Presentation

Modern Credibility for Classification

Ratemaking  

How to simplify and improve the ratemaking process

This presentation dives into modern credibility approaches for classification ratemaking, focusing on how to implement Buhlmann, Bailey, and Bayesian methods for greater accuracy.

You will also gain access to practical tools and frameworks to help simplify and improve the ratemaking process.

Learning Objectives:

  • Understand alternative approaches to credibility frameworks for ratemaking.
  • Learn how to implement Buhlmann, Bailey, and Bayesian credibility methods.
  • Gain practical tools and novel modeling frameworks to enhance ratemaking accuracy.

To access our presentation, please complete the below form

How to implement greatest accuracy credibility

In our presentation, you will find:

  • Alternative approaches to the current best estimate credibility framework
  • How to implement maximum accuracy while adopting Buhlmann, Bailey and Bayesian credibility in ratemaking.
  • Practical tools and novel modeling frameworks that assist in using best estimate credibility.

Get our presentation to unlock the modern credibility approaches for classification ratemaking and learn how to implement greatest accuracy credibility with Buhlmann and a full Bayesian approach. We will provide also some computational tools that are useful for the practitioner.

Our expert:

Juan Ignacio de OYARBIDE

Actuary, Business Development Representative at Addactis

Juan Ignacio de Oyarbide is a certified actuary affiliated with the Portuguese Institute of Actuaries (IAP), holding an Actuarial Science MSc with specialization in Bayesian modeling. Currently, he leads the ratemaking software practice at Addactis Worldwide. Over the past 5 years, he has played a pivotal role in various software implementations, addressing diverse aspects such as data transformation, risk and behavioral modeling, profit optimization, and rating strategy deployment. Presently, he is actively promoting a comprehensive profitability management mindset within insurance companies. He has recently participated in global conferences and contributed to recognized actuarial magazines.

Addactis at CAS RPM 2025

Our expert, Juan de Oyarbide, delivered this exclusive presentation on "Modern Credibility for Classification Ratemaking" during the Casualty Actuarial Society (CAS) RPM Seminar on Tuesday, March 11, 2025 in Orlando.

About Addactis 

addactis®, the Risktech for Insurance, is a leading B2B SaaS provider that offers compliance and risk management solutions for insurers. Founded in 1993, we deliver cutting-edge software and consulting services to over 250 customers in more than 45 countries. 
Our technological innovations are designed to align with regulatory requirements and enhance profitability and underwriting proficiency for insurers on a global scale. Our solutions streamline and fluidify processes to facilitate actuarial dialogue between technical and marketing, sales, finance and IT departments.

From Regulatory to Profitability, our range of solutions covers Risk & Solvency assessment, Data Analytics, Reserving, Data Management, Tasks Automation, Business Intelligence, Reporting, etc.

addactis® Pricing live helps you empower your Pricing Strategy, streamline your Pricing Workflow and achieve optimal strategies with data-driven precision and agility.