Almost Nowhere

The CAS Institute

Almost Nowhere explores the intersection of data science, AI, and actuarial thinking in the P&C insurance industry—and beyond. In a world where innovation feels slow and risk is constantly evolving, we ask the hard questions, spotlight real-world progress, and talk with the people driving change. Whether you're an actuary, a data scientist, or just curious about what’s next, this show dives into how emerging tech is reshaping insurance from the inside out.

  1. 4 days ago

    Dorothy Andrews and Nate Luketin on Climate Attribution Science

    When is a changing climate actually changing insurance risk—and how do actuaries know? Recorded live at the CAS Spring Meeting in New York City, Alicia Burke and guest co-host Malika Bender sit down with Dorothy Andrews (NAIC) and Nate Luketin to explore one of the most challenging questions facing the profession: how should actuaries incorporate climate attribution science into pricing, catastrophe modeling, and enterprise risk management? The guests explain how attribution science helps distinguish natural variability from measurable shifts in risk, why historical data may no longer be enough for some perils, and what actuaries should ask before relying on emerging climate research. They discuss: What climate attribution science actually measures—and what it doesn'tHow attribution studies can strengthen actuarial judgment and model governanceWhy transparency and uncertainty matter as much as predictive accuracyThe role of peer-reviewed research, confidence intervals, and model validationHow actuaries should evaluate vendor models and climate assumptionsWhy human judgment remains essential in an era of increasingly sophisticated AIThroughout the conversation, Dorothy and Nate emphasize that the goal isn't to replace actuarial expertise with new models, but to challenge assumptions, improve decision-making, and communicate uncertainty more effectively. For actuaries working in pricing, catastrophe modeling, reserving, or ERM, this episode offers a practical framework for evaluating one of the profession's fastest-evolving areas.

  2. 1 Jun

    Piotr Lebiedz

    Recorded live at the 2026 RPM Seminar in Chicago, this episode of Almost Nowhere explores a question that sits at the center of modern actuarial practice: what does pricing sophistication actually mean? While many North American conversations focus on modeling techniques, filing requirements, and implementation challenges, some international markets have pushed much further into demand modeling, elasticity, customer lifetime value, experimentation, and real-time deployment. To understand what that looks like in practice, Alicia Burke and Jeffrey Durham sit down with pricing actuary Piotr Lebiedz, whose experience spans some of Europe's most competitive insurance markets. The discussion covers: Why competition and regulation shape pricing innovation differently around the worldWhat U.S. actuaries can learn from pricing practices in Poland and the UKThe real strengths and limitations of GBMs versus GLMsHow demand modeling and elasticity can improve business decisions without crossing regulatory linesWhy deployment speed may matter more than model complexityThe debate around customer lifetime value and whether insurers can truly predict itHow AI and agentic workflows could reshape pricing teams in the years aheadAlong the way, Piotr challenges the idea that sophistication is simply about building more complex models. Instead, he argues that the most advanced organizations focus on people, processes, governance, and speed—using the right tools for the right problems rather than chasing complexity for its own sake. For actuaries, pricing leaders, and insurance innovators, this conversation offers a rare look inside markets where pricing strategy has become a true competitive weapon.

About

Almost Nowhere explores the intersection of data science, AI, and actuarial thinking in the P&C insurance industry—and beyond. In a world where innovation feels slow and risk is constantly evolving, we ask the hard questions, spotlight real-world progress, and talk with the people driving change. Whether you're an actuary, a data scientist, or just curious about what’s next, this show dives into how emerging tech is reshaping insurance from the inside out.

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