Perspectives
Actuaries Changing to Thrive (ACT!)
Actuary x Technology: Innovate, Integrate, Elevate
The Actuaries Changing to Thrive (ACT!), a new and exciting short-video series, brings key insights on the future insurance market trend. In the digital era, actuaries and other insurance practitioners need to innovate, integrate and elevate in their day-to-day roles with optimized usage of cutting-edge technologies to solve complex problems. Per each episode of the ACT! video series, our consulting and industry leaders will select a hot topic and discuss how the future will look like. Please join us in this exciting and insightful journey of exploring how we thrive on change and challenge.
ACT Episode 1: AI machine learning in enterprise risk management
In Hong Kong, the regulatory requirement in enterprise risk management is getting more stringent. Insurers, now more than ever, need to think broader how to enable efficient and automated risk identification and risk assessments on key business decision. In this episode, we will explore the following key questions:
- How AI machine learning works in financial institution
- how AI can add value compared to using these traditional statistical models
- Limitations
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