Risk considerations for innovative products: A case study of the long-term care insurance industry
This report explores key risks and considerations for product innovation using the long-term care (LTC) insurance industry as a case study. It identifies how actuaries of all backgrounds can apply the lessons learned, and challenges overcome, by the LTC insurance industry to improve further innovation, product development, and risk management.
This article was published by the Society of Actuaries.
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About the Author(s)
Stephanie Moench
Amy Pahl
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Risk considerations for innovative products: A case study of the long-term care insurance industry
This report explores key risks and considerations for product innovation using the long-term care insurance industry as a case study.