About 35% of current jobs in the UK are at high risk of computerisation over the following 20 years, according to a study by researchers at Oxford University and Deloitte. Actuaries and Statisticians are not completely safe, but the likelihood of automation is quite unlikely at 15%.That makes sense. The role of an actuary requires…
Machine Learning in Insurance Pricing
Have you ever wondered whether you should be applying Machine Learning in Insurance Pricing? According to Gartner, Machine Learning is one of the hottest technology trends of 2016 and is revolutionising the way many companies do business. In this blog post I take a look at machine learning from an insurance pricing stand point, highlighting the…