The purpose of the Survey workstream is to find out where the market is on progressing the use of machine learning in reserving.

We have spoken to companies in the UK and Canada to find out whether our presumption was correct that machine learning is not being used ‘on the ground’ in reserving. We found that there is a great deal of interest in the subject and that a number of companies are investing in the research.

We have plans to undertake additional surveys in other countries.