Telematics and Actuarial Pricing

Announcement from the EAA organiser:

With decreasing loss frequencies in motor insurance less data becomes available for pricing actuaries. At the same time pricing should become more dynamic and better individualised. Telematics is a source of data, in the meantime widely used by insurance companies in and outside of Europe. With this data more interconnection with clients is possible and new product ideas arise. But for actuaries these rich data mostly is condensed into a score which is not necessarily intended for actuarial purposes.

The web session first gives an overview of current practices of applications of telematics in Europe and outside of Europe. Then best practices in pricing with telematics will be discussed and that leads to an actuarial discussion about the inclusion of big telematics data into the actuarial data-pool. The web session will close with some innovative actuarial approaches and solutions.

Participants

This web session is mainly intended for pricing actuaries and product managers in non-life insurance. Nevertheless, telematics also becomes more and more relevant in the personal insurance lines, so the web session is also recommended for interested actuaries and product managers from life and health insurance.

Technical Requirements

Please check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure that you are joining the web session with a stable internet connection.

Click here to make reservation: Your early-bird registration fee is € 200.00 plus 19% VAT for bookings by 16 August 2023. After this date, the fee will be € 270.00 plus 19% VAT.