
The education of actuarial candidates at the university level has undergone several changes over time, as instructors respond to developments in actuarial knowledge, required skill sets, and expectations of both students and future employers.
The latest buzz phrase in the insurance industry is “embedded insurance,” which presents an opportunity to seamlessly offer protection in real time given a proactive approach to risk management. Underpinning embedded insurance is the ability to personalize insurance. This requires that customers understand the necessity of sharing more data with their insurance providers.