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Artificial Intelligence: Approaching the Next Frontier of Life Insurance

8 September 2021

The Joint Regional Seminar (JRS) is an annual event co-organized by the Institute & Faculty of Actuaries and Actuaries Institute Australia with the support of the local actuarial societies in the region. A half-day regional programme will be presented in the afternoon on 8 September 2021, hosted virtually by the Actuarial Society of Hong Kong, for all participants from the Asia region. This year's theme is “The Post-pandemic Actuarial World".

Artificial Intelligence: Approaching the Next Frontier of Life Insurance

Outside of the insurance industry, artificial intelligence has been disrupting industries and skyrocketing companies to be the leaders of their own industry. Naturally, we ask: How can we bring Artificial Intelligence (AI) to our organization?

Abroad, some insurance companies have applied strategic data collection and implementation of machine learning to better understand their customer risk and tailor their operations accordingly. All this is afforded to them by strategic data collection and implementation of machine learning to better understand their customer risk and tailor their operations accordingly. By extension we ask: How can I bring such technologies into my organisation? 

The stark reality is that many organisations fail to meet the similar criteria to implement data science as such. Thankfully, this lack of business readiness is derived from the same pitfalls common across many organisations we have encountered and we are here today to share our thoughts on how to prevent, minimize or overcome these hurdles. 

In this session, Ross Moore and Thomas Chu, from Deloitte Actuarial and Insurance Solutions, will share their insights on the latest AI trends in Life Insurance, why organisations fail to leverage their data and best practices to combat this gap from a business, technological and cultural perspective.

Join Ross and Thomas in their session on 8 September, 02:05 PM to learn more. 

Joint Regional Seminar 2021

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Ross Moore

Ross Moore

Ross has over 15 years of experience in the banking and insurance industries, with extensive experience in data, machine learning and financial crime. ML experience includes applications within market... More

Thomas Chu

Thomas Chu

Thomas is a Data Science Senior Consultant in the Life Insurance practice of Deloitte Actuarial in Hong Kong. Prior to Deloitte, he had worked in Accenture London developing data science solutions foc... More