Title The Digital Insurer Media name/outlet The Digital Insurer Media type Web Duration/Length/Size Panel Debate Country/Territory United Kingdom Date 13/12/2018 Description In the late 1800s the ‘father of life insurance’, Elizur Wright, laid the analytical foundations of today’s actuarial profession. 150 years later and the role of the actuary is under threat. Or is it?
New sources of data and new technologies are fundamentally changing the way that risk is understood and assessed. The wave of automation and the 4th industrial revolution seems to have the role of the insurance actuary in its sights. Is this the end of the road for the profession that underpins the insurance industry? Or a pivotal moment when the actuary adapts to meet the opportunities of the digital economy.
Producer/Author Rick Huckstep URL https://www.the-digital-insurer.com/blog/insurtech-is-the-insurance-actuary-an-endangered-species-or-simply-facing-an-evolutionary-make-over/ Persons Mark Farrell