reinsurance analysis
Ranked comparison
- 11/1573%
Modern P&C loss-reserving and claim-liability analytics platform originally built by Milliman. The Arius family (Arius Deterministic, Arius Stochastic, Triangles on Demand, Arius Enterprise) bundles 40+ deterministic reserving methods, 10+ stochastic/bootstrap models, and an Azure-hosted reserving workflow (centralized database, roll-forwards, audit trails, Power BI reporting) for insurer and reinsurer actuarial departments. Acquired by Akur8 from Milliman in September 2024 and now marketed as Akur8 Reserving; Milliman retains an equity stake in Akur8 and a consulting relationship.
- traction
- n/a
- maturity
- 4/5
- coverage
- 5/5
- recognition
- 2/5
- 13/2065%
The incumbent catastrophe-risk-modelling platform for insurers and reinsurers. 400+ models spanning natural and man-made perils across nearly 100 countries; 250+ insurance and financial-services firms on the Intelligent Risk Platform. Acquired by Moody's for $2B in 2021.
- traction
- 2/5
- maturity
- 5/5
- coverage
- 4/5
- recognition
- 2/5
- 8/1553%
Milliman's modern cloud-native actuarial and capital-modelling platform for life and long-term-care insurers. Integrate is built around the MG-ALFA calculation engine (re-hosted as 'Integrate Base') and adds end-to-end data management, governance, business-intelligence reporting, and an integrated Milliman ESG economic-scenario generator on top — delivered as a turnkey SaaS on Microsoft Azure. Scope covers deterministic and stochastic cash-flow projection, asset-liability management (ALM), strategic asset allocation, economic capital and Solvency II / ORSA calculations, US statutory and GAAP LDTI reporting, and (since 2024–2025) Microsoft Fabric-based self-service analytics. Distinct from the former Milliman Arius P&C reserving product, which Akur8 acquired from Milliman in September 2024.
- traction
- n/a
- maturity
- 5/5
- coverage
- 1/5
- recognition
- 2/5
- 10/2050%
Enterprise actuarial modelling platform for life, pensions and annuity business, now marketed by FIS as the 'Insurance Risk Suite — Prophet'. The suite covers cash-flow projection, asset-liability management, stochastic and deterministic scenario generation, experience analysis, assumption setting, and regulatory reporting (Solvency II, IFRS 17, US GAAP LDTI). Originally built by B&W Deloitte and launched in 1987, Prophet was acquired by SunGard from Deloitte in 2005 and then became part of FIS when FIS closed its $9.1B acquisition of SunGard on 30 November 2015. FIS reports 10,000+ users across ~850 sites in 65+ countries, making Prophet the incumbent actuarial modelling standard for large life carriers alongside Moody's AXIS and Milliman MG-ALFA.
- traction
- 2/5
- maturity
- 5/5
- coverage
- 1/5
- recognition
- 2/5
- #5 · modern · actuarial
Moody's AXIS
www.moodys.com/web/en/us/solutions/capital-management/actuarial-modeling.html ↗10/2050%Modern life insurance actuarial modelling platform. Single-engine system used by life insurers, reinsurers and consulting firms for pricing, valuation, reserving, asset-liability management, capital calculations, financial projection and hedging, with out-of-the-box support for IFRS 17, LDTI and multi-jurisdiction regulatory frameworks. Originated at GGY (Toronto, 1989) and acquired by Moody's Analytics in March 2016; now delivered both as installed software and via a cloud/HPC platform (GridLink-as-a-Service on Microsoft Azure).
- traction
- 2/5
- maturity
- 5/5
- coverage
- 1/5
- recognition
- 2/5
- 7/1547%
End-to-end actuarial pricing, modeling, and underwriting workbench. Includes Emblem (predictive modeling), Radar Base (scenario analysis), Radar Live (real-time rate deployment), and Radar Workbench (commercial underwriting portal). Used in P&C (auto, home, commercial) by major carriers. Launched as modern successor to legacy actuarial workflows; Radar 5 (2025) adds generative AI.
- traction
- 1/5
- maturity
- n/a
- coverage
- 4/5
- recognition
- 2/5