Modernize your actuarial operations
Visionet’s actuarial automation solution empowers insurance providers in driving speed, productivity, and efficiency in the actuarial processes.
Today’s actuarial function is inundated with challenges coming from regulatory reporting, growing customer expectations, and market pressures. The chief actuary has a full agenda – what’s required is an all-new operating model where the actuary provides valuable and timely insights to business leaders for better valuation, pricing, and risk decisions, and enable faster product rollouts that are aligned with customer needs.
Actuarial Automation | Why Now
Increased Customer Expectations
Competition From
Insurance Tech
High Overhead and
Operations Cost
Renewed Focus on Risk Management
Visionet’s Actuarial Automation Solution
Visionet offers a highly integrated automation solution designed to maximize value for actuarial organizations by streamlining the processes and helping them reduce the closing cycle time by over 30%.
Visionet offers an API-enabled automation solution with a headless architecture that automates the actuarial processes — empowering actuaries to design, deploy, and execute complex model runs.
Benefits of Actuarial Automation Solution
Shrink Closing Cycles and Reduce Turn-around Times
Eliminate Repetitive, Manual, and Mundane Processes
Automated Extraction, Cleansing, and Transformation for Seamless Data Management
Centralized Modeling Environment to Eliminate the Proliferation of Spreadsheet-Based Tools
Centralized Modeling Environment to Eliminate the Proliferation of Spreadsheet-Based Tools
Establish Alignment Between Actuarial and IT Functions
Establish Alignment Between Actuarial and IT Functions
The insurance sector is at the cusp of an exciting new wave of actuarial innovation led by data, AI, and automation-driven technologies. Take advantage of Visionet’s Actuarial Automation Solution and attain a significant competitive advantage.
Case Studies
A FORTUNE 500 ANNUITIES AND LIFE INSURANCE CORPORATION IN THE U.S. LEVERAGED END-TO-END AUTOMATION TO REVITALIZE ITS ACTUARIAL IT PROCESSES
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