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  1. On Demand Courses
  2. GBMs: The Real Impact of a ...
  3. GBMs: The Real Impact of a ...

    GBMs: The Real Impact of a Rate Change

    • Overview

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    CAS provides closed captioning generated by software applications for the convenience of viewers. CAS does not review for accuracy of the information that appears in a closed caption, and such information (including any foreign language translation and transcription displayed in a closed caption) may not be relied upon as an accurate or complete record of CAS programming. CAS makes no representations or warranties, and expressly disclaim any responsibility or liability with respect to, any errors or omissions in, or the accuracy, reliability, timeliness or completeness of, any information that appears in a closed caption.

    Description

    PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR.
    DUE TO HIGH VOLUME OF DEMAND, WE ARE ONLY ABLE TO GUARANTEE A SEAT TO THOSE WHO REGISTER 48 HOURS AHEAD OF THE WEBINAR TIME.

    Prior to a rate change implementation, it is common for pricing actuaries, product managers and other insurance leaders to compare various rate scenarios and choose the one that best aligns with business objectives and regulatory considerations. However, to fully understand the impact of a rate change on a book of business, customer demand should be considered. This session will demonstrate how GBMs can be used to incorporate customer demand into a rate change decision-making framework.

    This will be a dynamic and interactive session where the audience will be able to provide guidance on model design and rate impact selection to see how all these pieces fit together.

    Learning Objectives:

    1. Understand the basics of GBMs.
    2. Understand the variables one might consider when comparing rate change scenarios.
    3. Understand how demand considerations can be incorporated into the rate change decision-making process through the use of GBMs.
    Registration Information and Fees

    PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR

    Registration Fees (in U.S. Dollars) Received on/by
    Oct 20, 2022
    Received after
    Oct 20, 2022
    Individual $50 $75
    Multiple Connections**
    (Unlimited internet connections for individuals working for the same company. Please note that audio for this presentation will be streamed via the web)
    $600 $650

    *Multiple Connection Registrations should contact Leanne Wieczorek directly at 
    lwieczorek@casact.org. The registering party for the Multiple Connection Registration will be responsible for distributing all event details to attending individuals within their company.

    No Broadcast Policy
    Your registration entitles you to access CAS’ webinar programs for which you have registered. By registering to attend the webinars, you agree not to sell, transfer, or otherwise share your webinar access link and/or code unless such sharing is authorized by CAS. You further agree not to record or broadcast CAS’ webinar programs without advance written authorization by CAS.

    Cancellations/Refunds
    Registrations fees will be refunded for cancellations received in writing at the CAS Office via fax, 703-276-3108, or email, refund@casact.org , by October 27, 2022 less a $25 processing fee.

    CAS Continuing Education Policy
    The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide Actuarial Services. Actuarial Services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings or opinions based upon actuarial considerations.” Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy. For further information regarding the CAS Continuing Education Policy please visit the CAS web site.

    CAS Webinars may qualify for up to 1.8* CE Credits for CAS members.
    Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time, not to include breaks and/or lunch. *The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the Casualty Actuarial Society.

    Contributors

    • Serhat Guven

      Serhat Guven is the global leader of WTW’s Insurance Consulting and Technology’s product, pricing, claims, and underwriting technology suite for personal lines.

      He and his team are responsible for the design and development of the analytical, decisioning and deployment technology platform, Radar. Radar is a technology solution that is uniquely designed to help insurers respond to significant industry trends.

      Prior to his current role, Serhat was WTW’s Regional Line of Business Leader for the Americas and was responsible for a full range of consulting services and software solutions to insurance companies.

    November 3, 2022
    Thu 12:00 PM EDT

    Duration 1H 30M

    This live web event has ended.

    For Content or Purchase Questions
    office@casact.org
    (703) 276-3100
    9am - 5pm ET**
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