About This Event
The 2017 CAS Annual Meeting gives property-casualty insurance actuaries and consultants the opportunity to earn continuing education credits in a variety of sessions covering relevant and timely topics necessary for continued professional growth and maintaining actuarial credentials. Network with your peers and colleagues at a spectacular hotel surrounded by the best dining and shopping Anaheim has to offer.
CASUALTY ACTUARIAL SOCIETY’S ENVISIONED FUTURE (FROM THE CAS STRATEGIC PLAN)
The CAS will be recognized globally as the premier organization in advancing the practice and application of casualty actuarial science and educating professionals in general insurance, including property-casualty and similar risk exposure.
SUGGESTED ATTIRE
Casual business attire is suggested for the conference sessions and receptions. It is best to wear layered clothing as meeting rooms tend to fluctuate in temperature.
In Anaheim, the average high temperature during November is 76 degrees F and the average low is 52 degrees F.
CONSENT TO USE OF PHOTOGRAPHIC IMAGES
Registration and attendance at or participation in CAS meetings, seminars and other activities constitutes an agreement by the registrant to the CAS’s use and distribution (both now and in the future) of the registrant or attendee’s image or voice in photographs, videotapes, electronic reproduction and audiotapes of such events and activities.
UNIVERSITY OF THE CAS (UCAS)
Visit the University of the CAS to enhance your experience in professional education. UCAS provides a virtual world of opportunities through the capture of live content from CAS meetings and seminars. UCAS offerings include a variety of session presentations, audio recordings, podcasts and recorded webinars.
Following the meeting, select sessions from the 2017 Annual Meeting will be recorded and available to meeting attendees for a discounted fee.
Please visit the UCAS website on the CAS home page for more information.
CONTINUING EDUCATION CREDITS
The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide actuarial services. Actuarial services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings or opinions based upon actuarial considerations.” Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy.
This activity may qualify for up to 15.2 CE credits for the Annual Meeting for CAS members. Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE credit per 50 minutes of educational session time, not to include breaks or lunch.
Note: The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the American Academy of Actuaries.
Contact Information
- For more information on Annual Meeting content, please contact Dave Core, CAS Director of Professional Education and Research, at dcore@casact.org.
- For more information on attendee registration, please email arc@casact.org.
- For more information on the Annual Meeting other than registration or content issues, please email meetings@casact.org.
The CAS Annual Meeting will be held November 5 - 8, 2017, at the Hilton Anaheim in Anaheim, California. The registration fee includes educational sessions, three continental breakfasts, a luncheon on Monday, refreshment breaks, a welcome reception on Sunday and the Tuesday Buffet Dinner.
Please note the special one-day registration for Active Candidates* on Monday, November 6. The fee is $150 and includes educational sessions, as well as Monday’s breakfast, luncheon and two refreshment breaks.
EARLY REGISTRATION
REGISTRATION FEES
Online Registration is closed.
Please register on site in Anaheim, California starting Sunday, November 5 at 4 p.m.
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REG TYPE |
EARLY REG. FEE |
LATE REG. FEE |
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CAS Member, Affiliate, Subscriber, and Active Candidate*, or Member of a Worldwide Actuarial Association |
$1,150 |
$1,350 |
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CAS Member Speaker/Board/Executive Council |
$950 |
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CAS Member, Government Employee |
$575 |
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CAS Academic Central Member*** |
$0 |
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Non-CAS Member Speaker |
$0 |
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Non-CAS Member |
$1,350 |
$1,550 |
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Non-CAS Member, Government Employee |
$ |
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Retired CAS Member |
$575 |
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Spouse/Guest** (Includes tickets for 3 breakfasts, 1 reception, and 1 dinner) |
$400 |
$500 |
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Monday Only (Active Candidate*) |
$150 |
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Post-Event Session Recordings**** |
$50 |
*An Active Candidate is a non-CAS member who has attempted at least one actuarial exam in the last two years.
**Person accompanying an Academic or CAS Member, Affiliate, Subscriber, Active Candidate* or Member of an Actuarial Association Worldwide to social functions. Attendance at educational sessions is not permitted with this registration fee category.
**** Post-Event Session Recordings are being made available to conference attendees at a discounted rate of $50. Session recordings cover all or most of the sessions presented at the conference.
SPOUSE/GUEST REGISTRATION FEE
The fee for the spouse/guest** is $400, which includes the following:
- Continental breakfasts (Monday, Tuesday, Wednesday)
- Sunday Welcome Reception
- Tuesday Buffet Dinner
Note Regarding Fees: All attendee registration fees will increase by $200 if the registration is received after October 13, 2017. Similarly, spouse/guest registration fees will increase by $100 if the registration is received after October 13, 2017. The CAS will send confirmations to all registrants prior to the meeting. A complete registration form and fee schedule is included.
POST – EVENT SESSION RECORDINGS
As the CAS has done in the past, most of the sessions will be recorded with the audio synchronized to the presentation. This will allow you to earn additional CE units (as “other activity” according to the AAA’s qualification standards) by listening to these recordings after the Annual Meeting. As a registered meeting attendee, you are entitled to all the recordings once made available for only $50 (vs. $199 for non-meeting attendees). With the number of sessions planned, this may equal another 35-40 CE units.
INDIVIDUAL TICKETS
In lieu of the complete spouse/guest registration package, attendees may purchase individual tickets to the social events for their guests. Individual tickets are available for the continental breakfasts, Sunday Welcome Reception and the Tuesday Evening Buffett Dinner. These individual tickets are not necessary for registered attendees to purchase, as each event is already included in the registration fee.
Individual Ticket Prices
Individual tickets are available for purchase in advance of the meeting or onsite, with the exception of Tuesday Buffet Dinner tickets which must be purchased by 4:00 p.m. (Eastern) on Thursday, November 2. All ticketed events below are already included in both the attendee and the spouse/guest registration fee. These tickets are only intended for use by individuals not already registered.
|
REG TYPE |
FEES |
|
Sunday Welcome Reception (age 21+) |
$85 |
|
Sunday Welcome Reception (age 3-20) |
$43 |
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Monday Continental Breakfast |
$50 |
|
Tuesday Continental Breakfast |
$50 |
|
Wednesday Continental Breakfast |
$50 |
|
Tuesday Buffet Dinner (age 21+) Must be purchased by 4:00 p.m. (Eastern) on November 2. |
$180 |
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Tuesday Buffet Dinner (age 3-20) Must be purchased by 4:00 p.m. (Eastern) on November 2. |
$90 |
Beverly Phillips, Chairperson
Linda Brobeck, Vice Chairperson
Kudakwashe Chibanda, Vice Chairperson
Frank Gribbon, Vice Chairperson
Keith Allen
Carl Ashenbrenner
Benoit Carrier
Barry Franklin
Michael Henk
Aaron Hillebrandt
Sarah Hunter
Charles Jin
Martin King
Dustin Loeffler
Michael Mancuso
Keith Palmer
Stephanie Gould Rabin
Sandra Santomenno
David Snow
Katey Walker
Bob Wolf
Richard Yocius
Raisa Zarkhin
The 2017 CAS Annual Meeting will be held at:
Hilton Anaheim
777 W. Convention Way,
Anaheim, California 92802
Phone: 1-714-750-4321
Room Rate: $129 for single/double room, plus taxes. In-room, high-speed internet access is complimentary.
BOOK YOUR ROOM
Group Name: CAS Annual Meeting
Group Code: CAM
Call-in #: 877-776-4932
Web-link: https://aws.passkey.com/go/CASANNUAL
ABOUT THE LOCATION
Located in the heart of Orange County, Hilton Anaheim is close to world-class shopping, dining and entertainment. Visit Garden Walk, for all three under one roof or spend a day basking in the sun at Newport Beach. Hilton Anaheim will dazzle guests with its extensive indoor/outdoor function space and diverse culinary footprint.
Reservations must be made prior to 5:00 p.m. (Pacific) on October 13, 2017. Check in at the Hilton Anaheim is 4:00 p.m. and check out is by 12:00 p.m.
Details on how to make reservations coming soon.
While reservations must be made prior to October 13, 2017, in order to receive the $129 rate, there is no guarantee that rooms will be available should you wait until this date. CAS strongly suggests that you make your room reservations early to secure accommodations before the room block fills.
Additional Accommodation Information
For more information on the hotel or the Anaheim area, please visit either http://bit.ly/1jx1pq7 or http://visitanaheim.org/, respectively.
Important Information Regarding Official Annual Meeting Hotel
The Casualty Actuarial Society is able to conduct high-quality meetings at desirable sites for a reasonable registration fee because a block of hotel rooms is reserved for meeting attendees. In exchange for filling the required number of sleeping rooms, the CAS is permitted to use the hotel’s meeting space at no cost, thus keeping registration fees low. In addition, meeting attendees receive a reduced rate for their sleeping rooms. We kindly request that all meeting attendees take advantage of the group rate and stay at the official Annual Meeting property, Hilton Anaheim.
DAVID HORSAGER
CEO AND BEST-SELLING AUTHOR, “THE TRUST EDGE”
David Horsager, CEO and Best-Selling author, “The Trust Edge,” has been selected as the Featured Speaker of the CAS Annual Meeting, November 5-8, 2017. David will speak on how top leaders and organizations drive business results through trust. Trust is a fundamental, bottom line issue. Without it, leaders lose teams, salespeople lose sales, and organizations lose reputation, retention of good people, relationships and revenue. But with trust, individuals and organizations enjoy greater creativity, productivity, freedom and results. Through David’s industry leading research The Trust Outlook™ and firsthand experience working with the world’s highest performing organizations, David will reveal how top leaders and organizations drive business results to become the most trusted in their industry.
Key Takeaways:
- The actionable framework you can use immediately to build trust and solve your biggest challenges
- The HOW-HOW-HOW process to spark momentum, see immediate results and inspire trust
- The newest research on how to develop trust individually, in your team and in your organization - or go extinct in the new economy
David Horsager, MA, CSP, is the CEO of Trust Edge Leadership Institute, national bestselling author of The Trust Edge, inventor of the Enterprise Trust Index™, and director of one of the nation’s foremost trust studies: The Trust Outlook™. His work has been featured in prominent publications such as Fast Company, Forbes, The Huffington Post and The Wall Street Journal. David has delivered life-changing presentations on six continents, with audiences ranging everywhere from FedEx, Toyota and global governments to the New York Yankees and the Department of Homeland Security. Get free resources and more at www.DavidHorsager.com and www.TrustEdge.com.
Showcase your products and services to nearly 1,000 attendees at the 2017 CAS Annual Meeting! There are many networking and unique events available for sponsorship. Do not delay, as opportunities are limited! Contact Katie Hettler at (703) 562-1722 or khettler@casact.org for more information.
ARE WE READY FOR THE FUTURE OF HAIL?
U.S. insurers paid almost 2.6 million claims for hail losses from 2014 to 2016. Most of those losses — 40 percent — came in 2016 alone. In fact, insurance claims for hail damage jumped 56 percent from 2015 to 2016, with Texas, Colorado and Nebraska ranking highest, respectively, for the number of hail damage claims filed, according to an analysis of data from ISO ClaimSearch. Hail is a highly localized peril, so every insurer will have a different loss experience. The highly localized nature of hailstorms makes them one of the most challenging risks to manage. Even in the “traditional” hail states, losses can fluctuate dramatically from one year to the next. Outlier states are the scenarios that keep underwriting executives up at night. Understanding the effects of hail at the industry level can provide a wealth of insights to enhance future underwriting and rating decisions.
In this session we will discuss the future for hail losses and the impact of climate change, as well as methods to reduce property losses. We will also discuss examples of volatility in both the frequency and severity of hail losses and the changes in hail loss experience.
Moderator:
Linda Brobeck, Director and Consulting Actuary, Pinnacle Actuarial Resources
Panelists:
Dr. Arindam Samanta, Director, Product Management and Innovation, Verisk Insurance Solutions
John Allen, Assistant Professor of Meteorology, Central Michigan University
INNOVATION IN COMMERCIAL LINES: AN OXYMORON?
Commercial insurers have not fully benefited from the advent of data analytics and the connected economy. With loss, expense and combined ratios trending up across many lines such as excess casualty, commercial auto and medical malpractice, the industry needs to innovate. To that end, reassessing the way we conduct business to underwrite with better insight and more precision and in an operationally efficient manner is a must.
Discussion Points:
- Do you differentiate between customer segment (small versus mid-market) when deciding on an automated data and analytics-driven strategy?
- Can you share a success story where the use of digitization and data helped you accelerate profitable growth?
- What will the growing impact of machine learning and automation be on your ability to attract and retain talent and preserve your corporate culture?Â
- What role will actuaries play in the required innovation?
- What is the overall impact these changes will have on the industry and by when?
Moderator:
Maroun Mourad, President ISO Commercial Lines, Verisk Analytics
Panelists:
Elizabeth Casas Leano, Managing Director, Energy & Insurance, Verisk Analytics
Marya Propis, Head of Broker Engagement, AIG
Gregory Massey, Senior Vice President, Property & Casualty Lines of Business Zurich North America
EMERGING CLAIM ISSUES AND HOW TO PRICE & UNDERWRITE THEM
Insurance risks evolve with society and technology. There was no cyber insurance exposure before the internet; no social media exposure before the likes of Facebook, Instagram, YouTube and those 140 characters called Tweets; no marijuana exposure before you could legally smoke it; and no widespread, short-term rental and ridesharing exposure before the rise of the sharing economy.
The first speaker will describe emerging claim issues for cyber, social media, marijuana and the sharing economy. He will also mention how they are evolving from a legal standpoint. The second speaker will discuss how to price these emerging risks and which approaches can be taken when there is not much data to rely on.
Moderator:
Benoit Carrier, Managing Director, Aon Benfield
Panelists:
Eric Voigt, Partner, Mound Cotton Wollan & Greengrass LLP
Karen Landrum, Consulting Actuary, Merlinos & Associates Inc.
DATA SCIENCE AND BEHAVIORAL SCIENCE — A COGNITIVE COLLABORATION
This session will explore the “last-mile problem” of data science where algorithms can, but may not always, point us in the right direction. Data science rarely ever becomes the complete solution. Judgment and decision-making follow. Whether we have the appropriate models and algorithms in the era of “big data” or not, we are all still human beings with our respective psychologies, experiences and human biases. Some have voiced fears that artificial intelligence could replace humans altogether. But is that likely? A more valuable approach may be to view machine and human intelligence as complementary, with each bringing its own strengths to the table.
Join us in an interactive session with the audience in discussing some of these questions and explore how data science and behavioral science can work together in our continued evolution and collaboration of artificial intelligence and human decision-making.
Moderator:
Kuda Chibanda, Manager, PricewaterhouseCoopers
Panelists:
Jim Guszcza, Chief Data Scientist, Deloitte
Dave Ingram, Executive Vice President, Willis RE
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SUNDAY, NOVEMBER 5 |
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4:00 p.m. – 6:30 p.m. |
Registration |
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5:00 p.m. – 6:30 p.m. |
Recognition Reception for New Associates and their Spouses/Guests |
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6:30 p.m. – 7:30 p.m. |
Welcome Reception |
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MONDAY, NOVEMBER 6 |
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7:00 a.m. – 4:30 p.m. |
Registration |
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7:00 a.m. – 9:00 a.m. |
Continental Breakfast |
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8:00 a.m. – 8:45 a.m. |
Celebration of New Members |
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8:45 a.m. – 9:15 a.m. |
New Member Group Photo Session (FCAS, CERA) |
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9:15 a.m. – 10:15 a.m. |
Featured Speaker: David Horsager |
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10:15 a.m. – 11:00 a.m. |
Presidential Address and Business Session |
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11:15 a.m. – 12:30 p.m. |
General Session I |
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12:30 p.m. – 1:45 p.m. |
Luncheon |
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1:45 p.m. – 3:00 p.m. |
Concurrent Sessions 1 |
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3:00 p.m. – 3:30 p.m. |
Refreshment Break & Exhibits |
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3:30 p.m. – 4:45 p.m. |
Concurrent Sessions 2 |
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5:00 p.m. – 6:00 p.m. |
Officers’ Reception for New Fellows and their Spouses/Guests |
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~~~ Remainder of Evening is Free to Enjoy ~~~ |
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TUESDAY, NOVEMBER 7 |
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7:00 a.m. – 2:00 p.m. |
Registration |
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7:00 a.m. – 9:00 a.m. |
Continental Breakfast |
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8:00 a.m. – 9:30 a.m. |
General Session II |
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8:00 a.m. – 9:30 a.m. |
General Session III |
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8:40 a.m. – 4:15 p.m. |
Student Program |
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9:30 a.m. – 10:00 a.m. |
Refreshment Break & Exhibits |
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10:00 a.m. – 11:15 a.m. |
Concurrent Sessions 3 |
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11:15 a.m. – 1:15 p.m. |
Lunch on Your Own |
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1:15 p.m. – 2:30 p.m. |
Concurrent Sessions 4 |
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3:00 p.m. – 4:00 p.m. |
Optional: Roundtable Discussions |
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8:00 p.m. – 11:00 p.m. |
Tuesday Evening Buffet Dinner |
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WEDNESDAY, NOVEMBER 8 |
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7:00 a.m. – 11:45 a.m. |
Registration |
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7:00 a.m. – 9:00 a.m. |
Continental Breakfast |
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8:00 a.m. – 9:15 a.m. |
Concurrent Sessions 5 |
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9:15 a.m. – 9:45 a.m. |
Refreshment Break & Exhibits |
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9:45 a.m. – 11:30 a.m. |
General Session IV & Adjournment |
The CAS will be offering eight roundtables on Tuesday, November 7, from 3:00 - 4:00 p.m. They are limited to 15 participants each, except for Roundtable 3 (25 participants) and Roundtable 5 (36 participants). If you are interested in participating, please review this list of facilitators and topics. You may only pick one roundtable and we will honor the first 15 that register in each one, after which the registration for that roundtable will be closed.
Take advantage of this opportunity to discuss a real-world challenge and earn CE credits. Space is limited. First-come, first-served.
This is only available to Annual Meeting registrants.
RT-1: TECHNOLOGY-BASED EXAMINATION ROUNDTABLE
Facilitators: Michelle Iarkowski; Steven Armstrong
What are your thoughts on Technology-Based Examination (TBE)? Following up on the TBE concurrent session, leaders from the Admissions area of the CAS will facilitate a discussion on TBE. This is your chance to engage in discussions and share your thoughts with Admissions leadership on how the adoption of technology will enhance the CAS Basic Education System and better prepare our members of the future.
RT-2: FLOOD WORKING PARTY
Facilitator: Frank Gribbon
Flood and natural hazard risks in general are a growing problem in the Western world, and three major parties are impacted: property owners, governments and insurers. Global warming and sea level rise are the newest factors to impact some of the risks. In this roundtable, we will discuss the development of a working party by the CAS to investigate this issue.
RT-3: HOW TO PREPARE YOUR FIRST RESEARCH CALL
Facilitators: Lynne Bloom; Brian MacMahon
Are you interested in but have never responded to a call paper program? Would you like to know how to be successful in your submissions? At this roundtable, two successful call paper authors will share their secrets and encourage dialogue.
RT-4: WILL BUILD SHEET DATA ACCELERATE OR CRASH VEHICLE RATING?
Facilitator: Jimmy Engstrom
New vehicle technology could revolutionize the way actuaries price auto insurance, but detailed vehicle data provides challenging new questions. Could expensive new safety and infotainment systems make a person more likely to crash? What if drivers disable safety features? What data challenges are presented when you have data on the individual VIN level? How should vehicles be rated when build sheet data is not available? Join this roundtable to discuss how actuaries can help solve these problems.
RT-5: THE NEW ASSOCIATES PERSPECTIVE: ADVANCING YOUR CAREER THROUGH THE CAS
Facilitators: Daniel Moskala; Wes Griffiths; Kim Guerriero; Rebecca Reich; Helen Simonett
New Associates are invited to participate in this roundtable discussion about the decision to pursue a career as a property casualty actuary. The CAS has implemented an aggressive marketing strategy to attract students and new ACAS input is invaluable. We will discuss how the CAS can position itself as the best career path for aspiring actuaries. In addition, we will discuss how the CAS can improve its connection to candidates sitting for exams and better engage new members in the CAS community. This roundtable is limited to New Associates only.
RT-6: CAPTIVE INSURANCE COMPANY
Facilitator: Rob Walling
This roundtable will address the evolving role of the actuary and best practices in the formation, pricing, and reserving for a captive insurance companies. The discussion will address various funding models, enterprise risk captives, risk distribution and ongoing tax concerns. Participants are invited to share their own experiences and opinions.
RT-7: AVOIDING PITFALLS AND BIASES IN PREDICTIVE ANALYTICS
Registration is full.
Facilitator: Ira Robbin
Though Predictive Models can do wonders, they are not magic and they do not replace every tool in the actuary’s toolbox. Used correctly they provide greater accuracy in pricing particular cells and can lead to insights by identifying risk factors correlated with higher propensity for loss, but they are also prone to misuse. After discussion, defining what is and what is not a Predictive Model, and examining what conditions are needed for a Predictive Model to work well, this roundtable discussion will feature several short hypothetical vignettes to illustrate common pitfalls. Participants are invited to share their own experiences and opinions.
RT-8: ACTUARIES IN NON-TRADITIONAL ROLES
As actuaries, we are all trained and raised in long-standing, time tested methods. This roundtable is intended to discuss and share experiences amongst actuaries serving in non-traditional actuarial roles. Considerations include how to take training and knowledge gained through the CAS exam process, as well as skills learned on the job, and use that to catapult to a role not generally associated as something that a traditional Actuary would do. Participants are invited to share their own experiences and opinions.
