ReAcT is an advanced Property & Casualty reserving solution that seamlessly integrates state-of-the-art modeling and advanced actuarial methods. By combining powerful tools and techniques into one efficient platform, ReAcT empowers you to accurately evaluate your risk exposure and elevate your analysis to new heights. With ReAcT, you can save valuable time while ensuring the reliability of your calculations and elevated governance standards. Experience the next level of reserving analysis with ReAcT.
ReAcT
What is ReAcT?
Key Features
All in one solution
Project Management
Advanced modeling
Security & Governance
End to end platform
Reliable Calculations
Data analysis, deterministic reserving and stochastic modeling combined in one efficient solution for more targeted analysis and informed decision-making.
Our commitment extends beyond implementation. We offer project management services to ensure the successful integration of our actuarial solution into our clients' systems and processes.
ReAcT encompasses all the aspects you need for triangles building, data vizualisation, and both deterministic and stochastic actuarial calculations, and tailored reporting. Users can work within projects, documenting their analysis for efficient communication and collaboration. Users can create independent working spaces or views to efficiently test different configurations and scenarios.
ReAcT secures access to the solution with an authentication system. This can also be handled through Active Directory, leaving the role of managing users access and rights to your IT teams. ReAcT also tracks user activity, enhancing compliance with internal audit requirements. User rights definition empowers authorized members to sign-off on projects.
All methods and analysis are fully automated. Calculations are immediately reflected, no formulas or update links to handle. You can trust in the accuracy and consistency of your results.
ReAcT offers state-of-the-art deterministic and stochastic models, enabling precise calculations and enhanced risk management. Additionally, ReAcT provides a range of analysis functionalities to support users making informed decisions.
Demonstration
Deterministic reserving
Stochastic modeling
Regulatory And Accounting Standards
Range of actuarial methods to evaluate reserves
Comprehensive tables and graphics for enhanced analysis and insights
Useful tools like heat maps, tail factor fitting, automatic outlier detection and sensitivity assessment to upgrade your analysis
Incorporate a priori information or user judgement into your evaluations
Build your own model as a weighted average of available models
Variety of stochastic models, actuarial methods and customizable options
Run simulations to generate distributions for various outcomes, including future unpaid, (un)discounted cash flows, runoff, loss ratios, and more
Statistics and percentiles for each outcome are available
Fine-tune model options and adjust data to enhance the accuracy of simulations
Simulation explorer facilitates in-depth exploration of simulations for each model
Calculate discounted cash flows to determine the best estimate of reserves, aligning with Solvency II and IFRS 17 standards
Evaluate Solvency Capital Requirement (SCR) either with closed formulas or simulation models
Calculate IFRS 17 Risk Adjustment using quantile approach and explore your results in a dedicated module
The reserving solution you need
ReAcT's Main Benefits
Time & Resources Savings
Secure Calculations
Insightful Decisions
Strengthened Governance
Enhanced Experience
Automated analysis and tools for efficient processing and more time for real actuarial analysis
Focus on valuable analytical insights rather than repetitive tasks
Advanced analysis tools and actuarial methods to uncover new opportunities
All in one solution for more targeted analysis
More informed decision-taking, especially in challenging context of high inflation
Authentication system and user rights definition ensure secure access and appropriate user permissions
Exhaustive user's actions audit trail provides transparency and accountability
User-friendly and intuitive interface for effortless navigation
Easier control over figures
Solution structured according to best practices
Easier communication between users
Error risk reduced by eliminating manual formulas and volatile links
Calculations flow immediately across all the platform, ensuring consistency and accuracy
100% coded internally, allowing for total control and efficient adjustment to your needs