Ansgar Wenzel: Challenges & Opportunities with Data Science in Insurance (Moving Actuaries into the 21st Century)

Summary: Technology is changing and although actuaries used some data science techniques fairly early (GLMs for example), with the increased use and development of Data Science/Machine Learning insurance companies must change, too. We will be talking about some of our current challenges, some future changes and about the necessary shift in mindset that is necessary to use data science in insurance successfully.