Francis Analytics
Actuarial Data Mining Services

 

Contact us:
215-923-1567

louise.francis@data-mines.com

 

Speeches, Presentations and Workshops


2015



Casualty Actuarial Society Annual (CAS) Meeting - November 15-18, Philadelphia
  • Panelist in General Session on Actuaries versus Data Scientists in Predictive Modeling in Insurance
  • Moderator and speaker in session on Enterprise Risk Management research sponsored by the Joint Risk Management Section

Actuarial Research Conference
August 5-8, 2015, Toronto, Canada

https://www.soa.org/Professional-Development/Event-Calendar/2015-Actuarial-Research-Conference-%28ARC%29.aspx

PM-PA-6: Predictive Modeling for Actuaries Book Project

Predictive Modeling for Actuaries Book Project
Abstract: The editors embarked on a two-volume book project that incorporates a discussion of techniques in 20 Volume One chapters and case studies with data sets in 10-15 Volume Two chapters. Volume One was released in July 2014, and Volume Two is expected to be published in the fall of 2015.


2014

2014 Casualty Actuarial Society Annual Meeting and Centennial Celebration

Participated in session on Predictive Modeling Applications in Actuarial Science, Volume One,
See 2013 presentations for downloads of material on the book.

2014 Casualty Loss Reserve Seminar, September 2014, San Diego

VR-1: Regression Based Testing of the Assumptions of Underlying Loss Development - See more at: http://www.casact.org/education/clrs/2014/index.cfm?fa=consess&Meeting=clrs14

The Committee on the Theory of Risk (COTOR) developed a syllabus and materials for a class on testing the assumptions underlying the estimates of loss development factors. Louise Francis was on the committee when the project was done. Many of the tests are regression based. This session provides a summary and key elements of the one day class including:

  • The data sets used
  • The Excel regression functions needed
  • The assumptions underlying chain ladder
  • How to test these assumptions
  • How to obtain and use the facilitator's guide to the class
This session had a practical focus and the data sets are available. In addition we recommend reading Venter's "Testing the Assumptions of Age-to-Age Factors" (Proceedings of the CAS, 1998).

http://www.casact.org/education/clrs/2014/index.cfm?fa=consess&Meeting=clrs14#sthash.ruDimoVW.dpuf

To download updated presentations from the site do a search on the page above on the title "Regression Based Testing of the Assumptions of Underlying Loss Development"



September 2014, San Diego
Limited Attendance Seminar on Reserve Variability


http://www.casact.org/calendar/index.cfm?fa=eventView&id=1294

International Congress of Actuaries, April 2014, Washington DC

International Congress of Actuaries March-April 2014, General Information
http://blog.casact.org/2013/07/17/learn-interact-and-grow-at-ica-2014 and http://www.ica2014.org/

Unsupervised Learning Methods Applied to Property Casualty Databases:
https://cas.confex.com/cas/ica14/webprogram/Symposium75.html

A Practical Introduction to Predictive Modeling with Databases (Predictive Modeling Book)
https://cas.confex.com/cas/ica14/webprogram/Symposium74.html

2013



CAS Ratemaking Product Management Seminar
March 2013, Huntington Beach, CA

Predictive Modeling Book - Chapter on Unsupervised Learning

https://www.casact.org/education/rpm/2013/handouts%5CPaper_1653_handout_887_0.pdf

Other (from 2014

The Predictive Modeling Book Project
The Predictive Modeling Book project is a collaborative effort to produce a practical educational resource on predictive modeling for actuaries and others insurance analysts. Many actuaries felt the actuarial exam syllabus and actuarial continuing education were not covering all the essential topics that actuaries involved in advanced analytics and predictive modeling need to be exposed to. In 2011, Ed Frees, Glen Meyers and Richard Derrig, the book's editors, approached the Casualty Actuarial Society and Canadian Institute of Actuaries for funding and support of a book on predictive modeling for actuaries. Both organizations agreed to support the project.

in addition to the tremendous effort of the editors, graduate students from the University of Wisconsin, where Ed Frees is a professor, made a significant contribution to editing the book. The first volume of Predictive Modeling Applications in Actuarial Science, Volume 1 was published in the fall of 2014. Louise Francis is author of Chapter 12, "Unsupervised Learning." Volume 2 is in progress. Ms. Francis is authoring a chapter on advanced unsupervised learning for Volume 2.

Casualty Actuarial Society Sponsors Predictive Modeling Book
http://www.casact.org/press/index.cfm?fa=viewArticle&articleID=2640

Amazon Link:Predictive Modeling Applications in Actuarial Science: Vol 1


2008

"Introduction to GLM's". Predictive Modeling Seminar. Casualty Actuary Society.
San Diego, November 2008.

"Software and Utilities: Free or Inexpensive". Predictive Modeling Seminar. Casualty Actuary Society.
San Diego, November 2008.

"Text Mining on Unstructured Data". Casualty Actuary Society. Predictive Modeling Seminar.
San Diego, November 2008.

"Instructional Approach to Mack and Bootstrap Models." Loss Reserve Seminar.Casualty Actuary Society.
Washington, DC. July 2008.

"Introduction to Decision Trees", World Research Group. Predictive Modeling for Workers Compensation. Chicago, November 2008

"Predictive Modeling and Insurance Operations", CAS Spring Meeting.
Quebec City, November 2008



2007

"Cheap Sources of External Data." Special Interest Seminar on Predictive Modeling. Casualty Actuary Society. Las Vegas, October 2007.

"Introduction to Generalized Linear Models." Special Interest Seminar on Predictive Modeling. Casualty Actuary Society. Las Vegas, October 2007.

"Text Mining", CAS Annual Meeting, Chicago, November 2007

"Actuarial IQ", CAS Annual Meeting, Chicago, November 2007

American Risk and Insurance Association Annual Meeting, Discussant of two papers on Catastrophe modeling, August 6, 2007, Quebec City, QC

"Data Mining in Insurance, Past and Future." Insurance Services Office Seminar, Jersey City, NJ. June 2007

"Predictive Modeling." CAS Reinsurance Seminar, Atlanta, Ga. March 2007

"Regional Affiliates Class: Testing the Assumptions Underlying Estimates of Reserves." CAS Reinsurance Seminar, Atlanta, Ga. March 2007

"Dirty Data on Both Sides of the Pond." CAS Ratemaking Seminar, Atlanta, Ga. March 2007

"Data Preparation" CAS Ratemaking Seminar, Atlanta, Ga. March 2007

"Data: The Undiscovered Country" half day workshop, World Research Group, Predictive Modeling in Workers Compensation, Las Vegas, Nv. March 2007


2006

"Data Quality." Casualty Actuarial Society Annual Meeting, November 12, 2006

"COTOR Challenge Round 4." Casualty Actuarial Society Annual Meeting, November 12, 2006

"Introduction to Generalized Linear Models." Special Interest Seminar on Predictive Modeling. Casualty Actuary Society. Boston, MA. 4 October 2006.

"Data Preparation." Special Interest Seminar on Predictive Modeling. Casualty Actuary Society. Boston, MA. 4 October 2006.

Limited Attendance Seminar on Reserve Variability, Instructor with Mark Shapland, 24 - 25 October, 2006, Casualty Actuarial Society

"Data Mining", Central Pennsylvania Actuaries Club, June, 2006

"Comparison of Methods and Software for Modeling Nonlinear Dependencies: A Fraud Application" International Actuarial Conference, Paris, France, 1 June 2006.

"A Comparison of Methods and Software for Modeling Fraud" Salford Systems. San Diego, CA29 March, 2006

"Understanding the Essential Tools and Techniques of Data Mining." World Research Group Predictive Modeling in Work Comp. Chicago, IL, 27 March 2006. <presentation><datasheet1><datasheet2>

 

2005

"An Introduction to Text Mining with an Application to General Liability Claims Data." Insightful User Conference 2005. Princeton, NJ. 26-27 October 2005. <presentation>

"Introduction to Predictive Modeling." June 2005 <presentation><datasheet1><datasheet2>

"Trees, Neural Networks and Clustering used for Predictive Modeling." Spring Meeting. Casualty Actuaries of the Mid-Atlantic. Princeton, NJ. 2 June 2005

"COTOR's Loss Reserving from the Viewpoint of Modeling." The Committee on Theory of Risk: Training Project. Casualty Actuary Society Annual Meeting. Phoenix, AZ. 15-18 May 2005.

"Insurance Fraud Detection: MARS vs. Neural Networks" Second Annual CART Conference. Salford Systems. San Francisco, CA. 24 March 2005


2004

"Introduction to Predictive Modeling." Predictive Modeling Implementation in Workers Compensation. World Research Group. Orlando, FL. 18 December 2004.

"Generalized Linear Models: Introduction." Panel Presentation. Special Interest Seminar on Predictive Modeling. Casualty Actuarial Society. Chicago, IL. 4-5 October 2004. <download handout>

"The Insolvency Put: An Asset of the Corporation?" Annual Conference. American Risk and Insurance Association. Chicago, IL. 10 August 2004.

"Fraud Classification Using Principal Components Analysis of RIDITS." Moderator: Panel Discussion. Spring Meeting. Casualty Actuarial Society. Colorado Springs, CO, 16-19 May 2004.

"Data Mining in the Property/Casualty Insurance Industry." Panel. Ratemaking Seminar. Casualty Actuary Society. Philadelphia, PA. 11-12 March 2004. <Download presentation>

"Insurance Fraud Detection: MARS vs. Neural Networks" International CART Data Mining Conference. Salford Systems. San Francisco, CA. March 2004.



2003

"Models- Do You Trust Them? Computer models within the insurance industry." Panel. Annual Meeting. Casualty Actuarial Society. New Orleans, LA. 9-12 Nov 2003,

"Martian Chronicles: Is MARS Better than Neural Networks?" Paper Presentation. Ratemaking Seminar. Casualty Actuary Society. San Antonio, TX 27-28 March 2003 <download paper>


2002

"Modeling for Fraud: Neural Networks Demystified." Insurance Fraud Bureau of Massachusetts. November. 2002

"Data Mining Neural Network Applications in Insurance." Annual Meeting. Casualty Actuary Society. Boston, MA 10-13 November 2002. <Download presentation>

"Fair Value Accounting for Actuaries in the Post Enron World." Loss Reserve Seminar. Casualty Actuary Society. Arlington, VA . 23-24 Sept. 2002.


1998-2001

"Neural Networks Demystified". Ratemaking Seminar. Casualty Actuarial Society. Las Vegas NV. 11-13 March. 2001 {found the meeting but you were not on the agenda}

"Fair Valuations Task Force: Methods of determining risk adjusted discounted losses." Casualty Actuaries of Greater New York. December 2000.

"Fair Value of Insurance Liabilities - CAS White Paper " Panelist. Casualty Loss Reserve Seminar. Casualty Actuary Society. Minneapolis, MN. 18-19 September 2000.

Presented theory and methods of using regression for estimating loss development factors. ·. Regression Models of Loss Reserving. September 1998