The actuarial modelling solution of the year award went to WTW and its RiskAgility Financial Modeler, for which the judges singled out the company's support for the full life cycle and the product's inbuilt AI-Assistant, the latter of which increased productivity by 30%. The product's built-in interfaces and its connection with Unify, WTW's orchestration and automation platform, also set it apart with its governance extending to workflow management, automating model execution, approval and reporting cycles.

Other comments from the judges pointed to the work being done to address the operational burdens of complex regulations like VM-22 through defined tools such as Unify for governance and vTest for automated regression testing. The judges said that WTW's work provided the strongest credible evidence through three distinct case studies with hard metrics.

It was also noted that RiskAgility Financial Modeler is being used by more than 250 clients in 40 countries.

Amongst WTW's milestones for the year were the scaling of compute capacity from 1,000 to 16,000 cores and achieving $1m in annual savings. By focusing strictly on workflow automation, testing disciplines, and quantifiable AI-efficiency gains, the judges said that WTW clearly demonstrated without resorting to hyperbole how it facilitated the actuarial business cycle.