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EAA Web Session 'Discrimination-Free Pricing: of Limits & Possibilities' on 8 October 2024

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EAA Web Session 

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Discrimination-Free Pricing: of Limits & Possibilities

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8 October 2024 | 14:00-17:15 CEST

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Not only upcoming regulation plays a role - fairness of treatment lies at the core of insurance in the first place. In the age of Machine Learning and Artificial Intelligence, analysis and, potentially, remedy, of direct and indirect discrimination in insurance decision making - most notably pricing - has become a more pronounced problem due to increased public interest. But in stark contrast to, say, chatbots or personal assistance systems, there are structural aspects preventing companies from creating and maintaining products that are comprehensively fair in all the relevant facets.

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.

Your early-bird registration fee is € 180.00 (net) / € 214.20 (incl. VAT, if applicable) for bookings by 27 August 2024. After this date, the fee will be € 250.00 (net) / € 297.50 (incl. VAT, if applicable).

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Details

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   Programme

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     Registration

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Coming soon...

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Non-Life Reserving | 10-12 June 2024

CERA, Module B: Taxonomy, Modelling and Mitigation of Risks | 9-13 September 2024

Assets and Liabilities Management (Part 2: Advanced) | 14-16 October 2024

...and a lot more! Explore our website for more information or download our overview.

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actuarial-academy.com

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