ARLINGTON, VA, August 21, 2019 — Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today announced that Kimberly Steiner, senior director, Insurance Consulting and Technology (ICT) and Boyang Meng, consultant, ICT, were recognized for their paper “Predictiveness vs Interpretability” as part of the Society of Actuaries’ 2018 call for essays on the theme “Risks Posed by Predictive Models.”
“Congratulations to Kim and Boyang on this well-deserved honor, which is a testament to their outstanding work” said Serhat Guven, Americas leader for ICT, Willis Towers Watson. “This is a great example of how our colleagues continue to make a difference — innovating and transforming insurance together.”
Participants were asked to discuss the risks and consequences arising from the use of predictive analytics. Steiner and Meng’s paper compared two kinds of predictive models, built using the same data, on the criteria of predictiveness and interpretability, in the context of life insurance mortality. It was recognized as the Best Eligible Paper. The collection of papers can be found here.
Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential.
