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Predictive Analytics Platforms for Actuarial Department

Advanced tools that leverage machine learning and data mining techniques to identify patterns in historical data and make forward-looking predictions about risk factors and claims frequency.
Other Actuarial Department

RMS Risk Intelligence
By: Risk Management Solutions (RMS)
https://www.rms.com/products/risk-intelligence
A comprehensive risk modeling platform that provides catastrophe risk models, analytics, and data for property, casualty, and life insurance underwriting. It offers high-definition models, real-time risk insights, and climate change impact analyses to help insurers better understand and quantify risk exposure.

Akur8 Pricing Platform
By: Akur8
https://www.akur8.com/product
AI-powered actuarial pricing platform that automates rate modeling while maintaining transparency. Features include automated feature selection, risk modeling, pricing simulation, and collaborative tools designed specifically for actuaries.

Gradient AI Insurance Platform
By: Gradient AI
https://www.gradientai.com/platform
AI-powered insurance analytics platform with specific actuarial capabilities. Features include predictive claims modeling, risk assessment automation, fraud detection, and loss development forecasting using proprietary datasets and machine learning.

IBM SPSS Statistics
By: IBM
https://www.ibm.com/analytics/spss-statistics
Provides advanced statistical analysis, predictive modeling, and a suite of forecasting techniques specifically tailored for actuarial science and insurance applications.

Oracle Analytics Cloud
By: Oracle Financial Services
https://www.oracle.com/analytics/cloud/
Delivers powerful analytics capabilities using machine learning to improve risk assessment and management in insurance, helping users turn data into actionable insights.

Qlik Sense
By: Qlik
https://www.qlik.com/us/products/qlik-sense
A modern analytics platform that allows users to explore data and generate insights through self-service visualization and dashboards, supporting augmented intelligence capabilities.

Integrate
By: Milliman
https://www.milliman.com/en/products/integrate
A comprehensive actuarial transformation platform that automates and streamlines insurance processes. Features include advanced modeling, valuation automation, data validation, and reporting tools specifically designed for actuarial workflows.

Azure Machine Learning
By: Microsoft
https://azure.microsoft.com/en-us/services/machine-learning/
A cloud-based service for building, training, and deploying machine learning models, offering automated machine learning, drag-and-drop functionality, and integration with Jupyter notebooks.

FIS Insurance Product Factory
By: FIS Global
https://www.fisglobal.com/en/solutions/insurance
A comprehensive solution for managing the entire insurance product lifecycle, from conception to retirement. Features product modeling, rules-based configuration, testing tools, versioning, and compliance management.