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Erool Palipane

How to Communicate the Benefits of Non-Traditional Modeling Techniques for Insurance Pricing

A look at new explanatory tools that better communicate the predictive and interpretative power of new analytics models.

How to Communicate the Benefits of Non-Traditional Modeling Techniques for Insurance Pricing
Actuaries build models to analyze historical loss frequency and severity data to properly determine the price of a risk.  Understanding how those models function helps an actuary understand when the model works as it should, and those occasions when it does not. 
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September 29 APEX Webinar

Unpacking Title Insurance - Past, Present.... and What's Next

Laura Fromme September 29, 2022 Posted in: Presentations, Homeowners, Insurance / Insurers
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Historic Days for Title Insurance: The State of the Title Insurance Market in 2022

A Short Primer on Title Insurance (and its historic years of 2020-2021)

Historic Days for Title Insurance: The State of the Title Insurance Market in 2022
Multiple September 22, 2022 Posted in: Blog Posts, Homeowners, Insurance / Insurers, News
Pinnacle is proud to serve a number of title insurance providers with actuarial consulting services. Title insurance can sometimes be an underrecognized and occasionally unappreciated market, so Pinnacle keeps a close eye on emerging trends and patterns for our clients.
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Danny Linton

The Power and Potential of Pools

Economic, industry and other social conditions have made it the perfect time for risk pools.

The Power and Potential of Pools
Danny Linton September 12, 2022 Posted in: Blog Posts, Insurance / Insurers
Pools have had spectacular historical success — for government entities and their constituents. Consultants need to understand that past as they help pools look to the future. As history repeats (and rhymes), and old crises become new again, pools and their history of innovation will continue to be the answer.
Predicting Insurance Demand with Cultural Variables
Multiple August 10, 2022 Posted in: Blog, General, Pricing & Product Management

For insurance companies who wish to understand existing markets and enter new and emerging markets, being able to accurately predict insurance demand is critical. Currently, demand for insurance is predicted predominately by analyzing economic factors (e.g., gross domestic product [GDP], inflation rate). However, we often see gaps in insurance demand between two different countries, despite the similarity of those countries’ economic conditions. This difference indicates that insurance market dynamics cannot always be captured through economic conditions, or through an economic analysis. Clearly, some additional new and improved rating variables would be useful to more effectively predict insurance demand in different markets.

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