Insureware Pty Ltd Information

Insureware is the developer of a proprietary, enterprise-grade statistical platform; ICRFS™, distinguished by its tour de force interactive design. It sets the benchmark for long-tail liability risk modelling. Developed by a PhD-led R&D team, ICRFS™'s high-velocity algorithms and original modelling frameworks deliver unmatched speed, insight, and usability through an intuitive, point-and-click interface. It is the world’s only comprehensive, enterprise-wide platform for long-tail liability risk management. Built on the Multiple Probabilistic Trend Family (MPTF) modelling framework, it replaces fragmented approaches with a single, consistent, data-driven composite model—providing an integrated view of risk across all lines of business and selected aggregates, for example Business Units. Decision-makers, including the C-Suite, can explore social inflation, variability, volatility correlations, common drivers, emerging risks, reserving, pricing, risk capital, reinsurance, and SII metrics—all in real time from a single, central location, a composite triangle group in the database.. They can also perform what-if scenarios and sensitivity analyses in real time. Trusted in high-stakes environments, Insureware has advised on mergers and acquisitions and complex reinsurance transactions. It successfully challenged Moody’s on reserve adequacy and Fitch on risk capital for a major US insurer, and supported Bermuda Monetary Authority (BMA) approval for establishing a reinsurance company through risk capital and Solvency II calculations. With over 75% of revenue reinvested in R&D, Insureware continues to lead the market through research-driven innovation.