Kuala Lumpur, Malaysia, November 20, 2015 --(PR.com
)-- Nicholas Actuarial Solutions, a Malaysian startup, is trailblazing the predictive analytics scene in the ASEAN region.
Invited to speak in the ASEAN Insurance Congress 2015 - A Brave New World in Phnom Penh last month, Founder & Actuary Nicholas Yeo gave an insightful presentation titled "Application of Predictive Analytics in Distribution, Operations and Risk Management." Most prominently, Nicholas highlighted that communication skills and professionalism - two values core to the actuarial profession - are key towards the successful application of predictive analytics.
The ASEAN Insurance Congress is an annual event attended by insurance industry leaders and regulators from the ASEAN region.
Earlier this month, Nicholas, in his professional capacity, represented the Actuarial Society of Malaysia to the 19th Asian Actuarial Conference in Bangkok. In a technical presentation to the audience, Nicholas illustrated, through his research prototype, the application of professional actuarial judgment in predictive analytics. In an effort to accelerate practical application of predictive analytics, Nicholas Actuarial Solutions has made the research prototype, together with accompanying codes, available at www.n-actuarial.com.
Nicholas Actuarial Solutions is founded with a mission to develop and implement novel, cutting edge solutions. Its Founder & Actuary, Nicholas Yeo, is a Fellow of the Institute of Actuaries (UK), Fellow of the Actuarial Society of Malaysia and a Fellow of the Society of Actuaries (US). His experience includes, amongst others, the founding member of the Technology Expert Network of a large multinational company.