Phoenix breathes new life into its actuarial systems

Published in: Risk Models, Corporate strategy, Capital Models, Regulation, Solvency II, UK, US - Canada - Bermuda, Software - IT

Companies: Phoenix, Milliman, SunGard, Towers Watson, IBM, Microsoft, NAIC

The UK closed-fund consolidator has replaced its myriad modelling systems with just one, in a huge three-year project that is said to have been on time and on budget. For Phoenix, the project was not only operationally necessary; it was a strategic imperative. InsuranceERM explains

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