Insureware

Insureware specialises in long-tail liability risk management. We combine advanced statistical research with practical software to help insurers understand, quantify, and manage long-tail liability risks across the whole enterprise. Enterprise-wide risk management Insureware develops and supports the only comprehensive, enterprise-wide long-tail liability risk management platform, ICRFS™. ICRFS™ is- Small-footprint and fast - Intuitive, visual, and interactive - Rapid to implement and easy to use At its core is our Multiple Probabilistic Trend Family (MPTF) modelling framework, which identifies a single, data-driven composite model across multiple lines of business and segments. Rather than managing disparate models and competing views, ICRFS™ provides a unified, consistent view of risk across the organisation. A single point of reference for decision makers ICRFS™ provides a consistent framework for measuring- Social inflation - Process variability - Volatility correlations and common drivers between lines/segments - Emerging and systemic risks Senior leaders can interactively explore risk metrics, run what-if scenarios, and perform sensitivity analysis in real time – aligning actuarial, risk, and executive teams. Proven experience in high-stakes environments Insureware has advised clients on- Mergers and acquisitions - Reinsurance transactions - Risk capital and Solvency II calculations across multiple lines of business This includes supporting a large US insurer secure regulatory approval to establish a reinsurance company, and successfully challenging- Fitch on risk capital adequacy - Moody’s on reserve adequacy Research-led by design More than 75% of Insureware’s revenue is reinvested in R&D. Our modelling frameworks are developed by a team of world class statisticians, mathematicians, and software engineers who have published widely in preeminent journals. Many ideas originated within Insureware before shaping industry best practice.