Tue 19 Jul 2022 - Artificial Intelligence is heralded as a game-changer to the ways industries use data, with the insurance industry especially looking to embrace these new technologies. This brings many questions – not least around data privacy, ethics, potential biases and so on – with regulators increasingly interested in developments.
Moreover, whilst the stunning progress of specific technologies such as Watson and Alphazero made headlines some years ago, current commercial applications of AI remain far from mature.
Our two speakers from leading reinsurer Munich Re will share their experiences on both these areas. Frank Schiller will cover the conceptual framework needed for good governance, and Abhijit Pal will talk through some of the practical challenges of implementing AI to solve business problems.
For actuaries and data scientists this webinar will cover key current considerations in this important and exciting field.
Steve has over 30 years’ experience in the insurance industry and has held senior positions in actuarial, risk and general management. Steve spent the first half of his career in the UK before moving to Switzerland where he held a number of global roles for the Zurich Group including Group Chief Actuary, Global Chief Risk Officer for General Insurance and Global Practice Leader for Specialty Products.
Having worked internationally for 16 years, Steve is now re-based in the UK and serves as a non-executive director on the A.M. Best UK and EU Boards.
Steve is a Fellow of the Institute and Faculty of Actuaries in the UK, has completed the Advanced Management Program at Wharton Business School, USA, and holds a degree in mathematics from the University of Cambridge, UK
Dr. Frank Schiller has been working at Munich Re as Chief Actuary in life and health reinsurance since 2015 and is responsible for the markets in Europe and Middle East. In this position he is in charge of data management and analytics, experience studies, and pricing. Before that he was Chief Risk Officer at Swiss Life from 2011 to 2015, first for the Swiss and later for the German market. From 2001 to 2011 he worked in various actuarial, risk management and product development positions at ERGO and Munich Re.
As an active member in the German Actuarial Association (DAV) Dr. Frank Schiller is member of the executive board and Chair of the Enterprise Risk Management Committee. In the Actuarial Association of Europa (AAE) he is Vice Chair of the Risk Management Committee and Chair of the Sustainability and Climate related Risks Working Group. From 2010 to 2022 he was tutor of the CERA program for the DAV and AAE for module B “Classification and Modeling Risks”. He is also co-founder of the qx-club in Zurich and is organizing the regular meetings.
He was born 21 November 1972, studied Mathematics and finished his Ph.D. in 2002. Since 2004 Frank is a certified Actuary (DAV) and since 2013 Certified Enterprise Risk Actuary (CERA).
Abhijit is a qualified actuary with over 16 years of experience in the areas of Actuarial Pricing & Research, Predictive Analytics, Client management, Product development, Investment Management, Actuarial Valuation, and Experience Analysis in the Insurance/Reinsurance industry primarily in India and the UK.
He is currently the Chief Analytics Officer for Munich Re India and is focussing on solving business problems using data and analytics.
Abhijit holds a Post Graduate Diploma in Actuarial Science from Narsee Monjee Institute of Management Studies, Mumbai, and a fellowship from the Institute of Actuaries of India and the Institute and Faculty of Actuaries, UK.
Abhijit is a member of;