Discover futures accuracy, today.

GRID offers quality and straightforward reserving solutions to the most demanding business lines in Insurance industry.

Product

GRID is an online Web Based Claims Reserving Service. It contains a plethora of build in tools for statistical modeling and forecasting in claims reserving.

The idea was developed by Professor of Actuarial Science Jens P. Nielsen and executed by our in-house software developers. Many academics have contributed in the making. The project is powered by Emergent Systems.

Features

Friendly to the user and easy to access this cloud-based application can become the best advisor for actuaries and underwriters.

Reserve Point Prediction

Pick the best reserve prediction based on a state-of-the-art methodology. Split the reserve in a tail, an IBNR and/or RBNS reserve

INTUITIVE MODEL PARAMETERS

Accident/ development projections, delay parameter, mean cost per claim, inflation, calendar factors.

FLEXIBLE CALENDAR EFFECT

GRID is able to correct years that are out of the normal. Ex. COVID-19 years.

SCIENTIFIC VALIDATION

Our default compares up to 50 different methods. The validation tool can support decisions on data management; Track past misleading data and manage them, trust your case estimates or not.

INCURRED DATA AS PRIOR KNOWLEDGE

Due to the advanced methodology GRID is using, the tool has the ability to work on the most recent case estimates offering accurate and useful results to the user.

WORK ON START-UP DATA

GRID offers the advantage to help new companies and new business lines. It can work on recent data, by evaluating if bad quality old data should be ignored or not.

We upgrade your reserving experience

Load and analyze datasets with ease.

Create projects that provide detailed reserve point prediction, calendar effects calculation, validation and a plethora of data analytics.

We use advanced, state-of-the-art, reserving methods.

Our work is developed and continuously evolved by our team of inhouse software engineers, developers and dedicated R&D team and academic partners.

Build and access projects from anywhere using our cloud-based services.

Robust and fast analyzing and reporting.

All data and projects are safe using encryption algorithms that protect all the computational stages:

Dataset input => Intermediate analysis => Final output

Services

We built our business for the client. Let’s discover together a sustainable way of cooperation.

Second opinion

We second rate existing reserving results.

Consultation

We plan and develop reserving proposals.

Proof of concept (POC)

We focus on determining if your idea can be turned into reality.

Implementation

We put your plan into effect direct to execution.

Integration

We connect and combine solutions in the best possible ways.

GRID Training Program

Contact us for more Information.

Our team

Jens P. Nielsen

CEO - Director - Professor of Actuarial Science

Odysseas Efstathiou

Software Engineer

Demetris Leptos

Software Architect

Contact

Address

Gladstonos 139a, 1st floor, 3032 Limassol Cyprus

Call Us

+357 25256395

Email Us

info@emergent-systems.com