A poll into the use of telematics by drivers has found that more male drivers are willing to have their vehicle monitored for insurance purposes than women.
The survey found that 60% of men would be interested in using a device compared to only 40% of women. This is despite the ruling that insurers will no longer be able to use gender to assess insurance rates, causing women’s insurances prices to rise this December.
Duncan Anderson, global head of property, casualty insurance pricing and product management at Towers Watson said: ‘With the ban on the use of gender in setting insurance prices from December 21, young female drivers could materially benefit from the use of telematics.”
44% of all drivers identified insurance discounts as the most attractive benefit of using a telematic device.
GAAPS are very pleased to announce that we have been accredited with the ISO certification following a detailed inspection of our working recruitment methods in the actuarial profession.
The report which took place in early February highly praised our up to date audits and systems. Findings from both the internal and management review led to confidence that the systems will be well maintained. Unfortunately the recruitment industry has many companies who are sales led, rather than based upon sound processes and integrity. At GAAPS Actuarial Recruitment we have always prided ourselves on the robust processes and systems that we work to.
As well as the positive comments included within the report about our recruitment systems, our staff were commended for their knowledge of the actuarial industry, their specific roles and their responsibilities.
Posted in Actuarial Exams, Actuarial Qualifications, Actuarial Sectors, Certification, ISO, news
Tagged actuarial, actuarial exams, actuarial profession, Actuaries, Actuary, acturarial profession, Competition, congratulations, Events, exam results, ISO, news, results, The Actuarial Profession
Members of the Faculty of Actuaries in Scotland and the Institute of Actuaries in England have voted to merge the two organisations. The new body will be known as the Institute and Faculty of Actuaries and will represent over 21,000 members around the globe.
Now that the vote has been cast, formation of the Institute and Faculty of Actuaries is subject to the approval of a new Royal Charter by the Privy Council.
Ronnie Bowie, President of the Faculty, said:
We can now build a unified, modern and outward looking professional body that reflects the goals and aspirations of our members. The diversity of our membership is a source of great strength.
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Posted in Actuarial Societies, Institute and Faculty of Actuaries, news, UK
Tagged actuarial, Actuaries, Actuary, Faculty of Actuaries, Institute and Faculty of Actuaries, Institute of Actuaries, Merger, results, Ronnie Bowie, Royal Charter, Vote
The graphs below show the results so far for our poll on the proposed actuarial merger in the UK. If you haven’t yet voted, but would like to take part, click on the links after the questions.
A new merger vote has been announced for The Actuarial Profession in the UK. Do you think they should… http://bit.ly/94lc0g
What do you think about the publicity and mailshots that the Joint Council have sent out about the Actuarial Merger Vote? http://bit.ly/94lc0g
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Results for the October 2009 examinations have been published on the official website of the Actuarial Society of India.
Congratulations to everyone who passed.
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GAAPS Actuarial would like to wish the best of luck to all actuarial students who are waiting for the results of the CT exams on Friday.
Results will be released on The Actuarial Profession website on the 11th of December.
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