Actuarial

ProfitCube^® empowers the actuary with the access to the detail (actuarially defined) time dimensions, and a large library of calculated measures to improve Pricing and Reserving.

Benefits

• Improve your combined loss ratios
• Leverage a large pre-packaged library of actuarial measures, dimensions, and reports
• Improve the precision of Pricing and Reserving
• Get more accurate ultimate loss projection and expense forecasts
• Define new, complex, competitive, and profitable products and programs
• Provide more timely and accurate forecasts
• Create comprehensive account or division level reviews
• More closely monitor exposure concentration
• Respond instantly to complex ad hoc reporting requests
• Find the root cause of change in any summary numbers
• More effectively use reinsurance
• Understand and quantify the impact of data issues

Features/Highlights

• Access to the detail behind the summary
• Over 10 different time dimensions optimized for actuarial analysis
• Advanced triangulation methods and functions
• Raw and ultimate loss, medical, expense, administrative and combined ratios
• Quantify the impact of underwriter selections
• Generate cumulative and non-cumulative incurred loss development factors
• A large pre-packaged library of measures, dimensions, and reports for pricing and reserving
• Detailed Profit and Loss analysis