Enterprise Risk Management Technology Guide :: Demographic Experience Monitoring Tool

Barnett Waddingham - Demographic Experience Monitoring Tool

Type of System

  • Assumption setting
  • Experience monitoring for lapses, mortality and morbidity
  • Governance, risk, compliance (GRC)
  • Internal reporting
  • Risk management and monitoring

Type of platform

  • Server-based
  • Web-based

What are the typical implementation costs?

Fixed fee of £25,000-£60,000 dependant on options chosen.

How long does your software take to implement on site?

Software is provided by a file transfer or by web-link and is available instantly.  Typical set-up time is less than 1 week to customise and bespoke software to meet individual firm data and reporting requirements.

Please name companies that use the system/solution

We use the Demographic Experience Monitoring Tool on all our Chief Actuary and Reviewing Actuary assignments on our life insurance clients. 

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BW’s Demographic Experience Monitoring Tool makes the handle turning aspects of experience monitoring a breeze so more time can be spent focusing on understanding experience, and making value adding insights.

Contacts

[email protected]