2016 is proving to be the year London Market Insurers concentrate on improving their technical pricing frameworks. Currently most models are run in Microsoft Excel with data being sent back to a relational database such as a SQL server.
During this webinar we will discuss the latest thinking around the underlying data model, with a particular focus on adopting noSQL databases. We outline a typical pricing framework and the limitations of the most popular type of data model as well as providing an overview of noSQL databases, their individual merits and how best to apply them to solving the data model problem.
This webinar will be of interest to pricing actuaries, technology officers of insurers and underwriters involved in developing technical pricing frameworks.