4 Mar 2024
Discrimination-Free Pricing: of Limits & Possibilities
Participants are expected to have knowledge about Actuarial Basics such as pricing models. Basic knowledge about the usage and potential of Machine Learning / Artificial Intelligence in the insurance context might prove helpful.
Technical RequirementsPlease check with your IT department if your firewall and computer settings support web session participation (the programme Zoom is used for this online training). Please also make sure that you are joining the web session with a stable internet connection.
Purpose and Nature
The purpose of this session is to introduce relevant concepts of pricing and discrimination therein as well as an overview of discrimination-reducing concepts from the literature. We will then draft some toy models, including generation of synthetic data with particular properties. Afterward, we will review limits and possibilities toward enabling (some kind of) less-discriminatory pricing.
Kindly take note: This session is intended as information seminar; no legal counselling will take place.