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GPT-3 and the actuarial landscapeGPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What Is1 hit
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The slide highlights the convergence of data availability, hardware, software frameworks, and algorithmic innovation.GPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What IsLoop · Golden Circle1 hit
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The slide uses a standard linear regression example to illustrate basic ML concepts.GPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What Is1 hit
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The slide explains the derivation of beta coefficients for a simple linear regression model.GPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What Is1 hit
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The slide sets up a transition from closed-form solutions to iterative optimization.GPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What Is1 hit
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The slide contrasts the iterative nature of gradient descent (no closed-form formula for coefficients) with the model structure and cost function.GPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What Is1 hit
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The slide illustrates the iterative nature of gradient descent by showing a poor initial fit (red line) for the data points.GPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What Is1 hit
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The slide illustrates the iterative nature of gradient descent by showing a poor initial fit (red line) for the data points.GPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What Is1 hit
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Explains the technical process of how GPT models convert text to tokens and predict the next token as a classification task.GPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What Could BeLoop · Mece Breakdown1 hit
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GPT-3 and the actuarial landscapeGPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What Could BeLoop · Mece Breakdown1 hit
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Explains the mechanism of adding positional encoding vectors to word embedding vectors to preserve sequence information.GPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · What Could BeLoop · Mece Breakdown1 hit
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The slide shows a two-column layout: left side details data loading steps, right side provides Python code for plotting histograms with average target overlays.GPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · New BlissLoop · Quick Win Big Bet1 hit
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GPT-3 and the actuarial landscapeGPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · New Bliss1 hit
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GPT-3 and the actuarial landscapeGPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · New Bliss1 hit
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GPT-3 and the actuarial landscapeGPT-3 and the actuarial landscape · Oliver Wyman
Consulting deck Strategy consulting Beat · New Bliss1 hit
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Homeowner availability studyHomeowner availability study · Oliver Wyman
Consulting deck Strategy consulting 1 hit
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Homeowner availability studyHomeowner availability study · Oliver Wyman
Consulting deck Strategy consulting Beat · Situation & Context1 hit
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DCC stands for Defense & Cost-Containment Expenses.Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting 1 hit
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The map uses a color scale from green (low) to red (high) to represent the percentage of building structures in high-risk areas.Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting 1 hit
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The slide uses grouped bar charts to compare state vs national market share concentration.Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting Beat · Problem & ComplicationLoop · Cost Of Inaction1 hit
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The map uses black outlines to highlight specific regions of interest over a standard OpenStreetMap base.Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting Beat · Evidence & ProofLoop · Tale Two Worlds1 hit
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The slide outlines a process flow from data acquisition (Microsoft Building Footprints) to final risk assessment (High-or-Above Pct).Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting Beat · Evidence & Proof1 hit
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The chart uses a dual-axis approach: bar chart for building distribution and line chart for relative wildfire frequency.Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting Beat · Evidence & Proof1 hit
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The map uses a color gradient to represent population density per square mile, with a callout box explaining the implications for insurance risk.Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting Beat · Evidence & Proof1 hit
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Includes definitions for insurance industry metrics and scope limitations for Colorado homeowners insurance data.Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting Beat · Evidence & Proof1 hit
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Includes annotations highlighting specific data trends (red box for premium growth, blue box for unit growth).Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting Beat · Evidence & Proof1 hit
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Homeowner availability studyHomeowner availability study · Oliver Wyman
Consulting deck Strategy consulting Beat · Impact & Next Steps1 hit
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The slide details the methodology for data collection and validation, including exclusions and missing data.Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting 1 hit
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The slide details three specific validation steps (A, B, C) used to ensure data quality for the study.Homeowner availability study · Oliver Wyman
Consulting deck Strategy consulting 1 hit
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Homeowner availability studyHomeowner availability study · Oliver Wyman
Consulting deck Strategy consulting 1 hit