Insurance

Astrizon delivers a seamless insurance sales and service journey for our clients by leveraging robust and elastic IT infrastructure (application and Infra) and automation (Cognitive and Robotic).

With our breadth of experience serving global insurance and re-insurance companies in sales and distribution, new business and underwriting, policy administration, claims, billing, accounting, risk and compliance, brokerage and third party administration, Astrizon offers you a robust and comprehensive service portfolio, product offerings, and deep expertise in design and engineering

We leverage a set of innovative technology platforms such as Cognitive Systems, Robotics, Human Machine Interface, Smart Connected Devices, Next Gen App Architectures and Software Defined Everything to deliver digitally-enabled business processes and domain-centric solutions.

Actuarial Data Validation

Astrizon’s Actuarial Data Framework allows reconciliations and divergences of model points using automation. It helps organizations to consider new data requirements, compare with existing model points, and discover incremental additions to data attributes.

The framework provides insights on the data changes required to handle new risks and helps envisage a common process for model point files and single source of data for all business functions, starting from pricing and reserving to valuation and reporting.

By using the framework, insurers can automatically analyze a range of data attributes and values to compare all historic data against current actuarial data. Built on open source stack, the framework is compatible with various data structures used across various actuarial tools and allows for comprehensive actuarial data mapping.

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