White Paper

The Captive Actuary’s Expanding Role in the Era of Big Data

Some captives only use their actuary to fulfill regulatory requirements. These can be real missed opportunities to leverage captives’ data through predictive analytics.

White Paper Summary

Today Big Data influences the behaviors of individuals, groups of consumers and businesses alike. Telematics devices track both trucks and their cargos. Mobile computer terminals and hospital patient monitors track every action by providers and continuously update patient progress. Building systems measure everything from temperature and humidity to occupancy and people’s movements. Some sports complexes and amusement parks even have real-time evacuation plans that update based on current wind, weather and crowd conditions in the event of chemical or biological attacks. There’s simply no escaping the fact that data analytics are a rapidly-growing facet of nearly everyone’s lives. The question is: Will captives capitalize on all this data?

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A full-service actuarial firm, Pinnacle provides your business with data-driven research backed by clear communication. Our expert Consultants work with you to look beyond today’s numbers in planning for tomorrow.

The Risk List: Presented by Travelers

6 Emerging Risks for Manufacturers

Drag and drop the tiles below to arrange them in your prefered order of most concerning risk (#1) to least concerning risk (#6). Then press "Submit Rankings" to see the summary results.

1
Drones
2
Driverless Cars
3
Internet of Things
4
3D Printing
5
Design Flaws
6
High Tech Equipment