Features
16
Knowing Me, Knowing You
Why Cognitive Science Matters to Actuarial Science
Discoveries in the past 30 years have profoundly
altered our understanding of human cognition.
The implications for actuarial science and risk
management are only beginning to be understood.
James Guszcza Cover IlluStrAtIon by brAd HollAnd
26
Market
Timing
In Search of the
Going Rate
Property/casualty insurers
interested in nailing down
market rates often rely
on a fragmented system
of surveys in which the
answers differ dramatically
depending on whom you ask
and when you ask.
30
Micro Risk
Management
Identifying Small-Business Risk
While enterprise risk
management has gained
a strong following in
corporate America, those
enterprises most in need
of risk management
remain the ones least
likely to use it.
Jay Vadiveloo
34;Workers’ Comp Predictive Modeling Comes of Age (And Not a Minute Too Soon)
Where there are reliable data,
there’s an opportunity to apply
predictive modeling. In workers’
compensation, early adopters
are enjoying better and more
accurate pricing and improved
claims processes.
Annmarie Geddes Lipold
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