Welcome to the Praxi Insurance Data Roast with our expert panel of Alasdair Anderson, Edosa Odaro, Andrew Ahn and hosted by Andrew Turner.
The conversation evolves around humorous anecdotes and insights from the insurance industry, focusing on data mishaps, algorithmic failures, and the challenges of legacy systems.
The panelists share their experiences in a light-hearted roast format, discussing topics such as correlation versus causation, bizarre insurance claims, and the ongoing struggle with outdated technology.
The session aims to entertain while shedding light on serious issues within the industry
This conversation delves into the complexities of the insurance industry, focusing on the interplay between traditional actuarial practices and modern data science.
It highlights the challenges of data management, the quirks of data usage in insurance, and the evolving role of technology in shaping the future of the industry.
The discussion also touches on the dynamics between underwriters and data scientists, emphasizing the need for collaboration to enhance outcomes.
Finally, it explores and explains Praxi Curation as a Service, which aims to improve data quality and accessibility for insurance companies.
Chapters
00:00 Introduction to the Insurance Data Roast
04:51 When Algorithms Go Wild
09:57 Correlation vs. Causation
10:27 Claims Hall of Fame
14:05 Digital Dinosaurs
18:01 Data Privacy: The Emperor's New Clothes
22:13 Navigating Insurance and Financial Apps
24:30 The Quirky Side of Data and Death Lists
26:14 Interdepartmental Dynamics: Underwriters vs. Data Scientists
29:26 The Philosophy of Interdepartmental Warfare
32:56 Curation as a Service: Transforming Data Management
44:17 Future Trends in Insurance and AI Adoption
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