us at 703-731-5665 or visit CarfaxBIG.com to learn more about specific applications for your business and to take advantage of our discounted corporate rates.


GOLD PARTNER, EXHIBITOR, SPONSOR

GROSS CONSULTING

Gross Consulting

Gross Consulting has expertise across a wide range of property-casualty issues including reserving, pricing, capital modeling, reinsurance analysis, catastrophe risk management, predictive modeling, and enterprise risk management and provides consulting services across the industry.

Gross Consulting also offers its Cognalysis Software products, a suite of powerful software solutions for P&C actuaries, including its exciting new product: Cognalysis CLCM™ (Claim Life Cycle Model).

Cognalysis CLCM™ is a one-of-a-kind, revolutionary approach to understanding insurance results like never before. By applying predictive modeling techniques across the full life cycle of each individual claim, and then simulating projected results into the future, Cognalysis CLCM™ provides powerful insight into actuarial reserving, pricing, risk management and more.


GOLD PARTNER, EXHIBITOR

DATAROBOT

DataRobotDataRobot offers an enterprise machine learning platform that empowers users of all skill levels to make better predictions faster. The ability to democratize the predictive analytics process is perhaps the most important element of any machine learning platform, and DataRobot's ability to automate the entire modeling lifecycle enables users to quickly and easily build highly accurate predictive models. Incorporating a library of hundreds of the most powerful open source machine learning algorithms, the DataRobot platform automates, trains and evaluates predictive models in parallel, delivering predictions at scale for greater business agility. DataRobot provides the fastest path to data science success for organizations of all sizes. For more information, visit www.datarobot.com.


SILVER PARTNER, SPONSOR

LIBERTY MUTUAL

Liberty Mutual"Helping people live safer, more secure lives" since 1912, Boston-based LMHC, the parent corporation of the Liberty Mutual Insurance group of entities, is a diversified global insurer and third largest property and casualty insurer in the U.S. based on 2014 direct written premium. The Company also ranks 78th on the Fortune 100 list of largest corporations in the U.S. based on 2014 revenue. As of December 31, 2014, LMHC had $124.293 billion in consolidated assets, $104.002 billion in consolidated liabilities, and $37.721 billion in annual consolidated revenue.

LMHC, through its subsidiaries and affiliated companies, offers a wide range of property-casualty insurance products and services to individuals and businesses alike. LMHC employs more than 50,000 people in approximately 900 offices throughout the world.


EXHIBITOR

THE INSTITUTES

EY

The Institutes are the leading provider of technical knowledge for the risk management and property-casualty insurance industry.

We are committed to developing innovative knowledge solutions for insurance professionals worldwide, covering functional areas such as underwriting, claims, risk management, and reinsurance. Our solutions include premier programs, such as the Chartered Property Casualty Underwriter (CPCU®) designation program; continuing education (CE); flexible online learning; and custom solutions.

The Institutes are affiliated with the CPCU Society, a community of credentialed insurance professionals, and The Griffith Insurance Education Foundation, a not-for-profit educational organization that promotes the study of risk management and insurance.


EXHIBITOR, SPONSOR

VALEN ANALYTICS

Valen Analytics

Valen is a provider of proprietary data, analytics and predictive modeling for property and casualty insurers. We work with insurers who are actively looking to utilize modern approaches to pricing, risk selection, claims triage, and premium fraud. Our customers are focused on increasing competitive pressures, fighting adverse selection with innovative solutions, and raising awareness for the impending "experience gap" with initiatives such as Insurance Careers Movement. Our customers span many lines of business including Homeowners, Personal Auto, Workers' Compensation, Commercial Auto, Commercial Package, Commercial Property, and BOP. Learn more about Valen at www.valen.com.


EXHIBITOR, SPONSOR

THE CAS INSTITUTE

The CAS InstituteThe CAS Institute, or iCAS, is a subsidiary of the Casualty Actuarial Society offering new credentials and specialized professional education for quantitative professionals.
iCAS specialty credentials are separate from actuarial credentials and are designed for any professional seeking specialized recognition in quantitative practice areas such as predictive analytics, data science and catastrophe model analytics. Professionals can leverage this recognition in order to enhance their skills, set themselves apart from other professionals, secure additional job duties, attract premium compensation and/or advance their careers.

The first credentials currently being developed and granted by The CAS Institute focus on predictive analytics and data science; additional credentials will follow in other areas of specialization such as catastrophe modeling, capital modeling and quantitative reinsurance analysis. The CAS has partnered with The Institutes, a leading global provider in education, to ensure that the iCAS credentialing process meets the highest standards of excellence in professional education. The CAS Institute began offering its programs in the latter part of 2016.


EXHIBITOR

GUIDEWIRE

GuidewireGuidewire delivers the software that Property/Casualty (P/C) insurers need to adapt and succeed in a time of rapid industry change. We combine three elements – core processing, data and analytics, and digital engagement – into a technology platform that enhances insurers' ability to engage and empower their customers and employees. More than 200 P/C insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com and follow us on twitter: @Guidewire_PandC.


EXHIBITOR

S & P GLOBAL MARKET INTELLIGENCE

S & P Global Market IntelligenceAt S&P Global Market Intelligence, we integrate financial and industry data, research and news into tools that help track performance, generate alpha, identify investment ideas, understand competitive and industry dynamics, perform valuation and assess credit risk. Investment professionals, government agencies, corporations and universities globally can gain the intelligence essential to making business and financial decisions with conviction.

S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). For more information, visit www.spglobal.com/marketintelligence.


EXHIBITOR

CLYDE ANALYTICS

Clyde AnalyticshClyde Analytics offers a single, web-based insurance software application to support all your predictive modeling activities – from data analysis to model development to implementation. Users get enterprise power and features with desktop comfort and feel. Clyde's solution leverages modern, advanced technologies to create a productive, enjoyable self-service user experience. Most importantly, the enterprise nature of the solution allows users to generate and share output that can be deployed for impactful business results throughout your organization.

Clyde's principals have deep experience in P&C insurance and the company is built on the belief there is a better way to maximize the potential of analytics within insurance carriers. The Clyde team takes pride in improving its products and adding new features and functionality. They believe in active engagement with customers about their specific needs and incorporate feedback through a rapid development cycle.

Clyde's robust library of algorithms offers both traditional analytical approaches (GLM, clustering, and others) and industry-specific custom methods (machine learning, optimization and others) to promote user control and flexibility to address a wide-range of business questions.

Clyde helps clients unleash innovation within their organizations to perform analysis better & faster and use the output to drive business results. Customer success is the ultimate objective. Clyde puts the full power of analytics in the hands of users, where it belongs.

To learn more about Clyde Analytics, please visit www.clyde-analytics.com or email info@clyde-analytics.com.

EXHIBITOR

TRUE MILEAGE, INC.

True Mileage, Inc.The Seattle based company provides technology and analytics related services for usage-based auto insurance (UBI) also know as insurance telematics. Our mission is to help insurers be more competitive while at the same time encouraging reduced and safer driving through insurance discounts.

UBI Discount Analytics
Calculate mileage and other UBI discounts accurately for data from any source.

Key advantages:

  • Massive unbiased driving & accident data from all states & insurers.
  • Applies to data from any source such as Carfax, Vehcon, OBD, OnStar, etc.
  • Directly accounts for associated variables.

"True Mileage provides a unique model that accounts for key rating variables. Their models allow us to provide equitable discounts across our entire insurance policyholder base, which is a win for our company, our agent partners, and our policyholders."

Intelligent UBI Devices
Replace your devices with our new Intelligent UBI Devices and save millions.

Key advantages:

  • 50% lower cost than traditional devices.
  • No monthly cellular data transfer fees.
  • No cell phone required.

Refinements & unique features:

  • Error codes.
  • Disconnects.
  • Reduced size.
  • Accelobrakes.
  • Return time alarm.
  • Return envelope attached.
  • Easy data access upon return.

EXHIBITOR

CORELOGIC

CoreLogic LogoCoreLogic (NYSE: CLGX) is a leading property information, analytics and solutions provider in the United States and Australia. The company's combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. CoreLogic serves the real estate, mortgage finance, insurance, capital markets, transportation and government sectors. The company helps clients identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in seven countries. For more information, please visit www.corelogic.com.

 

Other information

ICAS PREDICTIVE ANALYTICS COMMUNITY OF PRACTICE EVENT

The CAS Institute (iCAS) is offering its first Predictive Analytics Community of Practice event, to be held Monday, March 27th in conjunction with the Casualty Actuarial Society’s Ratemaking and Product Management (RPM) Seminar in San Diego. The full-day event, scheduled for 9:00 a.m. to 5:00 p.m., is designed for advanced practitioners working in the area of Predictive Analytics/Data Science, and will include panels, presentations, and roundtable discussions of advanced topics in predictive analytics both within and outside of the insurance fields. Attendance at this event is separate from the RPM Seminar and will require a separate registration fee of $150. (In addition, attendees not attending RPM may attend the RPM opening reception for an additional $35.) Registration at the RPM Seminar is not a prerequisite of attendance.

The content of the inaugural Predictive Analytics Community of Practice day will include:

  • An overview of the new Certified Specialist in Predictive Analytics (CSPA) credential, including its exam process and continuing education requirements.
  • Presentations/workshops on specific topics (within and outside of the insurance field)
  • Roundtables
  • Networking opportunities
  • Master Classes

Topics currently being considered for the program include:

  • Experimental Design
  • Various Modeling Techniques
  • Measuring/Communicating Model Performance
  • Deploying Models and Designing for Implementation
  • Ethics of Predictive Modeling

If you are an experienced practitioner who is actively doing this work (e.g., an actuary, data scientist either within or outside insurance, or a faculty member) and are interested in joining the Community of Practice event, please email iCAS Director Amy Brener at abrener@thecasinstitute.org. Attendance will be limited.

While the Community of Practice event is a separate seminar designed for advanced practitioners, the RPM seminar will offer additional continuing education opportunities in predictive analytics on March 28 and March 29; those sessions are open to all RPM registered attendees.

MOBILE MEETING APP

Download the free CAS Events meeting app to your smartphone or tablet and make the most of your time while you're with us at the meeting.

Get real-time schedule and speaker updates, the most current version of the list of attendees, speaker information, feedback opportunities, maps, exhibitor and sponsor details and more! You can also follow the CAS RPM Seminar Twitter feed (#CASRPM17) and join the conversation.

Connecting with fellow attendees through the mobile app's messaging feature is a great way to network up to and during the event. Once logged into the app, go to 'Messages' and select the pencil and paper icon in the upper right hand corner to compose a message to another logged-in attendee. You may also send a message from the 'Attendees' section by selecting a logged-in attendee (indicated by an envelope icon next to the attendee's name in the Attendees list).

DOWNLOAD THE APP

To get the CAS Events Meeting app:

  • iPhone and iPad users–search "casualty actuarial society" on the Apple App Store.
  • Android users–search "casualty actuarial society" on the Google Play Store.
  • Blackberry, Windows, others–go to this address on your smart phones (omit www): https://cas.gatherdigital.com

FEATURES OF THE MOBILE APP

Setup Your Account
To enable your account, open the app, select 'More' or side swipe to the right to view the menu, and select 'Login.' Please enter the email that you used to register for the conference and select 'Request a Password.' You will receive an email with a link to create your personal app password.

Create a Profile
You may create a profile and upload a photo of yourself that other event attendees can view. Once logged into the app, select your email address at the top of the menu. This takes you to the 'My Account' screen where you can 'Edit' your profile and upload a photo.

Attendee to Attendee Messaging
Once your account is set up, one of the features of the mobile app is that you and other attendees will have the option to send messages to each other through the app. It's a great way to network with fellow attendees up to and during the event. To message another attendee, they must have also setup their own account in the app.

SOCIAL MEDIA

Tweet at the 2017 CAS RPM Seminar & Workshops!
What's happening at the CAS RPM Seminar? We want to hear from you!
Tweet about the RPM sessions and events using the hashtag #CASRPM17.

Follow the CAS on Twitter @CASact
Not using Twitter yet?
Text "CASact" to 40404 to Follow the CAS on Twitter
And Follow the Prompts to Sign Up!

The CAS is on Facebook, Twitter and LinkedIn! Stay informed by following CAS on Facebook and Twitter for exclusive updates on CAS activities! The CAS Facebook and Twitter page will feature many different topics including conference updates, online discussions, and industry updates! Join and connect with peers and colleagues and discuss issues important to you!

If you cannot access Facebook, Twitter and LinkedIn from your office, please consider signing up to follow us from your personal account at home.

Breakout sessions

PROPOSED CONCURRENT SESSIONS

The following is a preliminary list of unique sessions that will be offered at the RPM Seminar. The seminar will host sessions that provide various practical applications and insights across a broad spectrum of industry disciplines. (Please refer to the program guide for more information including titles, descriptions, and speakers)

2017 NA Survey Results - Machine Learning and Advanced Analytics Practices
Recent Research – Tranches and Layers of Risk
Current Issues in Vehicle Safety - Highway Loss Data Institute

Beyond Insurance & Innovation
Evolution in Technology and Demographics: An Impact on the Insurance Industry
Wellness Data: The Next UBI?
UBI Smartphone Apps: What's hot and what's not
Evolution in Business Models for Insurance
Telematics and the Internet of Things

Commercial Lines
The Competitive Weapon - Alignment of Analytics and Commercial Underwriting
Where Will the Drones Take Us?
Business Owner’s Policies in the Big Data Era
Where Cyber Security Meets Insurance: Challenges Presented and Opportunities Created
3D Printing: Hype or Reality?
Beyond UBI – Commercial Insured Usage Data as a Customer Added Value

Data Management
Demystifying Data Quality Tools
Applying “Big Data” Analytics in the Insurance Sector
CAS Data and Technology Working Party Report

Data Science and Predictive Analytics
Bayesian Analysis of Big Data
Tutorial on Open Source Text Mining
Genetic Algorithms with Applications to Insurance
Easy Tree-sy: Everyday Applications for Decision Trees

Enterprise Risk & Capital Modeling
Intro to Profit and Contingency Loading in Ratemaking
Balancing Risk Appetite and Risk Tolerance in Ratemaking and Product Management
Ratemaking, Product Management, Predictive Analytics- How does it all fit within an ERM Framework as regards Governance and Accountability
Sustainable ERM Working Party
Business Planning within A capital Management Framework

International
Residential Flood Insurance in Canada and Learnings for the US
Internet of things for international P&C business
Predictive Analytics in Strategy and Decisions – A Tour Around the Globe

Models, Applications & Implementation Issues
Point Estimation Models vs Ranking Models
Implementing a Predictive Model: Challenges And Considerations For Success
Application Of Text Mining In Claims Analytics: A Case Study
Modeling and Analytics in a UBI Setting

Personal Lines
Vehicle History: Insurance Scoring for Your Car
HLDI - Current issues in vehicle safety
Increase Precision in Auto Territory Rating
IoT’s Impact on the Distribution, Rating and Underwriting of Personal Auto
Concierge Claim Service: The Future of Claims with IoT and Telematics
Development of Class Rates

Predictive Modeling - Beyond GLMs
Comparing Machine Learning and Conventional Statistical Techniques In Claims Models
Overview and Practical Application Machine Learning Methods in Pricing – Part 1
Ensembles and Combining Models
2017 NA survey results - machine learning and advanced analytics practices
Overview and Practical Application Machine Learning Methods in Pricing – Part 2

Predictive Modeling - Linear Modeling
Nonparametric GLMs
And the Winner Is: How to Pick a Better Model
GLM - I
GLM - II
GLM - III - The Matrix Reloaded

Product Management
Competitive Analysis: Know the Data, Know the Market
Multi-Product Optimization: Challenges and Opportunities
Perspectives on Actuarial vs. Product Management Roles
Auto & Home Residual Markets Today – Their Size, Function, and Challenges

Professionalism
Rogue Actuary: A Professionalism and Predictive Modeling Story
Lights! Camera! Professionalism!
Who Wants to Be an Actuary?
Discussion of Proposed Property/Casualty-focused Actuarial Standard of Practice

Ratemaking Call Paper Program
An Alternative Approach to Credibility for Large Account and Excess of Loss Treaty Pricing
Removing Bias—the SIMEX Procedure

Regulation
Rate and Form Regulation – The Latest from the NAIC
What Makes a Good California Filing?
Perspectives on Rate Filing Support for Predictive Models
Price Optimization: Regulatory Overview and Permitted Practices
Navigating the Regulatory Environment Around

Workers Compensation and Health Care
Workers Compensation—State of the Market
Workers Compensation—Selected State Issues
Using Predictive Analytics to Decompose Workers Compensation Loss Triangle Anomalies
Impact of PPACA on Workers Compensation Insurance
Hospital Professional Liability—How Do We Price a Moving Target?

 

Workshops

WORKSHOP 1: SEVERE WEATHER

A laptop or other connected device is NOT needed for this workshop

This popular workshop gives the attendees an opportunity to learn more about how Natural Catastrophe Models are developed and used within Property and Casualty Insurance. The workshop starts with a series of sessions that will explore the science underlying three Catastrophe Models (Earthquake, Wildfire, Severe Convective Storm), with an opportunity for a Q&A session with representatives from Cat modeling firms. The afternoon will include sessions that explore how weather information is being used in the insurance industry, focusing in on current topics of interest including Flood insurance and Catastrophe bonds.

WORKSHOP 2: PREDICTIVE MODELING

A Laptop is required for this workshop.

This popular, hands-on, interactive predictive modeling workshop has been offered at the RPM seminar now for several years. It will be conducted exclusively in the R statistical computing language, which is widely adopted by statisticians and data scientists.

The course will provide a refresher of regression theory before proceeding to a variety of practical modeling applications and case studies. The focus will be on generalized linear models (GLMs) — their specification, interpretation, and validation. A variety of distributions will be covered, including classical, Poisson, logistic, gamma, and Tweedie. Other topics will be discussed and illustrated as time permits. All datasets will be distributed to attendees prior to the seminar.

Important note: familiarity with R is assumed. An "introduction to R" presentation will be distributed before the seminar which will contain a primer on basic features and statistical functions, as well as installation instructions, that will enable beginners to get up to speed. While R beginners are encouraged to attend, they should make some attempt to become comfortable with the language prior to the workshop. This workshop has been designed for beginning predictive modelers, but more experienced modelers seeking a refresher or a deeper working knowledge of R have attended past workshops and expressed satisfaction with the coverage of topics.

WORKSHOP 3: PRODUCT DEVELOPMENT WORKSHOP

This workshop will explore the different stages of product development with hands on exercises for the attendee. Industry leaders will serve as facilitators to review historical processes and to help guide the attendees throughout the day. Attendees will work in teams to develop fictitious products that will be discussed and integrated into the facilitator's lesson plans.

WORKSHOP 4: INTRODUCTION TO R

A Laptop is required for this workshop.

Are you one of the millions of actuaries around the world who wish they could draw maps showing the progress of hurricanes, fit generalized linear models to predict sporting events, create complex Monte Carlo simulations, or fit loss distributions? Or maybe you're the sort of person who wants to fit a stochastic reserving model and have a computer display stacks of pretty pictures for you. Do you want one point of access for all of your Excel, text, database and web-based data? Are you fascinated by programmers whose first names begin with the letter "R"?

If that's the sort of person you are, this is the workshop for you. And if none of those people is you, maybe all you want is to be able to get R to work for your computer. We can take care of that too.

R is the single most important technological advance for actuaries since the invention of the pocket calculator. Come see what all the fuss is about.

Requirements for this workshop:

  • A functioning laptop (PC or Mac)
  • Installation of R and RStudio in advance of the workshop (instructions and support for this will be provided)
  • Patience, enthusiasm and a sense of humor (instructions for this are available upon request)

WORKSHOP 5: CAPITAL ALLOCATION AND RISK/REWARD DECISION-MAKING IN AN ERM FRAMEWORK

This workshop will provide a historical primer on the subject and address past and current research of the practical ways in reflecting the cost of capital for ratemaking and decision-making. This primer will discuss aspects as developed by Merton-Perold, Myers-Read, Mango's asset share model, and the RMK procedures. Also considered will be current research as it relates to how actual capital should perhaps be considered in percentile layers and/or traunches, based on the risk metrics considered. We have come a long way in ratemaking since using premium to surplus ratios of 30 years ago. Let's continue the evolution.

A laptop is recommended for participation in this session as we will have hands-on technical sessions where the audience will be charged with an exercise in allocating capital to lines of business considering various methods. Participants will work in groups to make strategic recommendations based on their respective results. Role playing will be involved. Attendees will have access to data in advance.

WORKSHOP 6: PREDICTIVE MODELING — ADVANCED

A Laptop is required for this workshop.

Although the Generalized Linear Model (GLM) is a natural foundation for much actuarial work, it is best viewed as a starting point, not the last word on the subject. This day-long, hands-on, R-based workshop will discuss a variety of statistical learning methods that either refine or serve as complements to the GLM framework. Generalized Additive Models [GAM] will be discussed as a means to capture potentially complex nonlinear relationships.

Multilevel/hierarchical models, ridge regression, and lasso regression will be discussed as a way of achieving shrinkage ("credibility weighting") effects within linear models.

Various forms of tree-based modeling (CART, random forests, boosted trees) will be used to exemplify the use of non-parametric, machine learning, and ensemble methods. Time permitting, other machine learning methods such as support vector machines [SVM] and artificial neural networks [ANN] will also be discussed. Core themes such as the bias-variance tradeoff and cross-validation will be woven throughout the presentation. The workshop will assume a working knowledge of the R statistical computing environment and GLM modeling.

WORKSHOP 7: DATA VISUALIZATION: GIS FOR ACTUARIES WORKSHOP

A Laptop is required for this workshop.

This workshop is intended to introduce actuaries to the wonderful world of geographic information science (GIS). GIS can be used to visualize insurance data at a range of scales all the way down to the policy or location level. Additional applications include appending third-party data, enhancing analysis using geographic relationships, and the creation of customized or granular rating territories.

The first part will be a lecture on GIS basics such as data types, geocoding addresses, locating and using third-party data, cartographic representation, and simple geoprocessing workflows.

The second half will be a hands-on tutorial taught in ArcGIS for Desktop. Instructions on software and data installation will be provided to all participants that pre-register.

 

Schedule

 

SUNDAY, MARCH 26, 2017

3:00 p.m. – 5:00 p.m.

RPM Workshop Registration

MONDAY, MARCH 27, 2017 - WORKSHOPS

8:00 a.m. – 3:30 p.m.

RPM Workshop Registration

8:00 a.m. – 9:00 a.m.

Workshop Continental Breakfast

9:00 a.m. – 5:00 p.m.

Full Day Workshops

10:30 a.m. – 11:00 a.m.

Workshop Networking & Refreshment Break

12:30 p.m. – 1:30 p.m.

Workshop Luncheon

3:00 p.m. – 3:30 p.m.

Workshop Networking & Refreshment Break

4:00 p.m. – 6:30 p.m.

RPM Seminar Registration
Speaker Tech Support Room

4:30 p.m. – 6:00 p.m.

Welcome Reception & Exhibits

TUESDAY, MARCH 28, 2017 - SEMINAR

7:00 a.m. – 6:00 p.m.

Seminar Registration

7:00 a.m. – 8:00 a.m.

Continental Breakfast

7:00 a.m. – 7:45a.m.

Roundtables

7:55 a.m. – 9:30 a.m.

Opening Session/Keynote Address

9:30 a.m. – 10:00 a.m.

Networking and Refreshment Break with exhibits

10:00 a.m. – 11:15 a.m.

Concurrent Sessions 1

11:15 a.m. – 12:15 p.m.

Luncheon

12:15 p.m. – 1:30 p.m.

Concurrent Sessions 2

1:30 p.m. – 2:00 p.m.

Networking Break with exhibits

2:00 p.m. – 3:15 p.m.

Concurrent Sessions 3

3:15 p.m. – 3:45 p.m.

Networking Break with exhibits

3:45 p.m. – 5:00 p.m.

Concurrent Sessions 4

5:00p.m. – 6:30p.m.

Reception and exhibits

WEDNESDAY, MARCH 29, 2017

7:00 a.m. – 1:30 p.m.

Registration

7:00 a.m. – 8:00 a.m.

Continental Breakfast with exhibits

8:00 a.m. – 9:15 a.m.

Concurrent Sessions 5

9:15 a.m. – 9:30 a.m.

Networking Break with exhibits

9:30 a.m. – 10:45 a.m.

Concurrent Sessions 6

10:45 a.m. – 11:15 a.m.

Networking and Refreshment Break with exhibits

11:15 a.m. – 12:30 p.m.

Concurrent Sessions 7

12:30 p.m. – 1:15 p.m.

Box Lunch

1:15 p.m. – 2:30p.m.

General Session/Closing

 

Receptions and roundtables

DINNER GROUPS

March 28

Not sure what to do with your free evening? Sign up for a dinner group and explore San Diego’s culinary scene with other attendees from the conference. This is a great networking opportunity! The dinner group will meet at the Seminar Registration Desk 30 minutes before the time of the dinner reservation and walk together to the restaurant.

Reserve Your Seat
Participants are responsible for their own expenses.

Please note that Dinner Groups are purely for informal networking and not third-party business.Flour & Barley - Brick Oven Pizza San Diego
Cuisine: Pizza
Approximately 9 minute walk from the Marriott Marquis San Diego Marina
Walking Directions
Price: $30 and under
Reservation Time: 7:30 pm (Meet at the Seminar Registration Desk by 7:00 pm)
Pizza pies and craft beer is what we handle best. Individual brick oven-style pizzas with wood-fired crusts made with All Trumps flour, San Marzano tomatoes, whole milk mozzarella and house-made toppings along with Italian-inspired appetizers, pasta dishes, Panini’s and salads. Flour & Barley also feature barrel aged & handcrafted cocktails as well as an extensive beer program with seasonal beers on draft and wine selections.

Harbor House
Cuisine: Seafood
Approximately 9 minute walk from the Marriott Marquis San Diego Marina
Walking Directions
Price: $30 and under
Reservation Time: 7:30 pm (Meet at the Seminar Registration Desk by 7:00 pm)
The Harbor House opened in 1980, and serves fresh fish, shellfish, premium steaks and local draft beers.

The Lion’s Share
Cuisine: American, Wild Game
Approximately 8 minute walk from the Marriott Marquis San Diego Marina
Walking Directions
Price: $30 and under
Reservation Time: 7:30 pm (Meet at the Seminar Registration Desk by 7:00 pm)
In addition to modern American fare, The Lion's Share features exotic meats seldom found in other restaurants. The menu pairs well with an interesting wine list focused around small production wineries. Last, but not least, they offer hand-crafted cocktails considered amongst the best in the city in an eclectic atmosphere with a friendly staff.

 

Breakout sessions

PROPOSED CONCURRENT SESSIONS

The following is a preliminary list of unique sessions that will be offered at the RPM Seminar. The seminar will host sessions that provide various practical applications and insights across a broad spectrum of industry disciplines. (Please refer to the program guide for more information including titles, descriptions, and speakers)

2017 NA Survey Results - Machine Learning and Advanced Analytics Practices
Recent Research – Tranches and Layers of Risk
Current Issues in Vehicle Safety - Highway Loss Data Institute

Beyond Insurance & Innovation
Evolution in Technology and Demographics: An Impact on the Insurance Industry
Wellness Data: The Next UBI?
UBI Smartphone Apps: What's hot and what's not
Evolution in Business Models for Insurance
Telematics and the Internet of Things

Commercial Lines
The Competitive Weapon - Alignment of Analytics and Commercial Underwriting
Where Will the Drones Take Us?
Business Owner’s Policies in the Big Data Era
Where Cyber Security Meets Insurance: Challenges Presented and Opportunities Created
3D Printing: Hype or Reality?
Beyond UBI – Commercial Insured Usage Data as a Customer Added Value

Data Management
Demystifying Data Quality Tools
Applying “Big Data” Analytics in the Insurance Sector
CAS Data and Technology Working Party Report

Data Science and Predictive Analytics
Bayesian Analysis of Big Data
Tutorial on Open Source Text Mining
Genetic Algorithms with Applications to Insurance
Easy Tree-sy: Everyday Applications for Decision Trees

Enterprise Risk & Capital Modeling
Intro to Profit and Contingency Loading in Ratemaking
Balancing Risk Appetite and Risk Tolerance in Ratemaking and Product Management
Ratemaking, Product Management, Predictive Analytics- How does it all fit within an ERM Framework as regards Governance and Accountability
Sustainable ERM Working Party
Business Planning within A capital Management Framework

International
Residential Flood Insurance in Canada and Learnings for the US
Internet of things for international P&C business
Predictive Analytics in Strategy and Decisions – A Tour Around the Globe

Models, Applications & Implementation Issues
Point Estimation Models vs Ranking Models
Implementing a Predictive Model: Challenges And Considerations For Success
Application Of Text Mining In Claims Analytics: A Case Study
Modeling and Analytics in a UBI Setting

Personal Lines
Vehicle History: Insurance Scoring for Your Car
HLDI - Current issues in vehicle safety
Increase Precision in Auto Territory Rating
IoT’s Impact on the Distribution, Rating and Underwriting of Personal Auto
Concierge Claim Service: The Future of Claims with IoT and Telematics
Development of Class Rates

Predictive Modeling - Beyond GLMs
Comparing Machine Learning and Conventional Statistical Techniques In Claims Models
Overview and Practical Application Machine Learning Methods in Pricing – Part 1
Ensembles and Combining Models
2017 NA survey results - machine learning and advanced analytics practices
Overview and Practical Application Machine Learning Methods in Pricing – Part 2

Predictive Modeling - Linear Modeling
Nonparametric GLMs
And the Winner Is: How to Pick a Better Model
GLM - I
GLM - II
GLM - III - The Matrix Reloaded

Product Management
Competitive Analysis: Know the Data, Know the Market
Multi-Product Optimization: Challenges and Opportunities
Perspectives on Actuarial vs. Product Management Roles
Auto & Home Residual Markets Today – Their Size, Function, and Challenges

Professionalism
Rogue Actuary: A Professionalism and Predictive Modeling Story
Lights! Camera! Professionalism!
Who Wants to Be an Actuary?
Discussion of Proposed Property/Casualty-focused Actuarial Standard of Practice

Ratemaking Call Paper Program
An Alternative Approach to Credibility for Large Account and Excess of Loss Treaty Pricing
Removing Bias—the SIMEX Procedure

Regulation
Rate and Form Regulation – The Latest from the NAIC
What Makes a Good California Filing?
Perspectives on Rate Filing Support for Predictive Models
Price Optimization: Regulatory Overview and Permitted Practices
Navigating the Regulatory Environment Around

Workers Compensation and Health Care
Workers Compensation—State of the Market
Workers Compensation—Selected State Issues
Using Predictive Analytics to Decompose Workers Compensation Loss Triangle Anomalies
Impact of PPACA on Workers Compensation Insurance
Hospital Professional Liability—How Do We Price a Moving Target?

 

Workshops

WORKSHOP 1: SEVERE WEATHER

A laptop or other connected device is NOT needed for this workshop

This popular workshop gives the attendees an opportunity to learn more about how Natural Catastrophe Models are developed and used within Property and Casualty Insurance. The workshop starts with a series of sessions that will explore the science underlying three Catastrophe Models (Earthquake, Wildfire, Severe Convective Storm), with an opportunity for a Q&A session with representatives from Cat modeling firms. The afternoon will include sessions that explore how weather information is being used in the insurance industry, focusing in on current topics of interest including Flood insurance and Catastrophe bonds.

WORKSHOP 2: PREDICTIVE MODELING

A Laptop is required for this workshop.

This popular, hands-on, interactive predictive modeling workshop has been offered at the RPM seminar now for several years. It will be conducted exclusively in the R statistical computing language, which is widely adopted by statisticians and data scientists.

The course will provide a refresher of regression theory before proceeding to a variety of practical modeling applications and case studies. The focus will be on generalized linear models (GLMs) — their specification, interpretation, and validation. A variety of distributions will be covered, including classical, Poisson, logistic, gamma, and Tweedie. Other topics will be discussed and illustrated as time permits. All datasets will be distributed to attendees prior to the seminar.

Important note: familiarity with R is assumed. An "introduction to R" presentation will be distributed before the seminar which will contain a primer on basic features and statistical functions, as well as installation instructions, that will enable beginners to get up to speed. While R beginners are encouraged to attend, they should make some attempt to become comfortable with the language prior to the workshop. This workshop has been designed for beginning predictive modelers, but more experienced modelers seeking a refresher or a deeper working knowledge of R have attended past workshops and expressed satisfaction with the coverage of topics.

WORKSHOP 3: PRODUCT DEVELOPMENT WORKSHOP

This workshop will explore the different stages of product development with hands on exercises for the attendee. Industry leaders will serve as facilitators to review historical processes and to help guide the attendees throughout the day. Attendees will work in teams to develop fictitious products that will be discussed and integrated into the facilitator's lesson plans.

WORKSHOP 4: INTRODUCTION TO R

A Laptop is required for this workshop.

Are you one of the millions of actuaries around the world who wish they could draw maps showing the progress of hurricanes, fit generalized linear models to predict sporting events, create complex Monte Carlo simulations, or fit loss distributions? Or maybe you're the sort of person who wants to fit a stochastic reserving model and have a computer display stacks of pretty pictures for you. Do you want one point of access for all of your Excel, text, database and web-based data? Are you fascinated by programmers whose first names begin with the letter "R"?

If that's the sort of person you are, this is the workshop for you. And if none of those people is you, maybe all you want is to be able to get R to work for your computer. We can take care of that too.

R is the single most important technological advance for actuaries since the invention of the pocket calculator. Come see what all the fuss is about.

Requirements for this workshop:

  • A functioning laptop (PC or Mac)
  • Installation of R and RStudio in advance of the workshop (instructions and support for this will be provided)
  • Patience, enthusiasm and a sense of humor (instructions for this are available upon request)

WORKSHOP 5: CAPITAL ALLOCATION AND RISK/REWARD DECISION-MAKING IN AN ERM FRAMEWORK

This workshop will provide a historical primer on the subject and address past and current research of the practical ways in reflecting the cost of capital for ratemaking and decision-making. This primer will discuss aspects as developed by Merton-Perold, Myers-Read, Mango's asset share model, and the RMK procedures. Also considered will be current research as it relates to how actual capital should perhaps be considered in percentile layers and/or traunches, based on the risk metrics considered. We have come a long way in ratemaking since using premium to surplus ratios of 30 years ago. Let's continue the evolution.

A laptop is recommended for participation in this session as we will have hands-on technical sessions where the audience will be charged with an exercise in allocating capital to lines of business considering various methods. Participants will work in groups to make strategic recommendations based on their respective results. Role playing will be involved. Attendees will have access to data in advance.

WORKSHOP 6: PREDICTIVE MODELING — ADVANCED

A Laptop is required for this workshop.

Although the Generalized Linear Model (GLM) is a natural foundation for much actuarial work, it is best viewed as a starting point, not the last word on the subject. This day-long, hands-on, R-based workshop will discuss a variety of statistical learning methods that either refine or serve as complements to the GLM framework. Generalized Additive Models [GAM] will be discussed as a means to capture potentially complex nonlinear relationships.

Multilevel/hierarchical models, ridge regression, and lasso regression will be discussed as a way of achieving shrinkage ("credibility weighting") effects within linear models.

Various forms of tree-based modeling (CART, random forests, boosted trees) will be used to exemplify the use of non-parametric, machine learning, and ensemble methods. Time permitting, other machine learning methods such as support vector machines [SVM] and artificial neural networks [ANN] will also be discussed. Core themes such as the bias-variance tradeoff and cross-validation will be woven throughout the presentation. The workshop will assume a working knowledge of the R statistical computing environment and GLM modeling.

WORKSHOP 7: DATA VISUALIZATION: GIS FOR ACTUARIES WORKSHOP

A Laptop is required for this workshop.

This workshop is intended to introduce actuaries to the wonderful world of geographic information science (GIS). GIS can be used to visualize insurance data at a range of scales all the way down to the policy or location level. Additional applications include appending third-party data, enhancing analysis using geographic relationships, and the creation of customized or granular rating territories.

The first part will be a lecture on GIS basics such as data types, geocoding addresses, locating and using third-party data, cartographic representation, and simple geoprocessing workflows.

The second half will be a hands-on tutorial taught in ArcGIS for Desktop. Instructions on software and data installation will be provided to all participants that pre-register.

 

Schedule

 

SUNDAY, MARCH 26, 2017

3:00 p.m. – 5:00 p.m.

RPM Workshop Registration

MONDAY, MARCH 27, 2017 - WORKSHOPS

8:00 a.m. – 3:30 p.m.

RPM Workshop Registration

8:00 a.m. – 9:00 a.m.

Workshop Continental Breakfast

9:00 a.m. – 5:00 p.m.

Full Day Workshops

10:30 a.m. – 11:00 a.m.

Workshop Networking & Refreshment Break

12:30 p.m. – 1:30 p.m.

Workshop Luncheon

3:00 p.m. – 3:30 p.m.

Workshop Networking & Refreshment Break

4:00 p.m. – 6:30 p.m.

RPM Seminar Registration
Speaker Tech Support Room

4:30 p.m. – 6:00 p.m.

Welcome Reception & Exhibits

TUESDAY, MARCH 28, 2017 - SEMINAR

7:00 a.m. – 6:00 p.m.

Seminar Registration

7:00 a.m. – 8:00 a.m.

Continental Breakfast

7:00 a.m. – 7:45a.m.

Roundtables

7:55 a.m. – 9:30 a.m.

Opening Session/Keynote Address

9:30 a.m. – 10:00 a.m.

Networking and Refreshment Break with exhibits

10:00 a.m. – 11:15 a.m.

Concurrent Sessions 1

11:15 a.m. – 12:15 p.m.

Luncheon

12:15 p.m. – 1:30 p.m.

Concurrent Sessions 2

1:30 p.m. – 2:00 p.m.

Networking Break with exhibits

2:00 p.m. – 3:15 p.m.

Concurrent Sessions 3

3:15 p.m. – 3:45 p.m.

Networking Break with exhibits

3:45 p.m. – 5:00 p.m.

Concurrent Sessions 4

5:00p.m. – 6:30p.m.

Reception and exhibits

WEDNESDAY, MARCH 29, 2017

7:00 a.m. – 1:30 p.m.

Registration

7:00 a.m. – 8:00 a.m.

Continental Breakfast with exhibits

8:00 a.m. – 9:15 a.m.

Concurrent Sessions 5

9:15 a.m. – 9:30 a.m.

Networking Break with exhibits

9:30 a.m. – 10:45 a.m.

Concurrent Sessions 6

10:45 a.m. – 11:15 a.m.

Networking and Refreshment Break with exhibits

11:15 a.m. – 12:30 p.m.

Concurrent Sessions 7

12:30 p.m. – 1:15 p.m.

Box Lunch

1:15 p.m. – 2:30p.m.

General Session/Closing

 

Receptions and roundtables

DINNER GROUPS

March 28

Not sure what to do with your free evening? Sign up for a dinner group and explore San Diego’s culinary scene with other attendees from the conference. This is a great networking opportunity! The dinner group will meet at the Seminar Registration Desk 30 minutes before the time of the dinner reservation and walk together to the restaurant.

Reserve Your Seat
Participants are responsible for their own expenses.

Please note that Dinner Groups are purely for informal networking and not third-party business.Flour & Barley - Brick Oven Pizza San Diego
Cuisine: Pizza
Approximately 9 minute walk from the Marriott Marquis San Diego Marina
Walking Directions
Price: $30 and under
Reservation Time: 7:30 pm (Meet at the Seminar Registration Desk by 7:00 pm)
Pizza pies and craft beer is what we handle best. Individual brick oven-style pizzas with wood-fired crusts made with All Trumps flour, San Marzano tomatoes, whole milk mozzarella and house-made toppings along with Italian-inspired appetizers, pasta dishes, Panini’s and salads. Flour & Barley also feature barrel aged & handcrafted cocktails as well as an extensive beer program with seasonal beers on draft and wine selections.

Harbor House
Cuisine: Seafood
Approximately 9 minute walk from the Marriott Marquis San Diego Marina
Walking Directions
Price: $30 and under
Reservation Time: 7:30 pm (Meet at the Seminar Registration Desk by 7:00 pm)
The Harbor House opened in 1980, and serves fresh fish, shellfish, premium steaks and local draft beers.

The Lion’s Share
Cuisine: American, Wild Game
Approximately 8 minute walk from the Marriott Marquis San Diego Marina
Walking Directions
Price: $30 and under
Reservation Time: 7:30 pm (Meet at the Seminar Registration Desk by 7:00 pm)
In addition to modern American fare, The Lion's Share features exotic meats seldom found in other restaurants. The menu pairs well with an interesting wine list focused around small production wineries. Last, but not least, they offer hand-crafted cocktails considered amongst the best in the city in an eclectic atmosphere with a friendly staff.