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Average Ratings 0 Ratings
Description
Insurance companies are inundated with vast amounts of data, prompting the essential inquiry: how can they extract meaningful insights from it? Milliman stands at the forefront of creating and implementing analytical solutions designed to enhance decision-making, assess and manage risk, boost predictive accuracy, and streamline intricate tasks. By utilizing advanced cloud technology and cutting-edge statistical methodologies, we enable you to uncover significant hidden insights within your data. We also offer regulatory support for both property and casualty (P&C) as well as life insurance sectors. Our services encompass assistance with the actuarial components of financial examinations, rate filings, and model evaluations relating to catastrophic risk. For both P&C and life insurance, we provide comprehensive model reviews that validate both internal and external catastrophe models, aiming to mitigate risk exposure and facilitate improved decision-making processes. With our advanced modeling capabilities and extensive global expertise, we aid you in producing precise and actionable financial forecasts and reports. Additionally, we assist in analyzing the potential impacts of upcoming regulatory changes on reserves and capital, ensuring that you maintain ongoing compliance in a continually evolving landscape. Ultimately, our collaborative approach empowers clients to navigate their unique challenges with confidence.
Description
RiskAgility Financial Modeller (FM) serves as a dynamic and adaptable actuarial software tool tailored for life and health insurance providers as well as pension firms, facilitating the execution of precise financial models that accurately represent their offerings and organizational structures. Its design prioritizes seamless adaptation to both business workflows and compliance with regulatory reporting standards. Leveraging cutting-edge algorithms and modern software technology, RiskAgility FM significantly boosts user experience and operational efficiency, empowering companies to implement advanced analytical computations grounded in realistic economic frameworks, which in turn enhances their risk and capital management capabilities. The software is characterized by an open modeling environment that ensures precise calculations and effective reconciliations, even amidst shifts in product designs, corporate practices, and regulatory stipulations. Notable attributes include its ability to swiftly adjust to evolving business requirements, high performance and scalability for prompt outcomes, comprehensive integration with other systems to streamline reporting processes, and strong support for governance and automation, making it a versatile choice for organizations navigating a complex financial landscape. Additionally, its user-friendly interface further promotes accessibility for actuarial teams, enabling them to leverage its full potential without extensive training.
API Access
Has API
API Access
Has API
Integrations
Equisoft/manage
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Milliman
Country
United States
Website
www.milliman.com/en/insurance/analytics
Vendor Details
Company Name
WTW
Country
United Kingdom
Website
www.wtwco.com/en-id/solutions/products/riskagility-financial-modeller