Aon - Capital Modelling Suite
Type of system
- Analytics
- Asset/liability management
- Capital modelling
- End-to-end ERM
- Internal/external reporting
- Portfolio analysis/hedging
- Solvency II solution
- Stress and scenario testing
- Optimisation
Type of platform
- Cloud
- Desktop-based
- GPU
- Grid
- Server-based
Other features
- Curve-fitting
- Least-squares Monte Carlo
- Solvency II internal model
- Solvency II standard formula
Has the product an open API? Yes / No?
All of the technologies within our capital modelling solution suite have APIs (including a REST API) in order to allow them to be integrated with other systems and tools.
What are the typical implementation costs for your product?
Implementation costs are in the range of £0-£250k. Our capital modelling solution suite encompasses tools that suit all user types, from those who wish to fully self-build in a no-code environment, through to those who want an out of the box solution with bespoke features, and implementation projects can also be tailored to the client’s preferred level of model build involvement.
How long does your product take to implement on site?
This varies according to the complexity and scope of the client model. Many clients will take an agile approach to implementation and increase the scope of their modelling gradually over time once early projects have been successfully completed.
Please name companies that use the system/product
Across the full range of tools within the capital modelling solution suite, we have over 200 clients including: Apollo, Aspen, Asta, Aviva, AXA Group, Ascot, Axis, Beazley, Canopius, Cincinnati, Convex, Coverys, Esure, Fidelis, Flood Re, GARD, Hiscox, IF P&C, IGI, Lancashire, NHBC, QIC, Ren Re, Samsung, Scor, Starr, Thomas Miller, Tokio Marine Group, Topdanmark, Uniqa, Zurich and others who have not yet given permission to name.
Product summary: Please summarise your product’s key points for re/insurers in no more than 100 words.
As the world’s largest provider of capital modeling solutions, our actuaries use our products every day, so we understand your evolving needs and are always ready to respond.
- Support for various use cases, including economic and regulatory capital modeling, reinsurance and capital optimization, stochastic reinsurance pricing, and more.
- From out-of-the-box/template solutions that require no detailed coding, to custom build products that allow full flexibility of approach.
- Visual modeling capabilities enabling users to create custom models and workflows using pre-built components with bespoke code snippets.
Website
www.aon.com/en/capabilities/strategy-and-technology-group/capital-modeling-technology-for-insurers