FSRA Technical Advisory Committee for Auto Insurance Data & Analytics
Summary of the meeting of November 19, 2021
Via Teams
Technical advisory committee members present:
Name |
Organization |
---|---|
Achraf Louitri |
Intact |
Aiden Chen |
Facility Association |
Charles Dugas |
Ernst & Young |
Christopher Cooney |
TD Insurance |
Danish Yusuf |
Zensurance |
François Godbout |
Co-operators |
Kai Huang |
Economical |
Michael Lin |
Travelers |
Stephane Provost |
Aviva |
Santiago Villasis |
CGI |
Steve Gugler |
3Tree Inc. |
FSRA members present:
Tim Bzowey, Ivy Ou, Bruce Green, Stuart Wilkinson and others from FSRA’s Auto/ Insurance Products and Auto/ P&C Policy teams were present at the meeting. Marlena Labieniec from FSRA’s Innovation Office was also present.
General comments
This was the fifth and final Auto Insurance Data & Analytics Technical Advisory Committee meeting held by FSRA. The objective of the meeting was to review the draft TAC report and agree on the final recommendations. A recap of discussions undertaken during the previous TAC meetings and a summary of the products resulting from these discussions were provided. FSRA also provided a status update of its Innovation Framework and Test and Learn Environment, as well as its Underwriting and Rates Regulation Strategy and Transparency Strategy.
The committee members participated in a discussion session to provide their feedback on one of the final products that resulted from the meeting discussions -Report on Fair Treatment of Consumers in Uses of Big Data Analytics in Auto Insurance. FSRA noted that revised versions of final products based on feedback received from the committee members will be finalized by March 31, 2022. The Report on Fair Treatment of Consumers in Uses of Big Data Analytics in Auto Insurance is expected to be publicly released after it is finalized.