With decreasing loss frequencies in motor insurance less data becomes available for pricing actuaries. At the same time pricing should become more dynamic and better individualised. Telematics is a source of data, in the meantime widely used by insurance companies in and outside of Europe. With this data more interconnection with clients is possible and new product ideas arise. But for actuaries these rich data mostly is condensed into a score which is not necessarily intended for actuarial purposes.

Organised by the EAA – European Actuarial Academy GmbH.

This web session is mainly intended for pricing actuaries and product managers in non-life insurance. Nevertheless, telematics also becomes more and more relevant in the personal insurance lines, so the web session is also recommended for interested actuaries and product managers from life and health insurance.

Technical Requirements
Please check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure that you are joining the web session with a stable internet connection.

The web session first gives an overview of current practices of applications of telematics in Europe and outside of Europe. Then best practices in pricing with telematics will be discussed and that leads to an actuarial discussion about the inclusion of big telematics data into the actuarial data-pool. The web session will close with some innovative actuarial approaches and solutions.

The language of the web session will be English.

Christoph Krischanitz
Christoph is a Senior Manager with Milliman and is leading the Milliman P&C consulting in Austria and Germany. He has more than twenty years of experience in actuarial consulting in all relevant fields of businesses. Beside his professional career he served six years as President of the Actuarial Association of Austria and also six years in the Board of the AAE as Chairman of the Investment and Financial Risk Committee (nowadays Risk Management Committee).