Enterprise Risk Management Technology Guide 2023/24

Addactis - Solvency II solution

Type of System

  • Analytics
  • Asset/liability management
  • Capital modelling
  • Catastrophe modelling
  • Climate risk management
  • Data management
  • Economic / risk scenario generator
  • Internal/external reporting
  • Reserving solution
  • Solvency II solution
  • Stress testing
  • Economic capital aggregation

Type of platform

  • Desktop-based
  • Grid
  • Server-based
  • Web-based

Other features - does your offering facilitate

  • NAIC Principle-based reserving
  • NAIC RMORSA
  • Solvency II internal model
  • Solvency II standard formula

What are the typical implementation costs?

From just 8k€ to 500k€ depending on the size and degree of specificities. Designed as an end-to-end modular solution, to cover both standard and internal models.

The standard model allows the use of the solution as a plug-and-play software without any implementation costs. Every functionality is customised thanks to the friendly code-base development environment. 

A modular model allows full customisation of the formulas and the scope covered including data automation, cash-flows generation for life, health, workers' comp and P&C liabilities, ESG, QRT generation, projections and stress test for ORSA purposes.

How long does your software take to implement on site?

From 2 weeks to 15 months, depending on the degree of complexity.

Please name companies that use the system/solution

+70 companies use the addactis SII and Capital based solutions. For a precise reference, please contact our sales team.

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addactis® Solvency II solution enables standard formula and internal models including ORSA and QRT creation. #Risktech #Insurance

Contacts

[email protected]