Overview
ReAcT is an advanced Property & Casualty reserving solution that seamlessly integrates state-of-the-art modeling and advanced actuarial methods. By combining powerful tools and techniques into one efficient platform, ReAcT empowers you to accurately evaluate your risk exposure and elevate your analysis to new heights. With ReAcT, you can save valuable time while ensuring the reliability of your calculations and elevated governance standards. Experience the next level of reserving analysis with ReAcT.
Key Features
- All in one solution:
- Combines data analysis, deterministic reserving, and stochastic modeling for targeted analysis and informed decision-making.
- End to end solution:
- ReAcT encompasses all aspects needed for triangle building, segment structuring, data visualization, deterministic and stochastic actuarial calculations (including regulatory and accounting needs), and tailored reporting. ReAcT also enables users to work on projects and document their analysis for efficient communication.
- Reliable calculations:
- Fully automated methods and analysis ensure immediate reflection of calculations, eliminating the need for manual formulas or link updates.
- Advanced modelling:
- Provides both deterministic and stochastic models for precise calculations and better risk management. It offers a variety of analysis functionalities to support users throughout their workflow.
- Security & Governance:
- ReAcT secures access with an authentication system, manageable through Active Directory, allowing IT teams to control user access and rights. It maintains a log of user activity to enhance compliance with internal audit requirements. Authorized members are allowed to sign off on projects.
- Project management:
- Beyond implementation, we offer full project management services to ensure the successful integration of our actuarial solution into clients' systems and processes.
All in one solution
Key Benefits
- Time and resources savings:
- Increased process efficiency
- Intuitive solution
- More time for real actuarial analysis
- Compliance to Solvency II / IFRS17 standards
- Automated custom reporting
- Secure calculations:
- Calculations reliability
- Consistency through all system
- Solution 100% coded internally, allowing for total control and efficient adjustment to clients needs
- Insightful decisions:
- Precise calculations and enhanced risk management
- Increased comfort in decision-making, especially in an uncertain context of high inflation
- Efficient scenario testing
- Strengthened governance:
- Secure access and appropriate user permissions to the solution's users
- Transparency and accountability through exhaustive audit trail
- Enhanced experience:
- User-friendly interface, compliant with best practices
- Standardized platform and uniform deliverables
- Facilitated collaboration and communication between team members
Product/Service details
SOLUTION OR SERVICE TYPE