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Crossing Thin Ice

Dave Ingram and Max Rudolph

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A discussion of Risk and Risk Management from the perspective of an Insurance company risk manager. Insurers provide products that help everyone to manage their risks. Here you will hear Dave Ingram and Max Rudolph, actuaries from the global consultancy Actuarial Risk Management talk about the sorts of things that keep those insurance company risk managers up at night. Or at least they should.
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The Transaction ReportBreaking Down the Business of Sport.With decades of US and International media experience and a talent for spurring real and honest conversation, show host Steve Feuerstein takes us on a unique dive into the business of sport and the mind of the consumer. The Transaction Report explores extraordinary thinkers from Nobel laureates to CEOs, investment bankers to stadium owners, corporate sponsors to sports agents, back of the house number crunchers to elite data analysts, ...
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In Part 2 of this engaging episode, Kyle dives even deeper into the art of brand partnerships and the strategies that have shaped his career both on and off the field. We explore more about building win-win relationships, navigating complex negotiations, and creating a legacy beyond the game.By Steve Feuerstein, Host
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In this episode, we explore the rapidly evolving landscape of emerging risks and how they are impacting the world of marketing and distribution. From climate change and artificial intelligence to financial volatility and geopolitical landscapes, we'll dive deep into the key challenges and opportunities facing businesses today.…
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Join us for another exciting episode of YPAC podcast as host Yisi Wang, FSA, CFA sits down with Blake Hill, FSA, FCIA, a distinguished leader in the insurtech industry. Discover the transformative power of technology in insurance, and the unique challenges and opportunities within the insurtech sector. Blake also shares invaluable career advice for…
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This week on The Transaction Report sports marketing and media veteran Steve Feuerstein, CEO of SportsBiz , hosts Nicole Metzger, the dynamic Chief Sales and Partnerships Officer at the LPGA. In this engaging episode, Nicole shares her vision and strategy to drive the LPGA's growth through strategic initiatives and story-telling, aiming to double r…
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Host Nick Kocisak, ASA, is joined by Austin Kang, FSA, MAAA, CERA, to discuss the importance of being more than just a "number cruncher" as you fulfill your actuarial duties. Austin shares his experience working in the health consulting industry and provides lessons learned on how to leverage your actuarial background to gain trust and confidence w…
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Hosted by sports marketing and media industry veteran Steve Feuerstein, this week's episode of The Transaction Report welcomes Kyle Rudolph, former NFL superstar tight end of the Minnesota Vikings and Co-Founder of Alltroo. With a standout career as a tight end, Kyle shares his journey from rookie brand deals to major contract negotiations as well …
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In this podcast episode, Virginette Scott, The Actuarial Foundation’s Stem Stars/Math Motivators Program Specialist sets the spotlight on The Actuarial Foundation’s Math Motivators program. Virginette’s guests are Barry Jacobson, retired actuary and the visionary founder of Math Motivators, and Jill Geritano, the parent of a former and a current Ma…
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Build your strategic foresight with our latest Crossing Thin Ice episode "Scenario Planning in 10 Steps." Learn how you can use scenario planning to road test your strategies to ensure your organization is prepared for future challenges. Whether you're a seasoned risk manager or new to scenario planning, this episode offers valuable insights to enh…
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Join us on The Transaction Report as sports marketing and media veteran Steve Feuerstein, CEO of SportsBiz, hosts Patrick Talty, President of Indiana Sports Corp. With a distinguished career that includes leadership roles at WWE and U.S. Bank Stadium, Patrick shares insights from his transformative work in sports event management and community impa…
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In this episode of The Transaction Report, host Steve Feuerstein welcomes Ted Johnson, Founder and Principal of Norden Strategies. With over 30 years of experience and a remarkable career at the Minnesota Timberwolves & Lynx, Ted shares his insights on leading transformational projects, innovative branding, and award-winning efforts in sports marke…
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Is there a Place for Zero Cash Flow Assets? Whether a product of today’s added complexity or a result of the recent reach for yield when rates are low, more assets are being held by insurance companies with irregular or deferred cash flows. Some find this a natural progression, while others never find it appropriate. The answer is somewhere in the …
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After being in effect for over three years, the COVID-19 public health emergency (PHE) expired in May 2023. From the start of the PHE, state Medicaid programs applied continuous coverage (or non-termination) requirements to access additional federal matching funds provided through the Families First Coronavirus Response Act (FFCRA). The Consolidate…
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Hosted by sports and media industry veteran Steve Feuerstein, this week's episode of The Transaction Report welcomes Craig Sloan, the newly minted CEO of Playfly Sports. With over 20 years of experience in sports media and advertising, Craig shares his vision and strategies for revolutionizing sports sponsorship and marketing.…
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The Sponsorship Blueprint: Partnerships are About a Promise with the Goal Being Infinite Host Steve Feuerstein talks with Dan Costello, EVP & Chief Revenue Officer of the Phoenix Suns, and Bill Sutton, one of the nation’s leading experts in the business of sports. They explore how the Phoenix Suns and their partners are navigating the evolving spon…
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Join host Nick Kocisak, ASA and guest Taylor Pickett, FSA, MAAA for a discussion of the importance of leveraging foundational actuarial principles and communicating effectively when working in innovative areas of the profession. Taylor shares his experience working with accelerated underwriting programs around the industry and provides insights int…
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We are all overconfident. Sometimes Overconfidence is what is needed to get out of bed in the morning. In an insurance company it is often the chief risk officer's duty to look out for overconfidence. In an unusual twist, this podcast addresses overconfidence of chief risk officers and what they can do about it. By Dave Ingram…
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In this episode of The Transaction Report, Steve Feuerstein and Joanne Pasternack discuss the challenges and considerations of athlete brand endorsements and social impact. They delve into the authenticity of endorsements, the potential for oversubscription with too many brands, and the importance of creating meaningful connections and positive com…
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Join us for a conversation that journeys from the 1980’s to today, exploring how technology along with the nature of actuarial work has evolved. On this podcast, Bill Sayre, FSA (an actuary with decades of experience) will take Shang Xu, FSA (a Gen Z actuary) into the past, examine how the nature of actuarial work changed with the advancements in t…
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Steve Feuerstein and Andrew Zimbalist discuss the intricacies of corporate sponsorship in major sporting events, particularly focusing on the Olympic Games. They delve into the financial implications, the impact of political turmoil, and the challenges posed by changing climates on future host cities. Zimbalist also shares his skepticism about the …
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Economist Andrew Zimbalist discusses the evolving landscape of hosting the Olympics, highlighting the escalating costs and decreasing interest from cities in hosting the games. He explains how the International Olympic Committee (IOC) has adapted to these challenges by implementing reforms aimed at reducing costs and encouraging sustainability. Zim…
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Explore with us how AI is poised to transform the actuarial landscape. We interview Dan Kim, an actuary pioneering AI innovation to streamline research and enhance efficiency. He delves into the challenges of AI hallucinations and bias, highlighting the need for transparency and accuracy. This episode uncovers the exciting potential and critical co…
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In this podcast Joe Alaimo interviews Rahul Nawab, SVP, Analytics at EXL to discuss cyber insurance evolution, risk mitigation, and emerging trends. They explore emerging trends, adaptive strategies, data analytics, and insurer innovations in cyber insurance and risk mitigation.
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You must walk the walk and not just talk the talk. Strong Risk Management culture means that words and actions are also consistent with beliefs. By Dave Ingram. We would like to know what you think about a set of 30 Risk Culture Beliefs that we have observed. Please take our totally anonymous survey about RISK BELIEFS. We have been sharing discussi…
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Join us for a conversation dedicated to helping actuaries navigate the complexities of “managing up” in their profession. On this podcast, Tasha Boland, FSA and Morgan Zuidema, FSA will delve into practical strategies and insights for building effective relationships with managers, understanding leadership styles, and achieving career growth within…
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In the next installment in a series to further explore and differentiate the regulatory bodies and rating agencies overseeing the insurance industry, this podcast presents a conversation with Fred Anderson, Chief Life Actuary for the Minnesota Department of Commerce. Fred describes his role as the Chief Life Actuary for the state as well as the int…
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Join new host Nick Kocisak, ASA, and Mike McPhee Anderson, FSA, to learn about Mike's unique educational background and the importance of data science know-how in the actuarial world. In this episode, Mike discusses some advantages of continuing education and dispels data science "dirty words" like Poisson distribution and decision tree in hopes th…
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The leading risk in the 2024 survey is Cybercrime. From phishing scams to ransomware attacks, cybercriminals are constantly evolving, posing new threats to individuals, businesses, and governments alike. Consistently ranked #1 or #2 in the annual Dangerous Risks survey, learn why we think that Cybercrime is here to stay. By Dave Ingram And here is …
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In the final episode of this mini-series, Shea and Anders cover the other common tree-based ensemble model, the Gradient Boosting Machine. Like Random Forests, GBMs make use of a large number of decision trees, but they use a “boosting” approach that cleverly makes use of “weak learners” to incrementally extract information from the data. After an …
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Nichole Semprit, The Actuarial Foundation Senior Program Specialist and Channy Cornejo, AP Calculus and AP Statistics Instructor at Santa Teresa High School discuss how the Foundation math competitions, Modeling the Future Challenge and The Hardest Math Problem Student Contest help students expand their skills, build confidence and win college scho…
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Join us for another exciting YPAC podcast as host Shawn Stender, FSA, MAAA, discusses unique actuarial career journeys with Lana Marozava, ASA, CERA, and Joe Long, ASA, MAAA. This podcast will shed light on the numerous different paths that young professionals can take on their journey to become an actuary. Whether that means changing careers from …
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Join Frank Yeager, FSA and Chris Smith, ASA for an insightful discussion about leadership, the future of actuarial consulting, and the value of strong relationships. Frank shares his advice for aspiring and early-career actuaries gleaned over the course of a two-decade long career at Mercer that has culminated in his latest role as US Health Actuar…
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Podcast on the industry adoption of emerging data sets across the insurance value chain. The participants include recognized leaders from business, regulation, legal, and innovation. The discussion covers current adoption practices, business opportunity, regulatory and legal considerations.
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Building on the discussion of individual decision trees in the prior episode, Shea and Anders shift to one of today’s most popular ensemble models, the Random Forest. At first glance, the algorithm may seem like a brute force approach of simply running hundreds or thousands of decision trees, but it leverages the concept of “bagging” to avoid overf…
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When rates recently spiked it surprised many with direct and indirect implications. The market value of bonds decreased, and the price of replacement parts for autos increased. There are three ways that insurers can be affected by higher rates. Looking at past events help to prepare for similar tail events in the future. By Max Rudolph.…
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Dave Dillion and Bryon Robidoux discuss the book Dare to Lead, which was the Joint Risk Management and Leadership & Development Sections book club selection for December. They discuss what it means for managers to be vulnerable. How to give and receive feedback from both a manager’s perspective and the direct report perspective. The end the podcast…
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What is professionalism? Is it just following the law? The code/rules of professional conduct? Is it more than both of those? Listen to our podcast where YPAC member Patrick Samborsky, ASA, MAAA discusses professionalism with Charly J Pazdor, FSA retired, who has written about professionalism for The Actuary magazine as well as being a course direc…
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Shea and Anders dive into tree-based algorithms, starting with the most fundamental variety, the single decision tree. We cover the mechanics of a decision tree and provide a comparison to linear models. A solid understanding of how a decision tree works is critical to fully grasp the nuances of the more powerful ensemble models, the Random Forest …
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Join host Jackie Lee and guest Colby Schaeffer as they delve into the recent SOA research paper, “Modeling the Impact of the Great Unwinding on State Medicaid Programs.” They explore the model presented in the research paper and discuss the societal and actuarial implications of the Great Unwinding. Tune in to learn more about this important topic.…
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