Casualty Actuarial Society

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CASACT - 1998 Data Management/Quality/Technology Call for Papers

1998 Data Management/Quality/Technology Call for Papers
April 1998

FROM: CAS Committee on Management Data and Information
RE: Call for 1998 Data Management/Quality/Technology Papers

The Casualty Actuarial Society in conjunction with the Insurance Data Management Association (IDMA) is extending a call for papers on Data Management, Quality, and Technology topics. This is the second call from the committee concerning data issues. Our first call in 1997 produced notable papers on geographic information technologies, integration of data technologies to actuarial processes, and statistical plans. The purpose of this program is to develop a source of literature on data topics for the casualty actuary.

Using and developing information is one of the casualty actuary’s principal activities. Data is the foundation from which this information is developed. It is crucial that casualty actuaries have access to sources that will help manage, develop, and create efficient databases for all our needs, as well as assure that these databases are of sufficient quality for the purposes they are going to be used.

Technological advances are enhancing the efficiency of data manipulation, insurance marketing, insurance operations, and actuarial analyses. As Dynamic Financial Analysis and Catastrophe Modeling have provided casualty actuaries with an ever-evolving scope of analyzing the risks that face our society, so too must the collation and manipulation of the associated data. As new and evolving loss exposures such an managed care errors and omissions continue to emerge, casualty actuaries must continue advancing the search for additional data elements and metrics that can be used in analyzing costs and trends of these exposures.

The casualty actuary’s work involves quantifying risk that is inherently uncertain due to variability of future contingent events, namely tort reform, operational changes, and claim litigiousness. Advancing methodologies in adjusting historical data to reflect contingent exogenous variables are needed.

The National Association of Insurance Commissioners’ development of the codification of statutory accounting principles may dictate securing additional data elements and affect data management.

The above ideas may be used as guidance for suggested topics. A prize will be awarded for the best submission and a few selected authors will be asked to present their papers at workshops scheduled during the March 1999 Ratemaking Seminar in Nashville, Tennessee. CAS members, IDMA members and non-members are invited to submit proposals.

We welcome all papers on Data Management/Data Quality/Data Technology topics. Several suggested areas include, but are not limited to the following:

  • Year 2000 and the Insurance Industry
  • Data Quality, Integrity, and Certification
  • The Actuary’s Role
  • Position Paper - Who Owns the Data? Who Should Have Access to the Data?
  • Database Administration and Development
  • Data Security
  • Data Management - The Actuary’s Role
  • Data Retention
  • Data Base Architecture
  • Systems/End User Interface
  • Programming Standards - set-up, naming conventions, user interface design
  • Emerging Technologies
  • Information Technology - Advantages and Disadvantages to Out-Sourcing
  • Actuarial Modeling- Catastrophes, Dynamic Financial Analysis, Environmental
  • Imaging and Document Management
  • Data Warehousing
  • Geo-Coding and Data Managers
  • EDI
  • Online Communication and the Internet
  • Data Security
  • Reengineering: Supporting Changing Business Needs and Changing Technologies
  • Object-Oriented Databases
  • Neural Networks
  • Emerging Technologies and Product Distribution Systems
  • Capturing Data for Existing and Newly Discovered/Unique Exposures
  • Data for Catastrophe Modeling
  • Data for Dynamic Financial Analysis
  • Data for Managed Care Errors and Omissions Exposure
  • Data for Toxic Tort, Asbestos, and Environmental Exposures
  • Statistical Plans - Insurer, Regulatory, Statistical Agent, Industry Perspectives
  • NAIC Codification
  • Data Issues, Capture, and Ramifications
  • Interpretation
  • Adjusting Actuarial Data for Exogenous Variables
  • Adjusting for Tort Reform
  • Adjusting for Changes in Insurance Company Operations
  • Change in Claim Philosophies
  • Change in Distribution Systems
  • Change in External Trends - Inflation etc.
  • Use of External Data
  • Industry Data Sources
  • Federal Data Bases

Timely submission of the discussion papers is critical and the following procedure will apply:

  1. By July 1, 1998, authors should submit proposals that include a title and short description to:
    Casualty Actuarial Society
    Attn: Committee on Management Data and Information
    1100 N. Glebe Road, Suite 600
    Arlington, VA 22201
    FAX: (703) 276-3108
    E-mail: office@casact.org
  1. By August 3, 1998, the Committee on Management Data and Information will make a decision on the proposals. A limited number of proposals will be accepted with preference given to papers that specifically address items listed above. The Discussion Paper Chairman will contact the authors regarding their proposals.
  1. A committee member will be assigned to work with each author and will monitor the author’s progress. Interim drafts, based on a schedule proposed by the author, may be requested.
  1. By October 1, 1998, a first draft will be required for committee member review and comments. The comments will be sent to the authors by November 2, 1998.
  1. By December 18, 1998, the completed paper of no more than 10,000 words and a 200-word abstract must be received by the Committee on Management Data and Information.
  1. Each paper will be screened by the Committee on Management Data and Information. Occasionally, an initially accepted proposal may result in a paper that does not meet the minimum standards established by the Committee (either due to relevance of material or quality of exposition). Therefore, some amount of rewriting may be required by the Committee for the paper to be included.
  1. Accepted papers will be printed, bound, and distributed in advance of the 1999 Ratemaking Seminar. The target date for distribution is February 15, 1999. (The number of papers distributed may be limited by the space available in the CAS Forum).
  1. A few authors will be asked to present their papers at the 1999 Ratemaking Seminar. These authors will be contacted in advance of the seminar regarding the nature of their presentation.
  1. A prize, in the amount of $1,000, will be awarded to the author of the best paper and will be presented at the 1999 Ratemaking Seminar. The winner will be selected by a review committee that will review the papers anonymously. The criteria for evaluation will include:
  • Originality of ideas
  • Understanding of complex concepts
  • Contribution to literature
  • Thoroughness of ideas expressed

All papers should be prepared in accordance with the "Guides for the Submission of Papers" in the 1998 CAS Yearbook. Non-member authors may obtain a copy from the CAS Web Site by clicking here.

The committee encourages authors to submit their papers for publication in the CAS Proceedings, in accordance with the "Guides for the Submission of Papers" in the 1998 CAS Yearbook. Acceptance of a paper for this call does not guarantee its publication in the Proceedings, however.

Your participation in this effort to produce new papers will contribute to the written body of knowledge for the CAS and to the success of the 1998 Data Management/Data Quality/Data Technology Call Paper Program.

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