Digitalization plays a tremendous role in industry. In comparison to only a few years ago, a multitude of structured and unstructured data is available. This brings the need for enhancements in infrastructure and computational power to store and handle this amount of data as well as sophisticated and modern algorithms for their analysis.
Proven and established actuarial models need to be combined with modern machine learning models to exploit the power of big data.
We can assist with:
- Risk modelling & technical price
- Demand modelling
- Scenario testing & price optimization