Holger Bartel from the independent rating agency RealRate answers questions about disability insurance and the RealRate survey — because financial strength secures a customer's future surplus participation.
What should be considered from the customer's point of view with regard to disability insurance? What role does profit participation play?
Why is it important to pay attention to the financial strength of providers of disability insurance? Why are disability customers also affected by low interest rates?
The RealRate approach to rating insurance companies: financial strength is brought to the fore. Using modern artificial intelligence methods, the causes of financial strength are analyzed and explained.
At the EAA Conference on 12 May 2022, European actuaries discussed Data Science & Data Ethics. Prof. Kraft (Coburg University) and Holger Bartel (RealRate Inc.) contributed their novel approach to fair and explainable company ratings, showcasing our most recent rating of all German life insurers.
More on the RealRate approach, presented at the KI Community Meetup on 28 October 2021.
Holger Bartel, founder of RealRate, shows how AI can be made explainable even for a small amount of data such as annual-report data. A structural neural network restricts the usually fully connected layers, so the model is explainable by design — using graph theory and derivatives.
