Casualty Actuarial Society - Akur8 Webinar: The Art of Rating Plans: Strategies & Exotic Ideas
Constructing effective rating plans is a nuanced process, encompassing considerations ranging from model integration, regulatory filings, to systems programming. This presentation aims to shed light on these vital aspects, while also venturing into less conventional concepts like overlays and separate rating for new business versus renewal business and other exotic ideas. Our discussion aims to offer comprehensive insights into the creation of successful rating plans, illuminating the intricacies of this critical process in the world of insurance and outlining the most desirable properties of a good rating plan.
Learning Objectives:
- Analyze key considerations like model integration and regulatory filings in rating plan development.
- Evaluate unconventional concepts such as overlays and separate ratings for new versus renewal business.
- Synthesize insights into coherent strategies for developing or enhancing rating plans in insurance domains.
Register
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Casualty Actuarial Society - Akur8 Webinar: The Art of Rating Plans: Strategies & Exotic Ideas
Constructing effective rating plans is a nuanced process, encompassing considerations ranging from model integration, regulatory filings, to systems programming. This presentation aims to shed light on these vital aspects, while also venturing into less conventional concepts like overlays and separate rating for new business versus renewal business and other exotic ideas. Our discussion aims to offer comprehensive insights into the creation of successful rating plans, illuminating the intricacies of this critical process in the world of insurance and outlining the most desirable properties of a good rating plan.
Learning Objectives:
- Analyze key considerations like model integration and regulatory filings in rating plan development.
- Evaluate unconventional concepts such as overlays and separate ratings for new versus renewal business.
- Synthesize insights into coherent strategies for developing or enhancing rating plans in insurance domains.
Learn more about the speakers
Max Martinelli
Max Martinelli is a Lead Actuarial Data Scientist at Akur8, where he spearheads machine learning initiatives for P&C pricing for the North American market. With a background in predictive modeling, actuarial analytics, and computational mathematics, Max brings both technical depth and practical expertise to his clients. A dedicated collaborator with the Casualty Actuarial Society, he has played a key role in advancing AI initiatives—co-authoring and leading the CAS AI Fast Track Bootcamp and co-hosting Almost Nowhere, the CAS Institute’s new podcast exploring AI and Data Science in insurance.
Jan Küthe
Jan Küthe is an Actuary (DAV) from Germany and works at Akur8 as an Actuarial Data Scientist to help insurance companies unlock the potentials of the twenty-first century. Before that he worked as an Actuarial Consultant for three years. He holds a Masters degree in Mathematics from the University of Bonn and is an avid reader of the books of Anna Seghers and Dietmar Dath.
