Discrimination-Free Insurance Pricing

We are excited to share a new paper on “Discrimination-Free Insurance Pricing” written by Mathias Lindholm, Andreas Tsanakas, Mario Wüthrich and a small contribution from myself. In this paper, we present a general method for removing direct and indirect discrimination from the types of models in common use in the insurance sector (GLMs) as well as more advanced machine learning methods.

One of my favorite plots from the paper shows a comparison of prices produced using a neural net with our method applied to the results.

We would like to hear your feedback and the paper can be downloaded here:

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3520676

IDSC Africa – Call for Abstracts

The call for abstracts is open for the first Insurance Data Science Conference – Africa at the Sandton Convention Centre, 20 April 2020, which is jointly organized by the Actuarial Society of South Africa, QED Actuaries and Consultants and the University of the Witwatersrand. The invited keynote speakers are Mario Wüthrich (RiskLab, ETH Zürich) and Marjorie Ngwenya (ALU School of Insurance, past President of the Institute and Faculty of Actuaries).

We are inviting abstracts in the areas of insurance analytics, machine learning, artificial intelligence, and actuarial science. Please send your abstract by 29 February 2020 to: submissions@insurancedatascience.org.za

Your submission should include:

  • Name and affiliation of the speaker
  • Email address of the speaker
  • Title of the presentation
  • Abstract of 10 to 20 lines and not more than 5 references
  • Format: pdf file and either a Word file or LaTeX file
  • If submitting LaTex, please test your submission file, e.g. via https://latexbase.com/

The submitted abstracts will be evaluated and speakers will be selected by the scientific committee. Conference fees will be waived for selected speakers.

For more information visit the conference web site: https://insurancedatascience.org.za. Registration for the conference will open in mid-February 2020.

Note: The international version of this conference has been held in European cities for the past 7 years and returns to London in 2020. For more information, please visit: https://www.insurancedatascience.org/