By Igor Nikitin, ASA, MAAA CEO, Nice Technologies LLC. Based on a true story of Pricing Reinsurance or Similar Risk Transfer Transactions Involving Life Insurance, Annuities, or Long-Duration Health Benefit

“The next technological breakthrough will integrate with Python first.” That was one of the key points made at the SOA ValAct conference session on actuarial modernization. In that presentation, it

By Igor Nikitin, ASA, MAAA CEO, Nice Technologies LLC What does the video game industry of the 1990s and today’s actuarial software have in common? More than you might expect! As

By Igor Nikitin, ASA, MAAA CEO, Nice Technologies LLC This article explores the current state of AI and demonstrates that cost-effective replacement of traditional actuarial models with AI is unlikely

On October 22, 2024, Nice Technologies hosted a ribbon-cutting and launch event at the Northeast Indiana Innovation Center (NIIC) in Fort Wayne, IN. The event marked a significant milestone as