📅 Just concluded an engaging two days at the Insurance Data Science Conference hosted by Stockholm University's Department of Mathematics. This year's conference attracted over 170 participants from more than 20 countries across five continents, encouraging a global exchange on the fusion of data science and the insurance sector. François HU presented a leading-edge research titled "Ensuring Algorithmic Fairness in Insurance Pricing: A Multi-Class Problem Perspective." This study, recognized in the Journal of Machine Learning Research (JMLR) in 2024, tackles the significant challenge of bias in AI systems within insurance pricing and introduces a new approach for maintaining fairness in predictive modeling. Yousra Cherkaoui shared insights from the study on "Cyber Risk Modeling Using a Two-Phase Hawkes Process with External Excitation," which confronts the growing issue of cyber risk in our increasingly digital economy. The model proposes a novel method for quantifying contagion effects in cyber risk, providing strategies for reducing the impact of cyber threats on insurance portfolios. Thank you to all the speakers, participants, and organizers for making the conference a success. #InsuranceDataScience #AlgorithmicFairness #CyberRiskModeling #StockholmUniversity
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We are thrilled to announce our 2024 individual grant research recipients! Congratulations to all the winners: Marco De Virgilis and Daniel Lupton : Applications of Graph Theory in Territorial Ratemaking Himchan Jeong and Bin Zou: Development of Telematics Risk Scores in Accordance with Regulatory Compliance Linfeng Zhang and Zhiyu Quan: Entity-Specific Cyber Risk Assessment Using Insurtech-Empowered Risk Factors and State-of-the-Art Machine Learning Algorithms Yang Lu and Hanieh Amjadian: Evaluating Model Risk in Property and Casualty Insurance Tong Zhiwei and Haibo Liu: Integrated Frequency and Severity Modeling for Extreme Losses Fei Huang and Joshua Loftus: Interpretable and Fair Insurance Risk Pricing Using Causal Models Liang (Jason) Hong, PhD, FSA: A New Approach to Detecting Insurance Fraud Kun Shi: Unveiling Nuances in Categorical Variables to Enhance Information Integration in Actuarial Applications Selected from nearly 50 proposals, these groundbreaking projects reflect the forefront of actuarial research, addressing key topics like machine learning and cybersecurity. "Investing in these projects supports CAS members in developing new skills, learning new techniques, and ultimately enhancing their professional capabilities,” says CAS Vice President-Research and Development, Morgan Bugbee, FCAS. Stay tuned for the announcement of the 2025 Individual Research Grants program this fall! #CASResearch #ActuarialScience #GrantWinners #InnovationInInsurance https://lnkd.in/eUnk5NNk
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16/17 May 2024 in Lisbon Actuarial Methods for Cyber Insurance Organised by the EAA – European Actuarial Academy GmbH in cooperation with the Instituto dos Actuários Portugueses. With the rise of digital economy, cyber risk has become a major concern for all customer segments. Although the development of “physical” protection strategies against cyber attacks is fundamental, no protection is perfect, and insurers are intended to play a crucial role in providing financial protection. The cyber-insurance market is increasingly developing but with important uncertainties on the real value of the guarantees, due to the nature of the risk itself. The emerging and evolving nature of cyber-risk and its potential systemic component make it one of the most important social and economic risks and questions its insurability.
The language of the seminar will be English.
actuarial-academy.com
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Risk, Resilience, and Recovery Professional | Planner | Strategist | Crisis Manager | Risk Mitigation | TS/SCI Cleared | Veteran
After presenting at DRI 2024 (New Orleans), Continuity Insights (Charlotte), and MIT's Advanced Resiliency course (Cambridge) this spring/summer, I finally get to stay home and do this one remote! Excited to be part of the upcoming panel with Donna Speckhard and Paula Fontana from iluminr. Join us next week for our insights on "Balancing the AI Risk/Reward Equation." #AIiscoming #AIishere #Risk #Resilience #RationalRisk
Global Insight Roundtable Series
https://iluminr.io
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#AGS2024 explored the dynamics of directorship and governance in a complex regulatory landscape. Insights from leading figures highlighted the need for board adaptability, strategic foresight and diversity to navigate AI, cybersecurity and climate change. For more summit highlights, click here: https://bit.ly/3WhU8px #CompanyDirector #Governance #ESG #Risk #CyberGovernance
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Sr Global Recruitment at BigID 💡 Know Your Data. Control Your Data. ⇢ Security • Compliance • Privacy • AI Data Management
🚀 Ready to supercharge your understanding of AI security, risk, and compliance? This event is tailor-made for you! We'll have a keynote featuring Forrester's Analyst, Allie Mellen, who will cut through the noise of how generative AI can be useful for practitioners in the short and long term. Don't just attend; Elev-AI-te your insights! 🎟️ https://bit.ly/3Icr2j5
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🚀 Ready to supercharge your understanding of AI security, risk, and compliance? This event is tailor-made for you! We'll have a keynote featuring Forrester's Analyst, Allie Mellen, who will cut through the noise of how generative AI can be useful for practitioners in the short and long term. Don't just attend; Elev-AI-te your insights! 🎟️ https://bit.ly/3Icr2j5
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A.I., risk assessment - we're constantly bombarded with talk of existential threats. Check out how this college course approached the subject with hope and optimism. https://buff.ly/3yDaGii
Are We Doomed? Here’s How to Think About It
newyorker.com
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A.I., risk assessment - we're constantly bombarded with talk of existential threats. Check out how this college course approached the subject with hope and optimism. https://buff.ly/3yDaGii
Are We Doomed? Here’s How to Think About It
newyorker.com
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🚀 Ready to supercharge your understanding of AI security, risk, and compliance? This event is tailor-made for you! We'll have a keynote featuring Forrester's Analyst, Allie Mellen, who will cut through the noise of how generative AI can be useful for practitioners in the short and long term. Don't just attend; Elev-AI-te your insights! 🎟️ https://bit.ly/3Icr2j5
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