Talk abstract: How Flock is using advanced simulation and open datasets to power a motor risk model that adapts to changes in the environment as they happen. The session will cover exciting applications of simulations to model risk in motor insurance. We’ll look into the main causes of road accidents, and show how connectivity is allowing us to better understand why they happen. The session will provide a high-level overview, and no prerequisite knowledge is required.
Bio: Rayno is a South African actuary working on data science applications in insurance product pricing and development. His background is a mixture of actuarial science and computer science, and he completed his fellowship exams in general insurance with the Actuarial Society of South Africa. Currently he’s based in London, and responsible for the development of pricing models at Flock, a usage-based commercial fleet insurer.