2018 Underwriting Collaboration Seminar

Event Details

-

InterContinental New Orleans
444 St Charles Ave
New Orleans, LA 70130

June 15, 2018

About This Event

The Casualty Actuarial Society (CAS) and The Institutes CPCU Society invite you to be a part of the 2018 Underwriting Collaboration Seminar scheduled for June 26-27, 2018 in New Orleans, LA.

Event Information

June 26-27, 2018
InterContinental New Orleans
New Orleans, LA

The Casualty Actuarial Society (CAS) and The Institutes CPCU Society invite you to be a part of the 2018 Underwriting Collaboration Seminar scheduled for June 26-27, 2018 in New Orleans, LA.

The Committee strives to construct a rich program addressing issues, applications and insight across a broad spectrum of professional practices and fostering cross-pollination and collaboration of risk management professionals without regard to industry sector or geographic location.

CONTACT INFORMATION

  • For more information on this Seminar content, please contact Nora Potter, CAS Professional Education Coordinator.
  • For more information on attendee registration, please email the arc@casact.org.
  • For more information on this Seminar other than registration or content issues, please email meetings@casact.org.
  • For more information on other CAS opportunities or administrative policies such as complaints and refunds, please contact the CAS Office at (703) 276-3100 or by email.

 

Event registration

Registration is now closed. Registration will be available onsite Tuesday, June 26 in New Orleans.

Registration fees include all seminar materials, as well as lunch and an evening reception on Tuesday, and continental breakfasts and refreshment breaks on both Tuesday and Wednesday.

NOTE: A user account is required in order to register for this event. To create an account, please fill out the New Visitor Registration form. You will be able to register online once your account is created.

If you choose to register via print registration and you do not have an account, an account will be created for you based on the information you provide on the form.

If you have any questions or concerns about creating a user account, please email the Actuaries' Resource Center at arc@casact.org.

Registrations received after June 15, 2018 will be subject to a $200 late fee. The CAS Office staff will send a confirmation by email to all registrants.

REGISTRATION FEES

 

REGISTRATION TYPE

RECEIVED ON/BEFORE JUNE 15

RECEIVED AFTER JUNE 15

CAS/CPCU Member (Active Candidates*, Associates, and Fellows of the Casualty Actuarial Society)

$675

$875

Non-CAS/CPCU Member

$875

$1,075

Panelist/Moderator CAS/CPCU Member

$338

Panelist/Moderator Non-CAS/CPCU Member

$0

Post-Event Session Recordings**

$50

* An active Candidate is a non CAS member who has attempted at least one actuarial exam in the last two years.

** 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.

CANCELLATION POLICY

Registration fees will be refunded for cancellations received by the CAS Office on or before June 15, 2018, less a $100 processing fee. Only written cancellations will be honored. Please send cancellation requests via fax to (703) 276-3108 or email to refund@casact.org.

In the rare event that a CAS meeting is canceled, participants receive a full refund for registration fees paid. Transportation and hotel costs or fees are the responsibility of attendee and are therefore not reimbursable by the CAS.

 

Registration Information

REGISTRATION

Registration is now closed. Registration will be available onsite Tuesday, June 26 in New Orleans.

Registration fees include all seminar materials, as well as lunch and an evening reception on Tuesday, and continental breakfasts and refreshment breaks on both Tuesday and Wednesday.

NOTE: A user account is required in order to register for this event. To create an account, please fill out the New Visitor Registration form. You will be able to register online once your account is created.

If you choose to register via print registration and you do not have an account, an account will be created for you based on the information you provide on the form.

If you have any questions or concerns about creating a user account, please email the Actuaries' Resource Center at arc@casact.org.

Registrations received after June 15, 2018 will be subject to a $200 late fee. The CAS Office staff will send a confirmation by email to all registrants.

REGISTRATION FEES

 

REGISTRATION TYPE

RECEIVED ON/BEFORE JUNE 15

RECEIVED AFTER JUNE 15

CAS/CPCU Member (Active Candidates*, Associates, and Fellows of the Casualty Actuarial Society)

$675

$875

Non-CAS/CPCU Member

$875

$1,075

Panelist/Moderator CAS/CPCU Member

$338

Panelist/Moderator Non-CAS/CPCU Member

$0

Post-Event Session Recordings**

$50

* An active Candidate is a non CAS member who has attempted at least one actuarial exam in the last two years.

** 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.

CANCELLATION POLICY

Registration fees will be refunded for cancellations received by the CAS Office on or before June 15, 2018, less a $100 processing fee. Only written cancellations will be honored. Please send cancellation requests via fax to (703) 276-3108 or email to refund@casact.org.

In the rare event that a CAS meeting is canceled, participants receive a full refund for registration fees paid. Transportation and hotel costs or fees are the responsibility of attendee and are therefore not reimbursable by the CAS.

 

Program guide

http://2018ucsiframe.azurewebsites.net/

Planning committee

Carl Ashenbrenner (Chair)
Robert Galbraith (Vice-Chair)

Dorothy Andrews
Lamont Boyd
Carly Burnham
George Davis
Chris Dougherty
Guo Harrison
James Merz
Scott Sobel
Stephanie Wells
Arthur Zaremba
Steven Zielke

 

Lodging

The 2018 Underwriting Collaboration Seminar will be held at:

InterContinental New Orleans
444 St Charles Ave
New Orleans, LA 70130
Front Desk: (504) 525-5566
Toll Free: 1 800 IC HOTELS
Reservations: 1-800-439-4745

Authentic New Orleans luxury meets you at the InterContinental New Orleans — where impeccable, Four-Diamond accommodations and service are matched only by our perfect location. This is the place to immerse yourself in Big Easy culture, just steps away from the historic French Quarter and the riverfront. Business and leisure travelers alike soak in the subtle quiet of our hotel while remaining close to the exciting pace of the city.

Room Rate: $139 for single/double room, plus taxes and is inclusive of high-speed Internet access within the sleeping room (up to 2mbps). Reservations must be made prior to 5:00 p.m. (local hotel time) on June 8, 2018. Check in at the InterContinental New Orleans is 4:00 p.m. and check out is by 12:00 p.m.

Reservations may be made online or via telephone:

  • Online reservations
  • For 24-hour telephone reservations, call 800-439-4745 and specify the InterContinental New Orleans and reference “Underwriting”.

While reservations must be made prior to 5:00 p.m. on June 8, 2018, in order to receive the $139 rate, there is no guarantee that rooms will be available should you wait until this date. CAS strongly suggests that you make your room reservations early to secure accommodations.

TRANSPORTATION INFORMATION

Perfectly placed in the heart of the Big Easy, InterContinental New Orleans is a short 16-mile drive from Louis Armstrong International Airport (MSY). Taxicab service is available at the airport, and the hotel partners with Airport Shuttle, a local shuttle service. Visit their website or call 504-522-3500 to arrange transportation.

IMPORTANT INFORMATION REGARDING OFFICIAL UNDERWRITING COLLABORATION SEMINAR HOTEL

The Casualty Actuarial Society is able to conduct high-quality meetings 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. We kindly request that all meeting attendees take advantage of the group rate and stay at the official Underwriting Collaboration Seminar property, InterContinental New Orleans.

ADDITIONAL ACCOMMODATION INFORMATION

For more information on the hotel or New Orleans, please visit http://www.icneworleans.com/, or https://www.neworleans.com/, respectively.

SUGGESTED ATTIRE

Casual business attire is suggested for the conference sessions and receptions. It is best to wear layered clothing as meeting rooms tend to fluctuate in temperature.

In New Orleans, the average high temperature during June is 84 degrees F and the average low is 66 degrees F.

 

Other information

https://www.casact.org/education/underwriting/2018/LOA.pdf

General sessions

APPLICATIONS OF HUMAN-CENTERED DESIGN IN UNDERWRITING

Traditional economic theory posits that people make decisions by rationally weighing together all available information in ways that are economically optimal, based on well-articulated sets of fixed preferences. It's easy to see how this assumption doesn't hold up in real-world situations. Behavioral economics studies the psychology of how actual Humans – as opposed to idealized Econs – make decisions, both on the job and in their everyday lives. This session will focus on both the challenges – and the opportunities – resulting from the fact that both insurance underwriters and policyholders are, well, Human. Quirks of human psychology imply that underwriting decisions can be improved through the use of algorithms; but they must be designed with the underwriter in mind, rather than being designed to replace human judgment. Then we’ll discuss ways in which choice architecture – another form of human-centered design – can be used to nudge policyholder behavior in economically beneficial and pro-social ways.

Speakers:
Kelly Cusick, Managing Director, Deloitte Consulting LLP
Jim Guszcza, US Chief Data Scientist, Deloitte Consulting, LLP

2017 NATURAL CATASTROPHES - A YEAR TO FORGET OR A YEAR TO REMEMBER AND LEARN FROM?

From a natural catastrophe perspective, 2017 was an extraordinary year in which insured losses in the United States alone due to weather and catastrophic events was over $85 billion according to PCS, with significant losses from multiple severe thunderstorms, hurricanes and wildfires. Given such a big loss year, several important questions have emerged.

  • What did each of these perils and major events teach us about catastrophic risk and how to manage it?
  • Will we look back on 2017 as a blip in the multi-year lull in global cat losses, a shift away from the quiescent period since 2011, or are we moving into a new normal?
  • What can be learned from the devastation to more effectively manage, price and underwrite new/existing business given the events of 2017?

Speakers:
Brian Bastian, Assistant Vice President & Meteorologist, JLT Re
Eric Robinson, Manager, Principal Scientist - Research and Modeling, AIR Worldwide
Andrew Siffert, Vice President & Senior Meteorologist, BMS Re US

 

Schedule

 

TUESDAY, JUNE 26, 2018

7:30 a.m. –8:30 a.m.

Registration

7:30 a.m. –8:30 a.m.

Continental Breakfast

8:30 a.m. –10:00 a.m.

General Session 1

10:00 a.m. – 10:15 a.m.

Refreshment Break

10:15 a.m. – 11:30 a.m.

Concurrent Sessions

11:30 a.m. –1:00 p.m.

Luncheon

1:00 p.m. –2:15 p.m.

Concurrent Sessions

2:15 p.m. –2:30 p.m.

Refreshment Break

2:30 p.m. –3:45 p.m.

Learning Lounges

4:00 p.m. –5:15 p.m.

Concurrent Sessions

5:30 p.m. –6:30 p.m.

Reception

7:30 p.m.

Dinner Group - Meet at Seminar Registration Desk at 7:00

WEDNESDAY, JUNE 27, 2018

7:00 a.m. –8:00 a.m.

Registration

7:00 a.m. –8:00 a.m.

Continental Breakfast

8:00 a.m. - 9:30 a.m.

General Session 2

9:30 a.m. - 9:45 a.m.

Networking Break

9:45 a.m. - 11:00 a.m.

Concurrent Sessions 4

11:00 a.m. - 11:15 a.m.

Refreshment Break

11:15 a.m. – 12:30 p.m.

Concurrent Sessions 5

 

Receptions and roundtables

DINNER GROUP

June 26
Not sure what to do with your free evening? Sign up for a dinner group and explore NOLA’s culinary scene with other attendees from the seminar. 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.

Galliano - Menu
Cuisine: Cajun
Approximately 10 minute walk from the Intercontinental New Orleans
Walking Directions
Price: $30 and under
Reservation Time: 7:30 pm (Meet at the Seminar Registration Desk by 7:00 pm)
Located on the corner of Fulton and Julia (200 Julia), Galliano Restaurant is the rustic. casual cousin of Restaurant Rebirth. Chef Ricky Cheramie twists traditional homestyle Cajun creations in a contemporary fashion to create a taste and feel of the bayous of Louisiana. This new menu features swamp favorites such as alligator, crawfish, and raw oysters; from the flatlands they deliver wild boar sausage, duck, Cajun marinated prime rib, and of course chicken--Chef Ricky style. Beers are all local and are served in bottles and on tap. And for our wine lovers Manny Pineda has developed a list exclusively for this menu.

 

General sessions

APPLICATIONS OF HUMAN-CENTERED DESIGN IN UNDERWRITING

Traditional economic theory posits that people make decisions by rationally weighing together all available information in ways that are economically optimal, based on well-articulated sets of fixed preferences. It's easy to see how this assumption doesn't hold up in real-world situations. Behavioral economics studies the psychology of how actual Humans – as opposed to idealized Econs – make decisions, both on the job and in their everyday lives. This session will focus on both the challenges – and the opportunities – resulting from the fact that both insurance underwriters and policyholders are, well, Human. Quirks of human psychology imply that underwriting decisions can be improved through the use of algorithms; but they must be designed with the underwriter in mind, rather than being designed to replace human judgment. Then we’ll discuss ways in which choice architecture – another form of human-centered design – can be used to nudge policyholder behavior in economically beneficial and pro-social ways.

Speakers:
Kelly Cusick, Managing Director, Deloitte Consulting LLP
Jim Guszcza, US Chief Data Scientist, Deloitte Consulting, LLP

2017 NATURAL CATASTROPHES - A YEAR TO FORGET OR A YEAR TO REMEMBER AND LEARN FROM?

From a natural catastrophe perspective, 2017 was an extraordinary year in which insured losses in the United States alone due to weather and catastrophic events was over $85 billion according to PCS, with significant losses from multiple severe thunderstorms, hurricanes and wildfires. Given such a big loss year, several important questions have emerged.

  • What did each of these perils and major events teach us about catastrophic risk and how to manage it?
  • Will we look back on 2017 as a blip in the multi-year lull in global cat losses, a shift away from the quiescent period since 2011, or are we moving into a new normal?
  • What can be learned from the devastation to more effectively manage, price and underwrite new/existing business given the events of 2017?

Speakers:
Brian Bastian, Assistant Vice President & Meteorologist, JLT Re
Eric Robinson, Manager, Principal Scientist - Research and Modeling, AIR Worldwide
Andrew Siffert, Vice President & Senior Meteorologist, BMS Re US

 

Schedule

 

TUESDAY, JUNE 26, 2018

7:30 a.m. –8:30 a.m.

Registration

7:30 a.m. –8:30 a.m.

Continental Breakfast

8:30 a.m. –10:00 a.m.

General Session 1

10:00 a.m. – 10:15 a.m.

Refreshment Break

10:15 a.m. – 11:30 a.m.

Concurrent Sessions

11:30 a.m. –1:00 p.m.

Luncheon

1:00 p.m. –2:15 p.m.

Concurrent Sessions

2:15 p.m. –2:30 p.m.

Refreshment Break

2:30 p.m. –3:45 p.m.

Learning Lounges

4:00 p.m. –5:15 p.m.

Concurrent Sessions

5:30 p.m. –6:30 p.m.

Reception

7:30 p.m.

Dinner Group - Meet at Seminar Registration Desk at 7:00

WEDNESDAY, JUNE 27, 2018

7:00 a.m. –8:00 a.m.

Registration

7:00 a.m. –8:00 a.m.

Continental Breakfast

8:00 a.m. - 9:30 a.m.

General Session 2

9:30 a.m. - 9:45 a.m.

Networking Break

9:45 a.m. - 11:00 a.m.

Concurrent Sessions 4

11:00 a.m. - 11:15 a.m.

Refreshment Break

11:15 a.m. – 12:30 p.m.

Concurrent Sessions 5

 

Receptions and roundtables

DINNER GROUP

June 26
Not sure what to do with your free evening? Sign up for a dinner group and explore NOLA’s culinary scene with other attendees from the seminar. 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.

Galliano - Menu
Cuisine: Cajun
Approximately 10 minute walk from the Intercontinental New Orleans
Walking Directions
Price: $30 and under
Reservation Time: 7:30 pm (Meet at the Seminar Registration Desk by 7:00 pm)
Located on the corner of Fulton and Julia (200 Julia), Galliano Restaurant is the rustic. casual cousin of Restaurant Rebirth. Chef Ricky Cheramie twists traditional homestyle Cajun creations in a contemporary fashion to create a taste and feel of the bayous of Louisiana. This new menu features swamp favorites such as alligator, crawfish, and raw oysters; from the flatlands they deliver wild boar sausage, duck, Cajun marinated prime rib, and of course chicken--Chef Ricky style. Beers are all local and are served in bottles and on tap. And for our wine lovers Manny Pineda has developed a list exclusively for this menu.