Managing evolving risks and true costs
Technological changes – like access to cheaper and faster processing power, and rapid AI development – are driving actuarial modelling evolution. As reliance on digital systems brings new operational risks, regulators are putting guardrails on technologies that threaten consumer protection and financial stability goals. This white paper reveals how to navigate the changes and challenges.
Actuarial modelling: a special report on processes, systems and opportunities
Download white paperThere’s more at stake than modelling compute costs
InsuranceERM's special report, in collaboration with FIS®, examines the trends in actuarial modelling systems and processes that improve the performance and efficiency of actuarial tasks to make your money work harder.
- The hidden costs of actuarial modelling systems Understanding the total cost of ownership means taking a holistic approach that goes beyond software licences to people, processes and risk.
- Opportunities for advanced computing hardware Learn how cloud, GPUs and quantum computing can improve actuarial calculations.
- Shifting risks and AI modelling regulations Increasing automation, AI use, and cloud reliance have new risk implications, while complex rules are impacting actuaries’ approach to AI use in modelling.
- Impact on actuarial careers in the AI era Process automation promises to eliminate dull and repetitive tasks but will require upskilling for more coding and clarity in communicating AI models’ implications.
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