Seminars
Price Elasticity Modelling – Some insights and challenges
Nelson Henwood, the leader of Finity’s pricing practice, presented at the Finity Personal Lines Pricing Seminar 2012. He described the mission of price elasticity modelling as “separating and quantifying the underlying propensity and price effects by segment”. In his presentation, he explored the model inputs, modelling process and use of the outputs to enhance pricing [...]
Posted: May 3rd, 2012, Filed under: Personal Lines Pricing Seminar 2012, Seminars
Pricing for Profitable Growth – A Multi-dimensional Balancing Act
Colin Brigstock, a principal and personal lines pricing expert at Finity, presented at the Finity Personal Lines Pricing Seminar 2012. In this presentation he delved in to the complexities of pricing for profitable growth, and provided insight on a process to align proposed price changes with business objectives in a controlled fashion. This is a [...]
Posted: May 3rd, 2012, Filed under: Personal Lines Pricing Seminar 2012, Seminars
Natural Perils – Weather Cycles and Flood
Tim Andrews and Shona Vij presented at the Finity Personal Lines Pricing Seminar 2012. Looking at historical weather cycles, Tim mused what the weather will be like next year, while Shona discussed elements of building a flood risk model, including how to fill in the ‘gaps’ in the National Flood Information Database. This is a [...]
Posted: May 3rd, 2012, Filed under: Personal Lines Pricing Seminar 2012, Seminars
Hot Topics in the US and Europe
Tim Andrews, Keith Almeida and Jon Tindall presented at the Finity Personal Lines Pricing Seminar 2012. Jointly, they explored hot topics within the US and European markets, focussing on topics which are relevant to Australia. These include the pricing of perils, the use of external data, and portfolio optimisation. This is a copy of the [...]
Posted: May 3rd, 2012, Filed under: Personal Lines Pricing Seminar 2012, Seminars
Effectively Monitoring Competitive Position
Dion Oryzak, an experienced consultant, presented at the Finity Personal Lines Pricing Seminar 2012. He illuminated the elements behind effective competitor price monitoring, highlighting potential pitfalls of looking at average premiums, and discussed how to use machine learning techniques to discover complex interactions quickly and easily. Please contact Dion to learn more about Market Finesse, [...]
Posted: May 3rd, 2012, Filed under: Personal Lines Pricing Seminar 2012, Seminars
Market Overview – Some trends in the personal lines market
Graeme Adams, former General Manager of International Business Development at IAG, presented at the Finity Personal Lines Pricing Seminar 2012. He presented a market overview highlighting some recent trends in personal lines insurance, giving insights into the future of motor, home and CTP insurance. This is a copy of the presentation slides.
Posted: May 3rd, 2012, Filed under: Personal Lines Pricing Seminar 2012 , Seminars
Using Machine Learning Techniques to Enhance Predictive Models
Posted: May 23rd, 2011, Filed under: General Insurance Seminar, Seminars
Risk Equalisation 2020 – Is the current system sustainable?
Since the 1950s, private health insurance (PHI) has needed a form of risk equalisation to support community rating. With the risk equalisation pool continuing to grow faster than total hospital payments, the longevity of the current arrangements is unclear. This article examines the sustainability of the current risk equalisation arrangements.
Posted: May 22nd, 2011, Filed under: Institute of Actuaries of Australia Biennial Convention, Seminars
Commercial Lines Pricing Seminar 2011 – Getting the best out of NCPD
Estelle Pearson and Alice Huang presented to the Finity Commercial Lines seminar on 4 May on the National Claims and Policy Database for liability and professional indemnity insurance business. While identifying some of its limitations and ways in which some of these shortcomings might be addressed, they found a considerable amount of useful analysis that can be undertaken and suggested this is an area that the industry as a whole might wish to address with APRA. This is a copy of the presentation slides.
Posted: May 5th, 2011, Filed under: Commercial Lines Pricing Seminar, Seminars
Commercial Lines Pricing Seminar 2011 – Challenges in pricing for natural perils in commercial property
Tim Andrews, a commercial pricing practitioner with Finity Consulting, presented to the Finity Commercial Lines seminar on 4 May on the recent experience of commercial property insurance arising from natural perils, identification of short and long term cycles and the potential for an industry study for commercial property to follow on from a recent one on the impact of natural perils in home insurance. This is a copy of the presentation slides.
Posted: May 5th, 2011, Filed under: Commercial Lines Pricing Seminar, Seminars
