Actuarial models are powerful tools to assess risk - Aon

Actuarial models can be powerful quantification tools to assist professional service firms in making informed decisions about their insurance risk strategy. The costs associated with alternative insurance program structures (retentions and limits) can be estimated by using actuarial risk modeling, helping to tailor (re)insurance programs to match the loss profile of an individual professional service firm.

The next step: Integrating actuarial risk assessment and clinical judgment into an evidence-based practice framework in CPS case management - ScienceDirect

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