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Maximizing Communication in Excel 365 with Dynamic Arrays, Lambda Functions, and ChatGPT
This article explains the benefits of using Let, Lambda, and Lambda Helper Functions in your Excel workbooks. The benefits discussed are extracting logic from cell references, version-controlling business logic, and using AI to convert logic to other languages for faster development of products. -
Model Validation 101: Bring Your Calculus Mindset!
Ideas for using calculus concepts to validate actuarial models. Focus is on reserve valuation models under PBR. Includes examples based on a simple Excel model. -
Illusion of Rationality
This article explores the fundamental differences between human thinking and the way Large Language Models (LLMs) generate responses. It illustrates how human decision-making involves multiple, often evolving, acceptance criteria, whereas LLMs rely on statistical probabilities to determine the most likely next word. -
Emerging Topics Community: LLMs – Separating the Models From the Applications
Anders Larsen and Shea Parkes are back to explore more about LLMs. -
Emerging Topics Community: Understanding LLMs - Tokenization
Anders Larsen and Shea Parkes are back to explore the technical aspects of LLMs. -
Actionable ALM: The Benefits of Integrated Asset and Liability Management and Decision-making by Leveraging Enhanced Business Intelligence Tools
In this article, readers are introduced to a forward-looking, action-driven asset liability management (ALM) reporting framework that empowers insurers to stay competitive in a rapidly changing economic environment. The article goes on to explore the benefits of leveraging business intelligence (BI) tools to enhance ALM reporting and presents a case study to demonstrate the practical applications of BI tools. Readers will gain a deeper understanding of the tangible benefits and transformative potential of BI in real-world scenarios. -
Emerging Topics Community: Cyber Insurance: Evolution, Trends, and Risk Mitigation Strategies
In this podcast Joe Alaimo interviews Rahul Nawab, SVP, Analytics at EXL to discuss cyber insurance evolution, risk mitigation, and emerging trends. They explore emerging trends, adaptive strategies, data analytics, and insurer innovations in cyber insurance and risk mitigation. -
Emerging Topics Community: What Are the Chances We Will Lose More Than $1 Million?
In this episode Joe Alaimo interviews Joan Barret, Achilles Natsis and Tony Pistilli to discuss total risk analysis, a technique that provides a consistent methodology for answering questions like “what are the chances we will lose more than $1 million?” -
Emerging Topics Community: Return to Trees, Part 4: Gradient Boosting Machines
Join Anders Larsen and Shea Parkes for Part 4 of their new series “Return to Trees.” -
Emerging Topics Community: Return to Trees, Part 3: Random Forest
Join Anders Larsen and Shea Parkes for Part 3 of their new series “Return to Trees.”
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Dive into insightful content. Gain practical knowledge. Explore the latest research and key information for future use. Discover the Emerging Topics Community, an online forum that focuses on three main topic areas–Modeling, Predictive Analytics and Futurism, and Technology.