Bridging the Gap: Uniting Reserving and Pricing for Smarter Insurance Decisions
March 13, 2025 at 12:00pm ET / 5:00pm CET
Loss reserving and policy pricing are two fundamental yet traditionally siloed functions within insurance operations. When disconnected, they create inefficiencies, misaligned assumptions, and delayed responses to emerging trends—ultimately impacting an insurer’s profitability and competitiveness. In this session, we’ll explore how integrating reserving and pricing can drive better financial outcomes, enhance agility, and create a more resilient insurance operation. We’ll walk through key challenges caused by data silos, examine a case study of a truly connected ecosystem, and discuss future opportunities for innovation. By the end, you’ll see how breaking down barriers between these actuarial domains isn’t just an operational improvement—it’s a strategic advantage.
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Bridging the Gap: Uniting Reserving and Pricing for Smarter Insurance Decisions
March 13, 2025 at 12:00pm ET / 5:00pm CET
Loss reserving and policy pricing are two fundamental yet traditionally siloed functions within insurance operations. When disconnected, they create inefficiencies, misaligned assumptions, and delayed responses to emerging trends—ultimately impacting an insurer’s profitability and competitiveness. In this session, we’ll explore how integrating reserving and pricing can drive better financial outcomes, enhance agility, and create a more resilient insurance operation. We’ll walk through key challenges caused by data silos, examine a case study of a truly connected ecosystem, and discuss future opportunities for innovation. By the end, you’ll see how breaking down barriers between these actuarial domains isn’t just an operational improvement—it’s a strategic advantage.
Learn more about the speakers
Michael Henk
Michael is a seasoned actuary with extensive experience in loss reserving analyses, including reserve variability analyses, across various lines of business. He is currently focused on driving the development, implementation, and support of Akur8’s industry-leading property and casualty loss analysis solutions, including Arius®, Triangles on Demand, and Arius Enterprise. These solutions are trusted by over 400 organizations worldwide, empowering actuarial, risk management, and insurance finance professionals. Michael’s deep technical expertise is instrumental in shaping the future of these solutions. A Fellow of the Casualty Actuarial Society, he is a frequent speaker and active volunteer.