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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 Insight Enterprise?

As the need for regulatory compliance and analytical capabilities in PBR, IFSR, and predictive analytics grows, actuaries are increasingly responsible for managing vast quantities of both current and historical data. The Insight Enterprise data warehouse functions as a cohesive and integrated hub for storing corporate policy, claims, and agent data. This versatile database allows users to generate customized data extracts for any designated timeframe, facilitating their use in external processes; many results can subsequently be reintegrated into the system for easy analysis using a business intelligence interface that works in conjunction with administrative system data. While the Insight Enterprise undergoes extensive testing during its development and quality assurance stages across a variety of data sets, it's crucial to recognize that, given the wide array of data sets present in different insurance organizations, lines of business, and administrative systems, achieving a fully error-free complex system is unattainable. A robust support system is in place for the Insight Enterprise to resolve any software-related challenges, with prompt patches created and disseminated to all clients experiencing processing or calculation issues. This proactive methodology not only enhances user confidence in the system’s reliability but also ensures it meets the evolving analytical demands of the industry. Ultimately, the continuous improvement and responsiveness of the Insight Enterprise contribute to its reputation as a dependable resource for actuaries navigating the complexities of data management.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

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
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

Insight Decision Solutions

Date Founded

2000

Company Location

Canada

Company Website

www.insightdecision.com

Categories and Features

Health Insurance

Not specified

Life Insurance

Not specified

Categories and Features

Business Intelligence

Ad Hoc Reports
Budgeting & Forecasting
Dashboard
Data Analysis
Key Performance Indicators
Performance Metrics
Predictive Analytics
Profitability Analysis
Strategic Planning
Trend / Problem Indicators
Visual Analytics

Life Insurance

Not specified

P&C Insurance

Not specified

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