Financial Systems Thinking Innovation Centre (FinSTIC) is a community of actuaries and non-actuaries dedicated to bringing the benefits of a systems thinking lens to financial services.
FinSTIC helps its community to:
- discuss, debate and collaborate on the application of systems thinking to members work
- connect and work with other partner organisations to further understanding of this important field
- discover more information and resources on the subject of systems thinking.
The goals of FinSTIC can be summarised as:
To identify partner organisations with whom members of FinSTIC can collaborate and engage with to further our understanding and practice of systems thinking.
To identify, support and collaborate on, projects to address common shared defects within and of the financial sector.
To provide a community that enables participation, collaboration, discussion and debate between systems thinking practitioners, and with those interested in the field.
To enable members of the community to participate in the future evolution of FinSTIC, suggesting projects and collaborating on key activities.
To provide a place for interested members and non-members of the IFoA to find out more about systems thinking
To enable practitioners to find out and learn from practical applications of systems thinking within financial services.
Management of FinSTIC
A management committee oversees the objectives of FinSTIC. Members of the FinSTIC Management committee are:
- Ashok Gupta (Chair)
- Oliver Bettis
- Samuel Achord
- Nico Aspinall
- Michael Bruce Beck
- Neil Cantle
- Nick Silver
- Louise Pryor
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This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.
In this webinar, we will discuss how cause-of-death data from the Office for National Statistics can help us to understand how inequalities arise at the all-cause level. The key to understanding mortality inequality is to think about the chain that connects risk factors, relative risks, and cause-of-death mortality through to all-cause mortality.
The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.
The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.
Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.
Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.