בתאריך 12/08/2025 יום שלישי בשעה 18:00 בו נקיים הרצאה מקצועית בנושא:
PRICE ELASTICITY MODELING – CONSIDERATIONS ON THEORETICAL ASPECTS
תקציר ההרצאה:
In recent years, predictive modeling has made significant strides, enhancing risk models in pricing and drawing increased attention to areas like demand modeling.
This webinar will explore demand and price elasticity from an actuarial perspective, examining different modeling approaches and addressing challenges like extrapolation. We will discuss how to interpret observed data to derive accurate price elasticity, and we will highlight how second- order effects linked to premium offerings and demand at flat renewal rates necessitate adjustments to traditional risk models.
Additionally, we will delve into the regulatory implications of price modeling and demonstrate practical applications for actuarial work.
אודות המרצה:
Edwin Graham is Principal Actuarial Data Scientist based in the UK. He joined Akur8 in 2021 with a decade of experience in insurance pricing. He holds a Masters degree in Mathematics from Lancaster University and is a keen cyclist and field hockey player in his spare time.
