Skip to Content

September 23rd, 2024 Newsletter

September 23, 2024 by
GIS UIUC

Gamma Iota Sigma 


Week 5!


Hello, everyone!


We hope you had a great weekend and that your coffee chats went (or are scheduled to go) well! Due to bad weather, we’ve postponed our Curtis trip. If you’re interested in joining, please fill out this form. Also, we’re excited to announce our first movie night of the semester after this Thursday’s chapter meeting. We hope to see you there!


Best,

Gamma

​

 

Article of the Week
Streamlining vs. Automating Your Rate Change Process
 At the recent Ratemaking, Product, and Modeling Seminar, Erik Yost (WTW) and Jamie Mills (Allstate) emphasized the importance of streamlining and automating rate change processes for P&C insurers. They highlighted that traditional methods are often cumbersome and error-prone, requiring swift adaptation to market dynamics. Streamlining involves using a unified data source for consistent rate indications, while automation requires a redesign of systems and collaboration across teams. Both approaches aim to enhance efficiency, reduce errors, and improve decision-making in a rapidly changing environment. Ultimately, embracing these strategies can significantly impact profitability and operational agility.

You can find the full articles here

Learn more



Email us to be added to our newsletter email list!
in News
Read Next
September 16th, 2024 Newsletter