The FIS Insurance Risk Suite is an award-winning, comprehensive insurance risk solution designed to simplify actuarial modeling and strengthen risk management for insurance companies. In an environment characterized by increasingly complex regulatory codes and demanding reporting requirements, the suite helps organizations move beyond disparate legacy systems that often lead to inefficiencies and increased workload. It automates and controls all actuarial processes, enabling cost-effective compliance with global regulations such as IFRS 17, Solvency II, and U.S. GAAP LDI across all lines of business. This empowers insurers to respond with agility in volatile markets and effectively manage emerging risks. Available both on-premise and via the cloud, the solution delivers critical business intelligence, allowing users to make consistently better decisions. It enhances the ability to access more data in less time, analyze changes with greater precision, and manage capital and profitability more skillfully. By centralizing code, assumptions, and policy data on a single platform, the suite streamlines operations, automating actuarial modeling and reporting. Furthermore, it significantly boosts performance by enabling faster calculations and the storage of higher volumes of detailed results, leading to deeper business insights.

Features & Benefits

• Manage Risk and Regulation
  • Enables businesses to model their operations and meet global regulations including IFRS 17, Solvency II, and U.S. GAAP LDI across all lines of business.
• Streamline Operations
  • Automates actuarial modeling and reporting through a single platform that centralizes code, assumptions, and policy data.
• Boost Performance
  • Allows for faster calculations and the storage of higher volumes of detailed results, leading to greater business insights.
• Flexible Cloud Deployment
  • Offers deployment on-premise or via the cloud, with managed services available to reduce capital outlay and operational burden.
• Modern Actuarial Modeling
  • Modernizes actuarial and risk management processes to handle increased computational demands without requiring a large, inflexible compute grid.
• Enterprise-wide Risk Analysis
  • Facilitates the modeling and analysis of complex risks across the entire enterprise within a modern, tightly governed, high-performance environment.
• Strategic Business Planning
  • Helps General and P&C insurers meet their risk modeling and business planning needs faster, with greater efficiency and less risk.
• Automation & Data Management
  • Replaces manual processes with an automated approach to data management, calculations, configuration, control, reviews, and analysis.