YOUR RESERVING NEEDS
A user-friendly, fast and complete solution.
#Calculation #Provisions #Export #InternalFile #Data
A user-friendly, fast and complete solution.
#Calculation #Provisions #Export #InternalFile #Data
A software that challenges deterministic
and stochastic methods.
#DeterministicMethod #StochasticMethod #Analysis #Reserves
A software that challenges deterministic and stochastic methods.
#DeterministicMethod #StochasticMethod #Analysis
#Reserves
To enforce BE approach in IBNRs calculations.
Set a goal to comply with IFRS 17.
#Models #ProvisionsCalculation
To enforce BE approach in IBNRs calculations. Set a goal to comply with IFRS 17.
#Models #ProvisionsCalculation
WHAT MAKES addactis® IBNRS® UNIQUE FOR YOU
Each functionality of addactis® IBNRS® is dedicated to support your teams to get the right reserves with up-to-date reporting.
WHAT MAKES addactis® IBNRS® UNIQUE FOR YOU
Each functionality of addactis® IBNRS® is dedicated to support your teams to get the right reserves with up-to-date reporting.
AUTOMATIZATION
OF RESERVING PROCESS
AUDIT TRAIL
VAST RANGE OF
STOCHASTIC & DETERMINISTIC METHODS
SII & IFRS 17 MODULES
HAPPY USERS OF addactis® SOFTWARE IN INSURANCE OR REINSURANCE
HAPPY USERS OF addactis® SOFTWARE IN INSURANCE OR REINSURANCE
WE MADE IT FOR YOU
WE MADE IT FOR YOU
P&C – EUROPE
“With the software previously used, the customer could not guarantee the integration of all the reserves to be taken into account in the technical provisions calculation in the Solvency 2 context. addactis® IBNRS® allowed him to validate the scope of reserves studied in its projects while facilitating the audit process.“
Sandrine Sidobre, Actuary IA non-life Expert.
P&C – Asia
“The client was using, in order to perform his provisioning studies, large Excel files, which were not designed in an evolutionary way (i.e. files which were not adapted to data triangle formats increasing each year). In fact, the update time of these files was time-consuming and its handling by the newcomers was not easy. The outcome was: few controls that were hard to perform. In this regard, addactis® IBNRS® has allowed, on the one hand, to automate the calculation process and on the other hand, to promote a better control of the results. Besides, the time originally devoted to the import of inputs, has been used to accomplish sensitivity works and analyses of results, carried out, thanks to several graphics and tests implemented in addactis® IBNRS®“
Quentin Favre, Actuary Associate FIA
P&C – AMERICA LATINA
“During the implementation of its reserving studies, the client wanted to find a software would allow him, on the one hand, to conduct analyzes on its specific parameters and, on the other hand, to carry out statistical tests. He was particularly interested in studying trends changes. These criteria were fulfilled by the addactis® IBNRS® solution thanks to many graphs and tests implemented in the software.”
Judith Ruiz, Regional Head of Technical LATAM
P&C - Europe«With the software previously used, the customer could not guarantee the integration of all the reserves to be taken into account in the technical provisions calculation in the Solvency 2 context. addactis® IBNRS® allowed him to validate the scope of reserves studied in its projects while facilitating the audit process.» Sandrine Sidobre, Actuary IA non-life Expert.
P&C - Asia«The client was using, in order to perform his provisioning studies, large Excel files, which were not designed in an evolutionary way (i.e. files which were not adapted to data triangle formats increasing each year). In fact, the update time of these files was time-consuming and its handling by the newcomers was not easy. The outcome was: few controls that were hard to perform. In this regard, addactis® IBNRS® has allowed, on the one hand, to automate the calculation process and on the other hand, to promote a better control of the results. Besides, the time originally devoted to the import of inputs, has been used to accomplish sensitivity works and analyses of results, carried out, thanks to several graphics and tests implemented in addactis® IBNRS®» Quentin Favre, Actuary Associate FIA.
P&C - America Latina«During the implementation of its reserving studies, the client wanted to find a software would allow him, on the one hand, to conduct analyzes on its specific parameters and, on the other hand, to carry out statistical tests. He was particularly interested in studying trends changes. These criteria were fulfilled by the addactis® IBNRS® solution thanks to many graphs and tests implemented in the software.» Judith Ruiz, Regional Head of Technical LATAM