The Actuary's Role in Closing the Economic Gap

Submitted by: Ashley Bybee - United States of America

The world is having growing problems - inequality, climate impact, supply chain disruptions. There is increasing uncertainty in these challenging times, but as actuaries we are able to work at the core of these challenges to promote change. Fortunately, the quality and quantity of data is improving faster than ever before. Actuarial science can leverage these datasets for meaningful insights in order to launch impactful insurance products. These new products will drive societal advancements and help close the economic gap.