Insurance&Tech_TLB_12.12.19

Insureware Pty Ltd

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40-44 St Kilda Road, Suite 6 & 7
St Kilda, Victoria 3161
Australia

About Insureware Pty Ltd

  • Insureware is not your typical long-tail liability risk management firm.

    We create and support the only comprehensive, enterprise wide, long-tail liability risk management software in the world. Our flagship software, ICRFS™, is small-footprint, intuitive and graphic, very fast, rapidly implemented and hassle-free.

    Additional consulting services include advice on loss reserving, pricing, risk based capital, optimal capital allocation, diversification and reinsurance. Dr Ben Zehnwirth also advises on mergers and acquisitions.

    More than 75% of the Insureware's expenditure is on R&D.

    Our methodologies are developed by our team of world-class statisticians who have published widely in preeminent statistical journals. We originated many of the ideas that the industry now aspires to.

    The wealth of risk metrics for multiple LOBs allows companies to:

    -Understand the drivers of past experience and foresee their effects on future metrics,
    -Grasp the complete perspective of multiple liability streams,
    -Calculate correlations, risk diversification and Solvency II risk metrics, and
    -Gain strategic advantages over competitors.
Competitors of Insureware Pty Ltd
  • OneShield provides solutions for insurers of all sizes. Deployed in the cloud, our portfolio of standalone, subscription, and As-a-Service products include enterprise-class policy management, billing, claims, rating, product configuration, business intelligence, and smart analytics. OneShield... Read More
  • DRC is an experienced and trusted technology leader specializing in software development solutions for the P&C insurance industry. DRC successfully and consistently implements solutions for insurers, MGAs and brokers writing personal, commercial, and specialty lines of business. From small... Read More

Products by Insureware Pty Ltd

  • ICRFS™

    It's time for a scientific approach Insureware's flagship statistical software is for those actuarial departments that need to: -know where the company's long-tail liabilities are heading; -deliver accurate and timely metrics for senior management; and -qualify and mitigate model risk. Data,... Read more
  • ELRF™ Enterprise: Actuarial Reserving Software

    The Extended Link Ratio Family (ELRF) modeling framework formulates average link ratio methods as regression estimators and extends them. This includes Mack (volume weighted averages), other weighted averages and extensions: -Murphy (an intercept) -A constant trend in the incrementals for each... Read more
  • ELRF™ Professional

    ELRF™ Professional is for actuaries requiring deterministic or stochastic link ratio techniques coupled with the power of a relational database. The following link ratio modeling frameworks are included (over 144 methods): -Extended Link Ratio Family (ELRF); -Link Ratio Techniques... Read more