In April, you’ll remember we announced that RealRate participated in the TDWI [https://www.linkedin.com/company/tdwi/] Roundtable that was held on April 16 in Vienna.
TDWI, which stands for “Transforming Data With Intelligence,” embodies the mission at RealRate where we blend Artificial Intelligence with expert insights to provide causally interpretable data.
At the TDWI workshop in Vienna on 2024-04-16, Dr. Holger Bartel (CEO of RealRate) presented the new Austrian Life Insurance Ratings. He focuses on using explainable AI (XAI), expert systems, and structural causal models.
Please enjoy the videos here!
At the event, Dr. Holger Bartel [https://www.linkedin.com/in/dr-holger-bartel/] and Prof. Dr. Mirko Kraft [https://www.linkedin.com/in/prof-dr-mirko-kraft-8063585/] unveiled groundbreaking insights, applying their innovative method to assess the financial robustness of Austrian insurers for the first time.
This analysis was made possible by the largest model ever developed by RealRate [https://www.linkedin.com/company/realrate], designed to handle the multifaceted nature of Austrian insurance sectors including life, health, and property and casualty insurance.
By integrating specific balance sheets and profit and loss items, we derived a crucial financial metric: the economic capital ratio. This methodology, comprised of over 100 equations, ensures our results are not just numbers, but explainable data with traceable roots.
These findings are visually represented through our distinctive, color-coded causal tree diagrams, making complex data accessible and actionable for decision-makers.
The workshop was dynamically led by Prof. Jan Ehmke [https://www.linkedin.com/in/jan-ehmke-05579b89/] and Franz Amesberger [https://www.linkedin.com/in/franz-peter-amesberger-0433191b/] in the heart of Vienna at the TCI headquarters, with options for attendees to join either in person or online, fostering lively debates throughout the session.
