Insurtech in Chronic Disease Management Working Party – Chair, Deputy Chair and members

Application closing date: 26 May

The IFoA is seeking to appoint both members and suitably experienced non-members to join the newly formed Insurtech in Chronic Disease Management Working Party.

Background

Chronic diseases drive most healthcare costs worldwide, with costs projected to rise significantly as populations age. Yet today’s health and life insurance models remain largely reactive. They typically respond only after complications arise, often through disconnected care approaches.

This gap presents a critical inefficiency, and a chance to redefine care. Emerging insurtech solutions show how proactive, connected care could transform outcomes, including:

• AI and machine learning that predict health risks before crises occur
• wearable devices enabling real-time monitoring and early interventions
• integrated data platforms connecting insurers, clinicians and patients
• personalised products that reward healthy behaviours
• accessibility of health insurance for people with chronic conditions

While these technologies show promise, their broader implementation faces challenges in actuarial modelling, equitable access, and system-wide adoption.

To explore these questions in depth, the IFoA is establishing a working party that will investigate the transformative impact of insurtech on actuarial modelling and the design of insurance products in the context of chronic disease management.

The working party will:

• examine real-world applications: how insurers and healthcare providers are successfully deploying these tools today to support people with chronic diseases
• explore integrated solutions: approaches that improve both patient outcomes and financial sustainability
• guide actuarial innovation: how emerging technologies will transform risk assessment and product design

Learn more in its terms of reference (PDF, 200 KB)

Skills/experience

IFoA members and professionals from related fields with experience in:

• insurance: health, life or risk actuaries
• technology and Data: AI specialists, data scientists, insurtech developers
• healthcare innovation: digital health technologists, telehealth experts
• public health: researchers, policy specialists, clinical professionals

Time commitment

The time commitment varies but will not be more than a maximum of 2 hours per month. The working group will consist of monthly meetings with more regular meetings as required.

Next steps

If you are interested in this role and would like an informal conversation before applying, please email us at engagement.team@actuaries.org.uk.

If you have read all the above and would like to apply, please send us:

• brief details of your relevant experience
• your reasons for wishing to get involved
• your ARN (if you are a member)
• a brief copy of your CV and full contact details (if you are a non-member)
• a note of which role you applying for: Chair, Deputy Chair or member
• confirmation that you have read, understood, and agree to the information and requirements laid out in our volunteer information pack (please be aware that until we have received this confirmation, we will not be able to appoint you as a volunteer)

Please email all the above to engagement.team@actuaries.org.uk. Please note, we are unable to accept late applications.

We are committed to promoting diversity, equality of opportunity, and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

What you need to know

Volunteering provides you with a wide range of opportunities. With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s governance manual and volunteer information pack. Before offering to provide support, please read through: what you need to know.