E-raamat: Artificial Intelligence and Actuarial Science: Applications and Case Studies from Finance and Insurance

Section A Introduction
1. Evolutions of Actuarial Systems in the
Insurance Industry & challenges in the existing system Section B Application
of AI
2. Experts Opinion on Generative AI: Adoption and Challenges in
Actuarial Science
3. AI: A revolutionary tool for actuarial work in insurance
4. Explainability AI: A Key Driver for Enhanced Quality of Service in
Actuarial Practices
5. Explainability of AI in improving the Quality of
Service in the Actuarial Industry
6. AI Transformation of the Insurance
Industry: A Systematic Review of Progress and Possibilities
7. Examining the
factors influencing AI adoption in the insurance Industry specifically in
actuarial process.
8. Role of Artificial Intelligence (AI) in Insurance
Industry: Scope, Benefits, and Adoption Roadmap
9. AIs role in improving the
quality of Insurance services
10. Fuzzy Artificial Intelligence as A
Technique to Find Relative Desirability for Automated Insurance Premium
Assignment
11. Opportunities and Challenges of Combining Artificial
Intelligence Power with the Richness of Healthcare Claims Data Section C
Technological Advancement
12. Implementing Machine Learning in Actuarial
Practice: Real World Applications and Insight
13. Telematics System in Usage
Based Motor Insurance
14. Secured and Scalable: Integrating Blockchain
Solutions for Health Insurance Claim Using Client Support Chatbot Automation
Section D Conclusion
15. Law and AI-Powered Actuarial Revolution: Navigating
the Future of Insurance Risk Assessment
16. Charting the Future: Artificial
Intelligences Role in Revolutionizing Actuarial Work in Insurance Sector

Dr. Sonal Trivedi is an assistant professor at VIT Bhopal University, India. She has more than 12 years of teaching experience. She has published two books in national publications and has two edited books with international publishers in the process of publishing. She has 27 documents in Scopus indexed journal. She has six patents granted. She has 22 research papers in UGCapproved journals and presented 15 papers at international and national conferences. She has acted as conference chair for five international conferences. She is a reviewer for four reputed journals. She did her Ph.D. in Management (Finance) with a thesis titled 'A Study on Risk Management Tools and Techniques in Life Insurance Industry in India' from the University of Kota (Rajasthan) in 2017. She has also worked as a teaching assistant at S.V. National Institute of Technology (NIT), Surat (Institute of National Importance under Ministry of Human Resource Development (MHRD), Government of India). Her areas of interest are blockchain, finance, banking, and insurance.

Dr. Nallakaruppan M.K is an assistant professor in Balaji Institute of Modern Management Sri Balaji University Pune India. He completed his bachelor's degree (B.E.) in Electronics and Communication Engineering at J.J. College of Engineering and Technology. He completed his masters degree (M.E.) in Software Engineering at Anna University. He completed his Ph.D. in "Decision Support Systems for IoTbased Infrastructures" at VIT University, Vellore. His areas of expertise are IoT and smart networks, machine learning, soft computing, decision science, and deep learning. He has 32 international publications in various international journals under his area of interest. This includes 20 research papers, 9 conferences, and 3 book chapters, all with various reputed publishers.

Dr. Balamurugan Balusamy is Associate Dean of Students at Shiv Nadar University, DelhiNCR. Prior to this assignment, he was a professor at the School of Computing Sciences & Engineering and Director of International Relations at Galgotias University, Greater Noida, India. His contributions focus on engineering education, blockchain, and data sciences. His academic degrees and 12 years of experience working as a faculty in a global university like VIT University, Vellore, have made him more receptive and prominent in his domain. He has over 200 papers with high impact factor published in multiple reputed journals. He has edited and authored more than 80 books, as well as collaborated with eminent professors across the world from top QSranked universities. He has served up to the position of associate professor in his stint of 12 years of experience with VIT University, Vellore. He had completed his bachelors, masters, and Ph.D. degrees from India's top premier institutions. His passion is teaching, and he adapts different design thinking principles while delivering his lectures. He has published over 80 books on various technologies and has visited over 15 countries for his technical course. He has attended several topnotch conferences and has published over 200 highquality journal, conference, and book chapters combined. He serves on the advisory committee for several startups and forums, as well as does consultancy work for industry on industrial IOT. He has given over 195 talks at various events and symposiums.

Dr. Nithya Rekha Sivakumar received a grant from UGC and completed her Ph.D. as a fulltime research scholar at Periyar University awarded with "UGC BSR Research Fellowship in Science for Meritorious Students" by the University Grants Commission, New Delhi, Govt. of India, from 2010 to 2013. She received a travel grant from the Department of Science and Technology (DST), Govt. of India, to go to United States for her Ph.D. research. She received the "Best Distinguished Researcher Award" for the year 2015-2016 from the College of Computer, Qassim Private Colleges, Buraydah, Kingdom of Saudi Arabia. She has received a research grant for the Research Identity Fasttrack Funding Program from the Deputyship for Research & Innovation, as well as the Ministry of Education and Researchers Supporting Project Award from Princess Nourah Bint Abdulrahman University in Saudi Arabia four times. She is on a Panel of External Examiners for Ph.D. for more than 25 candidates who have been awarded Ph.D. She is the author of over 50 peerreviewed articles. She also has three patents. She is a reviewer for reputed journals. She is supervising several graduates (B.S. and M.S.). Her research interests include mobile computing, artificial intelligence, Internet of Things, deep learning, machine learning, wireless networks, network/cyber security, blockchain, VANET, cognitive radio networks, and cloud computing. She is currently an associate professor in the Department of Computer Sciences, College of Computer and Information Sciences, Princess Nourah Bint Abdulrahman University, Riyadh, Saudi Arabia. She has 17 years of teaching experience in the field of computer science and 15 years of research experience.