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 (LRT);
-Payment Per Claim Incurred (PPCI);
-Projected Case Estimates (PCE);
-Fisher-Lange (FL); and
-Bornhuetter-Ferguson and Expected Loss Ratio methods
Fully featured relational databases form a repository for all your data and models.
A COM API is available to import/export data.
ELRF™ Pro 2020 is for actuaries requiring deterministic or stochastic link ratio techniques coupled with the power of a relational database whether local or on a server (SQL or Oracle). The ELRF modeling framework formulates average link ratio methods as regression estimators and extends them. This includes Mack (volume weighted averages), and other weighted averages and extensions.
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