Verified
Insureware Pty Ltd
About Insureware Pty Ltd
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
Decision Research Corporation
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
Conning
Conning is a leading global investment management firm with a long history of serving the insurance industry. Conning supports institutional investors, including pension plans, with investment solutions and asset management offerings, award-winning risk modeling software, and industry research.... Read More
Insight Decision Solutions Inc.
IDS provides a comprehensive suite of BI systems for insurance providing actuarial, financial and operational analytics, complete with data management and integrated applications. The wide range of embedded applications includes profitability, experience studies, IBNR, marketing, reinsurance,... Read More
Products by Insureware Pty Ltd
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 »
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 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 »
