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What is Moody's Analytics AXIS?

The AXIS actuarial system developed by Moody’s Analytics is recognized as a robust modeling solution that serves insurers, reinsurers, and consultants in their actuarial evaluations tied to life insurance and annuity functions. Emphasizing both high performance and ease of implementation, the system combines flexibility, resilience, scalability, and economical pricing. Users can tap into powerful computing capabilities through an advanced cloud-based platform or through conventional software installations. As a multifaceted actuarial tool supported by vendors, AXIS supports a wide range of activities, including reserving, asset and liability management (ALM), pricing methodologies, financial modeling, capital calculations, hedging strategies, and the formulation of financial structures. Additionally, it enables users to forecast future monthly cash flows based on initial liabilities and invested assets for durations extending to a hundred years. The system also facilitates the evaluation of diverse business segments by employing both deterministic and stochastic approaches to analyze profitability and variations in surplus, as well as to evaluate the effects of reinsurance contracts and changes in premiums or other plan values, thereby ensuring a comprehensive strategy for effective financial planning and management. Ultimately, AXIS stands as an indispensable tool for those looking to enhance their actuarial processes and decision-making capabilities.

What is Addactis?

Addactis offers an all-encompassing SaaS platform specifically designed for managing actuarial risks, adeptly meeting both the requirements for regulatory compliance and the financial considerations critical to profitability in both life and non-life insurance markets. This secure and scalable cloud solution prioritizes four key areas: smooth integration, effective workflows, enhanced analytics, and AI-driven capabilities. It includes a variety of integrated applications, such as IFRS 17 for accurate contract oversight and profitability assessments; reserving tools that adopt industry best practices to optimize reserving processes; capital modeling features that guarantee compliance with Solvency II and other regulatory frameworks like RBC and SST; and pricing solutions that enable a thorough process from technical premium assessment to rating, all aimed at promoting data-driven precision and bolstering profitability initiatives. With over thirty years of experience in consulting as well as research and development in the insurance realm, the platform utilizes advanced methodologies, practices, and actuarial expertise to yield outstanding results. In doing so, Addactis not only establishes itself as a frontrunner in actuarial software but also equips insurers with the tools needed to deftly handle complexities and uncertainties in their operations. This commitment to innovation solidifies Addactis's reputation as a trusted partner for insurance professionals seeking to enhance their decision-making processes.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Moody's Analytics

Company Location

United States

Company Website

www.moodysanalytics.com/product-list/axis

Company Facts

Organization Name

Addactis

Date Founded

1993

Company Location

Belgium

Company Website

www.addactis.com/solutions/

Categories and Features

Categories and Features

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