Actuarial
Reserving, capital modelling, cashflow projection, inforce analytics.
Vendors by generation
AI-native (1)
- Atidot
AI-native predictive analytics platform for life insurance and annuities. Scores in-force books for lapse likelihood, policyholder behaviour and cross-sell propensity; named deployments at Guardian Life and Pacific Life, with distribution through iPipeline, SCOR/ReMark and NTT DATA. Israel-founded (2016), Gartner Cool Vendor in Insurance 2019.
Modern SaaS (6)
- Arius Enterprise (Milliman)
Modern P&C loss-reserving and claim-liability analytics platform originally built by Milliman. The Arius family (Arius Deterministic, Arius Stochastic, Triangles on Demand, Arius Enterprise) bundles 40+ deterministic reserving methods, 10+ stochastic/bootstrap models, and an Azure-hosted reserving workflow (centralized database, roll-forwards, audit trails, Power BI reporting) for insurer and reinsurer actuarial departments. Acquired by Akur8 from Milliman in September 2024 and now marketed as Akur8 Reserving; Milliman retains an equity stake in Akur8 and a consulting relationship.
Parent: Akur8 - FIS Prophet
Enterprise actuarial modelling platform for life, pensions and annuity business, now marketed by FIS as the 'Insurance Risk Suite — Prophet'. The suite covers cash-flow projection, asset-liability management, stochastic and deterministic scenario generation, experience analysis, assumption setting, and regulatory reporting (Solvency II, IFRS 17, US GAAP LDTI). Originally built by B&W Deloitte and launched in 1987, Prophet was acquired by SunGard from Deloitte in 2005 and then became part of FIS when FIS closed its $9.1B acquisition of SunGard on 30 November 2015. FIS reports 10,000+ users across ~850 sites in 65+ countries, making Prophet the incumbent actuarial modelling standard for large life carriers alongside Moody's AXIS and Milliman MG-ALFA.
NYSE:FIS - Milliman Integrate
Milliman's modern cloud-native actuarial and capital-modelling platform for life and long-term-care insurers. Integrate is built around the MG-ALFA calculation engine (re-hosted as 'Integrate Base') and adds end-to-end data management, governance, business-intelligence reporting, and an integrated Milliman ESG economic-scenario generator on top — delivered as a turnkey SaaS on Microsoft Azure. Scope covers deterministic and stochastic cash-flow projection, asset-liability management (ALM), strategic asset allocation, economic capital and Solvency II / ORSA calculations, US statutory and GAAP LDTI reporting, and (since 2024–2025) Microsoft Fabric-based self-service analytics. Distinct from the former Milliman Arius P&C reserving product, which Akur8 acquired from Milliman in September 2024.
Parent: Milliman, Inc. - Moody's AXIS
Modern life insurance actuarial modelling platform. Single-engine system used by life insurers, reinsurers and consulting firms for pricing, valuation, reserving, asset-liability management, capital calculations, financial projection and hedging, with out-of-the-box support for IFRS 17, LDTI and multi-jurisdiction regulatory frameworks. Originated at GGY (Toronto, 1989) and acquired by Moody's Analytics in March 2016; now delivered both as installed software and via a cloud/HPC platform (GridLink-as-a-Service on Microsoft Azure).
Parent: Moody's Corporation - Moody's RMS
The incumbent catastrophe-risk-modelling platform for insurers and reinsurers. 400+ models spanning natural and man-made perils across nearly 100 countries; 250+ insurance and financial-services firms on the Intelligent Risk Platform. Acquired by Moody's for $2B in 2021.
Parent: Moody's Corporation - WTW Radar
End-to-end actuarial pricing, modeling, and underwriting workbench. Includes Emblem (predictive modeling), Radar Base (scenario analysis), Radar Live (real-time rate deployment), and Radar Workbench (commercial underwriting portal). Used in P&C (auto, home, commercial) by major carriers. Launched as modern successor to legacy actuarial workflows; Radar 5 (2025) adds generative AI.
Legacy
No tools on this generation yet.
Carriers named on this layer
Every carrier publicly cited by any vendor on the Actuarial layer. Appearance here means the carrier is named in at least one fiche on this layer with a source.
- 250+ insurance and financial-services firms on the Intelligent Risk Platform
- AIA Group
- Beazley
- Funde Sino Life
- Guardian Life
- Hiscox
- IMT Insurance
- MetLife
- MS Amlin
- New York Life
- Pacific Life
- Redline Underwriting
- SCOR / ReMark
- Seguros RGA
- Singlife with Aviva
- Sompo Group
- Vienna Insurance Group
Recent news on this layer
About this layer
Phidea classifies every tool into one of 16 canonical US insurance stack layers, chosen by the tool’s centre of gravity rather than its newest feature. This page is the single URL for everything on the actuariallayer — the vendors, the carriers that use them, and the news that’s moved the category recently. Generation classification (legacy, modern saas, ai-native) is defined on the methodology page.