ClearAct

Insurance Underwriting & Rating

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This system functions as an advanced actuarial platform designed specifically for property and casualty insurance, providing real-time analysis and calculations such as reserve estimation, reinsurance modeling, uncertainty quantification, IFRS 17 compliance, and generalized linear model (GLM) pricing. Its key features include transparent, clickable reporting where each coefficient, relativity, and calculation step can be examined; extensive modules developed by experienced reserving actuaries; and a user-friendly interface that streamlines complex actuarial workflows by integrating reserving, financial reporting, and pricing into a single, connected environment. It addresses common challenges faced by actuaries and risk managers, such as disjointed tools, opaque calculations, and documentation gaps, making it ideal for insurance professionals, senior risk analysts,.

ClearAct can be found in Insurance Underwriting & Rating categories.

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stockportfolio Verified profile Promoted → Akur8 → Verisk → Fenris → Supercede →

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Details

ClearAct Main Features

• 12 Modules
  The SaaS has 12 sections with real calculations built by an experienced Chief Reserving Actuary.
• Detailed Screens
  Each screen shows specific calculations and methods used, made easy to understand.
• Full Transparency
  Every part of the report is clickable, showing exactly how each number was calculated.
• Built by Actuaries
  The software was created by an actuary with over 20 years of experience in reserves and pricing.
• Interactive System
  Click on any number or factor to see exactly how it was calculated inside the system.
• User-Friendly Design
  The SaaS is designed for easy use, so you can find and understand information quickly.
• In-Depth Data Analysis
  You can explore details like claims, channels, and factors to understand how numbers are made.
• Real-Time Calculations
  ClearAct calculates reserves, reinsurance, uncertainty, IFRS17, and GLM pricing instantly from your data.
• Purpose-Driven Development
  Built from real actuarial frustrations to help actuaries make better and faster decisions.
• Connected Reserve and Reporting
  Reserving and financial reporting are integrated into one system, not separate tools.

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Technologies Used

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