provides to Insurance Companies a set of tools to analyze and make simulation in order to improve their Competitiveness and Underwriting Profit. That includes Actuarial tools.
The Tricast systems are tools allowing to find the best to increase the Underwriting Profit.
Tools contributing to increase the Underwriting Profit
- Monitoring, Business simulations, Stress scenarios,...
- Generate Reports and key numbers
- Customers segmentation, Cross-selling, Up-selling, Reduce lapse rate
- Actuarial tools for Rate making and Reserving
- Simulation tools for analyzing the consequences of decisions
Provide the same data to all people, at low workloadProfessionals should not loose time in updating information
Provide powerful mathematical techniques (not only for the Actuarial side) easy to learn and use with a friendly interfaceThis speedy training facilitates teams' mobility.
Provide actuarial tools to experienced actuaries- with short training, making easy to move or replace people
- with automatic updating
Provide tools being realistic for the Country or the CompanyTricast offers additional, more appropriate alternative techniques whenever :
- companies do not have qualified people for the Tricastís GenMod-based methods,
- the portfolios are not large enough for GenMod,
- Marketing or Planning teams are not experienced in advanced statistics
Provide simulation tools : for example for modifying a Rating, increasing independence from IT
All angles - Channel, Branches or Agents, Lines of Business, Products
- Cover, policy, client, group contract or fleet, groups of groups
- Gross or net of Reinsurance, gross or net of commissions ...
Easy to plug