2024 Akur8 Sponsored Webinar: From Theory to Practice: Lasso Credibility's Impact on Actuarial Pricing

Event Details

12:00-1:30 PM

About This Event

Lasso Credibility is a new actuarial modeling technique using existing tools that will be introduced in the upcoming monograph “Penalized Regression and Lasso Credibility.” Lasso Credibility expands the scope of modeling for actuarial pricing analysis and allows for credible results on datasets that would not provide significant conclusions if using traditional GLM approaches. This webinar will introduce the theory behind the technique, it strengths and weaknesses, provide best practices on its implementation, and introduce expected pricing use cases for this methodology.

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