Enterprise Risk Management Technology Guide 2023/24

Milliman - STAR Solutions NAVI

Type of System

  • Capital modelling
  • Economic / risk scenario generator
  • Economic capital aggregation
  • Risk management

Type of platform

Desktop-based

Other features - does your offering facilitate

  • Curve-fitting
  • Least-squares Monte Carlo
  • Replicating portfolios
  • Solvency II internal model

How long does your software take to implement on site?

Quick implementation and integration into existing processes due to a generic data interface

Most recent significant update:

August 2014: Release 2.0 extends NAVI for the recalibration and refinement of existing valuation scenarios and the automated generation of LSMC / replicating portfolio calibration scenario.

How does your solution integrate with third-party systems or in-house systems?

NAVI is compatible with both third-party and in-house systems

What is the key attribute of your product(s) that differentiates it from your competitors?

NAVI covers the full LSMC /replicating portfolio calibration process, including the automated generation of calibration scenarios, which is compatible with any existing ESG file.

Based on the outcomes from these calibration scenarios, an automated and robust process allows for the calibration of LSMC/Replicating portfolio proxy models.

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Milliman’s NAVI is a powerful software solution based on LSMC, enhancing life insurers’ risk modelling

Contacts

Name: Tigran Kalberer

Email: [email protected]