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What is RiskAgility FM?

RiskAgility Financial Modeller (FM) is an innovative and flexible actuarial software solution specifically designed for life and health insurance companies, as well as pension organizations, that enables the creation of accurate financial models reflecting their products and organizational frameworks. The tool is constructed to seamlessly integrate with various business workflows and adhere to regulatory reporting requirements. Utilizing state-of-the-art algorithms and contemporary software technologies, RiskAgility FM enhances user experience and operational effectiveness, allowing firms to perform sophisticated analytical calculations based on realistic economic scenarios, thereby improving their risk and capital management processes. Its open modeling environment guarantees accurate computations and efficient reconciliations, even when there are changes in product offerings, business practices, or regulatory demands. Key features include its rapid adaptability to shifting business needs, exceptional performance and scalability for quick results, comprehensive integration capabilities with other systems to optimize reporting, and robust support for governance and automation, making it an excellent option for organizations facing a complex financial environment. Furthermore, the software's intuitive interface promotes ease of use for actuarial teams, allowing them to fully exploit its capabilities without requiring extensive training, thus fostering a more agile and responsive work culture. This adaptability not only streamlines operations but also empowers teams to make informed decisions based on real-time data analysis.

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

WTW

Company Location

United Kingdom

Company Website

www.wtwco.com/en-id/solutions/products/riskagility-financial-modeller

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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