rpm_2016_presentations_pmgmt-2 - 2016 CAS Ratemaking and Product Management Seminar - Anti-Trust Notice

Sep 12, 2026

Upload by Jasmine

Seminar materials on product architecture in the context of the 2016 CAS Ratemaking and Product Management Seminar, led by Kelly Cusick. The agenda introduces product architecture, how to develop it, key considerations and success factors, and an open Q&A. Content frames agility in product management as disciplined design, deployment, and monitoring, linking market understanding, regulatory completion, coverages and forms, pricing and business rules, and clear product definitions. It includes an antitrust compliance notice outlining responsibilities and limits for seminar discussions.

LanguageEnglish

CategoryPresentations

FormatPDF

Pages23

Reading Time8 min

AccessFree to download

Agenda

What is Product Architecture?

Developing a Product Architecture

Considerations and Success Factors

Open Q&A

Agility in Product Management

Product Management Lifecycle

What is Product Architecture?

What is a Product?

Introduction to Product Architecture

Components

Dimensions

Product Architecture 2016 CAS Ratemaking and Product Management Seminar Kelly Cusick, ACAS, MAAADeloitte Consulting LLP March 16, 2016 Anti-Trust Notice 􀂃 The Casualty Actuarial Society is committed to adhering strictly to the letter and spirit of the antitrust laws. Seminars conducted under the auspices of the CAS are designed solely to provide a forum for the expression of various points of view on topics described in the programs or agendas for such meetings. 􀂃 Under no circumstances shall CAS seminars be used as a means for competing companies or firms to reach any understanding – expressed or implied – that restricts competition or in any way impairs the ability of members to exercise independent business judgment regarding matters affecting competition. 􀂃 It is the responsibility of all seminar participants to be aware of antitrust regulations, to prevent any written or verbal discussions that appear to violate these laws, and to adhere in every respect to the CAS antitrust compliance policy. 2 2016 CAS Ratemaking and Product Management Seminar Copyright © 2015 Deloitte Development LLC. All rights reserved. Agenda 􀂃 What is Product Architecture? 􀂃 Developing a Product Architecture 􀂃 Considerations and Success Factors 􀂃 Open Q&A 3 2016 CAS Ratemaking and Product Management Seminar Copyright © 2015 Deloitte Development LLC. All rights reserved. The Nimble Insurer P&C carriers are responding to pressure to become more “fleet footed” inan increasingly analytically-driven and efficient marketplace Opportunity: Carriers are making substantial investments to improve flexibility and speed as they go to market. Product Management Marketing Sales & Distribution Underwriting Challenge: While speed-to-market is a common mantra across the industry, carriers struggle to achieve desired outcomes for a variety of reasons: 􀂃 Talent Shortages 􀂃 Operational Silos 􀂃 Cumbersome Processes 􀂃 Outdated Technology 􀂃 Data Limitations 􀂃 Challenges with implementation and change management 4 2016 CAS Ratemaking and Product Management Seminar Copyright © 2015 Deloitte Development LLC. All rights reserved. Agility in Product Management Improve speed to market through better discipline in the design, deployment, and monitoring of products Understand market and customers Manage product performance Integrate products with core functions Complete regulatory requirements Develop coverages and forms Develop pricing and business rules Define appetite and product features Product Management Lifecycle ~~ ~~Critical~~ ~~Success~~ ~~Factors~~ ~~ 􀂃 Clearly articulated, broadly understood product strategy 􀂃 Culture of collaboration across functions 􀂃 Understanding of roles and accountability for all involved in the process 􀂃 Processes and technology that effectively support operational excellence 􀂃 Effective product monitoring processes A modular product architecture provides a foundation for better agility in product management 5 2016 CAS Ratemaking and Product Management Seminar Copyright © 2015 Deloitte Development LLC. All rights reserved. What is Product Architecture? What is a Product? Central to the construction of the product architecture is alignment on the definition of a product | | | | | | | --- | --- | --- | --- | --- | | | | | | | | | |
Insurance Produc
| t | | | | | | | | | | | | | | • Coverage Offerings • Value Added Services • Underwriting Guidelines • Forms & Endorsements • Rate Plans • Business Rules • Data • Marketing Materials • Broker Communications 􀂃 From the customer point of view, a product is a bundle of insurance coverage and related services, such as claims handling and risk management 􀂃 From an operational point of view, underwriting guidelines, forms, rate plans, rules, and data are used to define, underwrite, price, and manage the product 􀂃 Marketing materials and broker c

FAQs

What does the document mean by “product architecture” in product management?

It describes an organized framework for defining products by structuring product elements to support reusability and efficient updates for new market offerings.

How does agility connect to product management in the seminar?

Agility is framed as improving speed to market through better discipline in designing, deploying, and monitoring products, while integrating market understanding and core functions.

What are the key points of the antitrust notice for seminar participants?

Participants must ensure discussions do not restrict competition or impair independent business judgment, and they are responsible for preventing any written or verbal conduct that appears to violate antitrust laws and adhering to CAS antitrust compliance policy.

Sep 12, 2026

Upload by Jasmine