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Bijal Patel

Algorithmic Trading of Complex Commercial Insurance

A Talk by Bijal Patel (Chief Technical Officer, Aurora)

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About this Talk

Algorithmic underwriting represents a transformative opportunity for insurers to optimise both loss and expense ratios.

This talk explores strategic integration of human expertise, automation technologies and artificial intelligence in end-to-end insurance trading and underwriting processes.

Strategic AI applications combined with human judgement enhance risk assessment accuracy, streamline operations, and improve profitability.

This presentation examines practical implementation, performance metrics and the evolving role of actuaries and underwriters, demonstrating how this hybrid model delivers superior outcomes.

11 September 2025, 05:30 PM

05:30 PM - 06:00 PM

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About The Speaker

Bijal Patel

Bijal Patel

Chief Technical Officer, Aurora

Society of Actuaries (SOA)

The Society of Actuaries (SOA), founded in 1889, is the world’s largest actuarial organization with over 34,000 members. The SOA advances actuarial knowledge and promotes actuaries as leading experts in risk management. Learn more at soa.org.

Main Sponsor

Akur8

Akur8 is transforming the non-life insurance industry with its innovative suite of pricing and reserving solutions.

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Reitigh

At Reitigh, we enable financial services companies to change. Our IntegraLynx platform facilitates the administration of complex regulatory and back-office processes. The agility of our technology and the experience of our team allows us to implement solutions flexibly and at speed.

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Green 13 Solutions

Green 13 Solutions is a fast growing, independent actuarial software company founded in 2013, serving clients in over 24 countries and 4 continents. Our flagship platform, Iris, is a modern, low‑code, AVX/GPU/Grid actuarial projection system built for speed, clarity, and flexibility.

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Quantee by Guidewire

Quantee by Guidewire, the next-gen pricing platform, is utilised by insurers, MGAs, and brokers globally to rapidly build and deploy pricing models. Following its successful acquisition in 2025, it became a core part of the leading global P&C software provider.

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The Actuarial Nexus

The Actuarial Nexus is an exam preparation platform focused around practice questions, mock exams, and analytics. We incorporate the latest technologies to provide students with an efficient and engaging study experience at a fraction of the cost of industry standard.

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Society of Actuaries in Ireland

The Society of Actuaries in Ireland is the professional body representing the actuarial profession in Ireland. The Society is dedicated to serving the public by fostering the highest standards of professionalism and competence in actuarial practice.

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