Without being an exhaustive list, this document addresses through an original parallelism key elements of modeling in insurance, and precautions taken at ADDACTIS® Worldwide in terms of creation and management of actuarial models.
Programming languages, operational specifications, regulations evolution, technical constrains: as much elements that today makes risk modeling rich and complex. For novices, this field may be source for questioning, incomprehension, or doubt. For initiates, it may be a source of disagreement and instability. Clearing all ambiguity, worry or grey area may not be easy when it comes to modeling. However, some simple rules, based for example on the experience of proven professions, may allow one to see clearer.