Do you need to make the leap from providing point estimates to providing reserve ranges?

Is too much of your time spent on process instead of thoughtful analysis?

Would you like to incorporate more statistical rigor into your reserve analysis?

Cognalysis™ Reserving System contains standard actuarial techniques for estimating reserve levels, as well as statistical techniques to provide guidance for various selections.

Here are some of the many features included in this software:

• Reserve ranges based on paid and incurred loss development variability, correlation between accident and development periods, user-selected factors and user-selected ultimate losses
• Standard analysis of paid and incurred triangles, using link ratio and Bornhuetter-Ferguson techniques
• Guidance for development factor, seed loss ratio, and tail factor selection based on statistical techniques
• Guidance for selection between loss reserve estimates from different methods based on predictive accuracy
• Automation of processes including batch squaring options
• Multiple Import Options (flat file, database, individual or aggregated claims, customized file layouts)
• Graphical Output highlighting items of interest, changes from past analyses, ranges of potential outcomes