General Insurance Spring Conference - Why automated reserving doesn't work - and how to fix it

Wed 26 Apr 2023 -
09:30 - 10:30

General Insurance Spring Conference

With ever-increasing reporting pressure (think IFRS 17), data volume, and HR challenges, the GI insurance market has contemplated the idea of, or even made attempts at, reserving automation. But many have found it challenging to deliver reserving transformation with the expected business value.

In this presentation, we will discuss:

• typical automation approaches and their flaws
• how could you do it differently through alternative modelling approaches and wider considerations
• how might the reserving world of the future look.

This presentation requires a basic understanding of reserving concepts.

Speakers:

Martin Cairns, April Lu and Oliver Helm, FTI Consulting