The seminar will alternate between methodological concepts, practical examples and case studies in order to ensure a comprehensive understanding of the techniques.
Participants will have the opportunity to apply in the R software concepts they will have learned in the theoretical sessions, using fictitious data. They will adjust GLM models, understand how results should be interpreted, perform statistical (significance) tests, etc.
A business game will be organised as follows: the participants will be separated in several fictitious insurance companies operating in the same market. Starting with their current tariff and positioning, each fictitious company will have to review its tariff taking into account its expected profitability (technical tariff), the objectives of the management (positioning), the tariff of the competitors (via a dispersion analysis) and the behaviour of its customers (elasticity to price changes).
A basic knowledge of the R software is useful. Some training material will be provided before the seminar to the participants needing an introduction to R so that they can go through it by themselves.