Willis Towers Watson - Igloo
Type of System
- Capital modelling
- Economic capital aggregation
- Economic / risk scenario generator
- Risk management
- Asset/liability management
- Data management
- End-to-end ERM
- Solvency II solution
- Internal/external reporting
- Portfolio analysis/hedging
- Governance, risk, compliance (GRC)
- Business planning
Type of platform
Other features - the offering facilitates:
- NAIC RMORSA
- Solvency II standard formula
- Solvency II internal model
- Internal model calibration
- Ad-hoc stochastic and simulation modelling
What are the typical implementation costs?
This varies with the scope of the implementation; businesses licensing Igloo range from the very largest multinationals through to single line specialist domestic insurers. However, we typically find that our standard libraries enable most businesses to implement at very low cost and little need for bespoke modelling adjustments.
How long does your software take to implement on site?
Igloo is ready to go immediately upon installation. The new Igloo Capital Model offers a best in class, highly flexible modelling framework allowing users familiar with capital modelling to be productive from day one without any prior knowledge of Igloo.
Please name companies that use the system/solution
Igloo is the market leader. Prefer not to name specific clients.
December 2019 sees Igloo leap ahead. What once took hours now takes minutes, Igloo Capital Model frees modellers from routine to add insight and value whilst the Cloud changes everything for both performance and costs. Do more for less with the new Igloo.