Past CAS Case Competitions @UofT

Goal: The 2021 CAS Data Visualization Competition challenged students to take on the role of team lead for Catastrophe Insurance Technology (C-IT), a consulting firm specializing in creating graphical actuarial reports. Their client was Harbor Enterprise Liability & Property (HELP), a mid-size insurance firm looking to understand their commercial property book, particularly in catastrophe-prone areas. The key task was to create insightful reports combining numerical summarization and graphical representations to aid in decision-making. The students had to consider various data aspects such as premium rates, total insured value, non-catastrophe losses, and historic hurricane data. This case study presented a unique opportunity for students to apply their actuarial skills in a realistic setting, offering insights into the complexities of property and casualty insurance in the context of natural disasters.

Mentors:

•  Howard Chen
• Prinsa Gandh
• Rachel Fermo
• Nicholas Teghararian
• JiaQi Zhao

Winners:

• 1st place: Team Incognito (Danny Heng-Yi Su, Huei Yang)
• 2nd place: Team Premium (Cyndi Choi, Sungwook Choi, Seung Wan Woo)
• 3rd place: Team Unnamed (Natalia Smut, Sartaj Khurana)

Contestants:

• Chen, Kai-Fu 

• Choi, Yan Tung Cyndi 

• Choi, Sung Wook (John) 

• Dang, Minh 

• Ding, Daisy 

• Ferm, Rachel 

• Fraser, Solana 

• Gandhi, Prinsa 

• Garand, Denis 

• Gew, Esther 

• He, Jerry 

• Huang, Yi 

• Jiang, Lai 

• Khullar, Priyanshi 

• Khurana, Sartaj 

• Kim, Guemin 

• Martyn, Sean 

• Pong, Kai Wang 

• Qiao, Wei 

• Rai, Subham 

• Rughani, Harsh 

• Sharma, Gaurav 

• Smut, Natalia 

• Song, Zhuoyang (Bobby) 

• Su, Danny 

• Utami, Elning 

• Wang, Kexin 

• Woo, Seung-Wan 

• Wong, Ethan 

• Xu, Siliang/Sam 

• Yang, Huei Jen 

• Yang, Yuqiu 

• Zhao, James 

• Zhao, JiaQi 

Goal: The 2023 Workers Compensation Reserving case competition challenged students to apply innovative quantitative analysis to real-world insurance scenarios. Contestants delved into concepts such as incurred and paid losses, and the intricacies of loss development triangles. They showcased their analytical prowess in handling both short-and long-tailed losses, as well as distinguishing between indemnity and medical payments, while also honing their research and presentation skills.

Mentors:

• N/A

Winners:

• 1st place: Team Citizens of Rivia (Jordan Milando, Zuva Gwata, Fergie Galeromeloe, Avalo Gu)
• 2nd place: Team PSSJ (Shivanga de Silva, Pascal Lee Slew, Sun Tianqi, Joshua Albin-Smith)
• 3rd place: Team Women of Wisdom (WOW) (Huyi Xiong, Jingwen Zhang, Sifei Li, Christine Yun)

 Contestants:

• Minh Thi Nhat Dang
• Shivanga de Silva
• Fergie Galeromeloe
• Rongguan Gu
• Zuva Gwata
• Guemin Kim
• Chloe Chi-wing Lai
• Sifei Li
• Jordan Milando
• Kai Wang Pong
• Tianqi Sun
• Huyi Xiong
• Chenyu Zhang
• Zhendong Zhang
• Jingwen Zhang
• Minh Khoi Le
• Christine Yun Yun
• Siliang (Sam) Xu

Goal: The 2023 Product Development Case Competition challenged teams to design a cell phone warranty product for D-Mobile. Participants, drawing from multiple disciplines including risk management and data analytics, were tasked to develop a proposal that considers customer value and corporate benefit. Data analysis, creative pricing structures, and marketing strategies were key in crafting solutions to present to the company executives. This hands-on competition offered a unique platform for actuarial science students to apply their skills in a practical setting, simulating real-world business challenges.

Mentors:

• N/A

Winners:

• 1st place: Team Fireworks (Hewei Ding, Wenyu Qiu, Jiang Kunying, Xingyu Ni)
• 2nd place: Team KAGE (Alexia Xu)
• 3rd place: Team Citizens of Cintra (Zuva Gwata, Shaunee Callender, Fergie Galeromeloe)

Contestants: 

• Fergie Galeromeloe
• Hewei Ding
• Kai-Fu Chen
• Kunying Jiang
• Lingjun Meng
• Liu Yuqing
• Ni Lu
• Ruinan Chen
• Shaunee Callender
• Shichun Huang
• Wenyu Qiu
• Xinyue Xu
• Xun Li
• Yizhen Chen
• Yun Chu
• Zhao Zhao
• Zuva Gwata

Goal: Competitors were challenged to develop a pricing structure for homeowners' insurance for Pickles Mutual Insurance Company, utilizing provided data on premiums, losses, and other factors. Teams performed an actuarial analysis, recommended a discount structure, and considered competitor information and data credibility. The goal was to propose changes that enhance the company's market competitiveness and address financial challenges, culminating in a presentation to company executives.

Winners:

• 1st place: Team Catostrophic Calculators
• 2nd place: Team Rookies
• 3rd place: Team Fly Like a Beagle

Contestants:

• Catastrophic Calculators:

• Albert Wang
• Tze Sean Lee
• Michael Harewood
• Yeeren Chen

• LiSkov:

• Jingwen Zhong
• Xiyan Chen

• Fly Like a Beagle:

• Yuchan Li
• Zixuan Huang
• Xiaowei Xu
• Tien Han

• Rookies:

• Patrick Lei
• Jiao Ni
• Jing Xun
• Jingxue Ma

• Alpha Actuarial:

• Daniel Sun
• Valerie Kim
• Nam Kha Le
• Haoyu Chen