Software Releases Target Actuaries, Reinsurers

Tillinghast and Computer Sciences Corp. have introduced products that may help insurers manage risk.

Tillinghast, Stamford, Conn., a unit of Towers Perrin Inc., has unveiled TAS-MoSes, an actuarial analysis software application based on Tillinghast’s MoSes financial modeling system.

The system makes the results easier to audit by letting actuaries see the actual code used in projection calculations, Tillinghast says.

The system also is set up so that an actuary can use distributed processing and grid computing strategies to put many different computers to work at solving a particularly large problem, Tillinghast says.