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Gambling & Insurance
Multiple July 25, 2019 Posted in: Blog Posts, General
The worlds of gambling and insurance are similar in many ways. Both are built upon elements of probability, modeling and quantification of risk. Both use a variety of means to attract individuals to participate. Professional gamblers are well informed as to the odds of one play versus another; an understanding of modelling can improve those odds to improve the chances of winning. Professional underwriters and actuaries understand premiums must be adequate to pay future claims and expenses; an understanding of modelling helps quantify risk and improve the ratemaking process.
Pinnacle U: An Interactive Business Experience
Multiple May 01, 2019 Posted in: Blog Posts, General, News, Community Involvement
Our annual “Pinnacle U” pairs small groups of college students with one or more of our actuarial analysts in order to research a topic of interest, culminating in a day full of presentations. The format of Pinnacle U hasn’t changed much over the years, but our approach to the event has evolved to foster a real-world business experience for everyone involved.
Reactions to the Actuary’s Evolving Role in Today’s Industry
Michael Chen April 11, 2019 Posted in: Blog Posts, Apex Webinar, General
In the February APEX, “The Actuary’s Evolving Role in Today’s Dynamic Industry Landscape,” we discussed the ever-evolving professional expectations of today’s actuary. We also discussed our outlook on the future of predictive analytics in light of so many technological changes. As a follow-up to the February APEX, we’re sharing the results of the live polling questions.
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The Year in Review and a Look Ahead to 2019
Multiple December 21, 2018 Posted in: Blog Posts, General, News
When we remember 2018, its events and circumstances have been more varied and challenging than one might imagine. Hacks, ransomware and data intrusions were announced weekly. Volcanic eruptions, wildfires and mudslides decimated a record number of homes and forest acreage. The entire island of Puerto Rico continues to suffer Hurricane Maria’s devastating effects. We have also become numb to the numerous senseless shootings in places where we used to feel safe. 
Sharing is Caring... But What About the Risks?
Chris Cortner December 20, 2018 Posted in: Blog Posts, General, Homeowners, Personal Lines, Ridesharing
The ease of entry into the sharing economy has introduced new risks to many who would have otherwise been full- or part-time employees unconcerned by business operational liabilities. These days, just about anyone can be on either side of the equation – as a service provider or purchaser. Among the most popular of these activities are ride sharing, home sharing, car sharing and on-demand labor. Here are some typical risk solutions for them.
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