Media Advisory: 2019 In Focus Virtual Seminar
WHAT: 2019 In Focus Virtual Seminar Hosted by the Casualty Actuarial Society
WHO: Members of the press are welcome to attend the seminar virtually and are asked to register in advance with Kate Niswander, CAS marketing and communications manager, at 703-276-3100 or kniswander@casact.org.
WHERE: Streaming remotely.
WHEN: October 1-3, 2019. Please note all times are Central.
WHY: Sessions from the 2019 In Focus Seminar to stay current with industry developments on emerging areas such as marijuana and predictive modeling.
DAY 1 – Emerging Risks (Tuesday, October 1)
Large Scale, Large Impact Risks You Likely Won’t See Coming
[10:00 A.M – 11:30 A.M.]
This session will teach attendees holistic assessment, help them understand what “profiling change processes” is and show them why a combination of technology and qualitative approaches is the best practice.
Speakers:
Guntram F.A. Werther, Research Professor, Temple University
The Grass is Greener: Seizing the Opportunity in the Marijuana Insurance Market
[1:00 P.M. – 2:30 P.M.]
This session will provide a framework for identifying and analyzing marijuana-related loss exposures, enabling listeners to develop policy forms, underwriting guidelines and rating plans.
Panelists:
Jim Binn, Executive VP, Advisen Ltd.
Adam Dolan, Principal, Goldberg Segalla
Mark Brannon, FCAS, Consulting Actuary, Merlinos & Associates, Inc.
Opioid Epidemic: Who is Responsible? Doctors-Pharmaceutical Companies-Attorneys-Insurance Companies?
[4:00 P.M. – 5:30 P.M.]
In this session experts in the insurance and healthcare industries share their insights into the cause of this epidemic, provide an update on recent improvements, and prognosticate on where we are headed.
Panelists:
Sara Hunt, Assistant Dean of Behavioral Health Sciences, University of Nevada Las Vegas School of Medicine
John Ruser, President and CEO, Workers Compensation Research Institute
Mark Pew, Senior Vice President, Product Development & Marketing, Preferred Medical
Alex Swedlow, President, California Workers’ Compensation Institute
DAY 2 – Advanced Analytics and Their Barriers (Wednesday, October 2)
Predictive Modeling From a Regulatory Perspective
[10:00 A.M. – 11:30 A.M.]
This session will go through generalized linear modeling and other predictive modeling techniques that are commonly seen in rate filings and outline regulatory concerns associated with those modeling techniques.
Speaker:
Karen Landrum, FCAS, CSPA, CEO, Navmatics Actuarial and Insurance Solutions
Darien Porter, ACAS, Property and Casualty Manager, South Carolina Department of Insurance
Illuminating the Black Box: Filing ML-Based Pricing Models
[1:00 P.M. – 2:30 P.M.]
This session will comprise a discussion of insights learned in the regulatory process for a recent wave of filings that used a Gradient Boosted Tree pricing model for commercial auto.
Panelists:
Ralph Dweck, FCAS, ISO/Verisk
Benyamin Kosofsky, ISO/Verisk
Ensembles and Combining Models
[4:00 P.M. – 5:30 P.M.]
This session will manage the complexities involved in ensemble models and combine GLMs and ensembles in ways that use each model’s strengths.
Speaker:
Chris Cooksey, FCAS, Head Actuary, Data & Analytics, Guidewire Software
For more information on the virtual seminar, visit the event page.
About the Casualty Actuarial Society
The Casualty Actuarial Society (CAS) is a leading international organization for credentialing and professional education. CAS credentials demonstrate the expertise to identify, analyze and advise on the potential financial impact of risk and uncertainty. Professionals educated by the Casualty Actuarial Society empower business and government to make well-informed strategic, financial and operational decisions.
