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.
The other new product is a reinsurance information management product from CSC, El Segundo, Calif., and Q.Know Technologies Inc., Reston, Va.
The system gives a reinsurer ways to manage many different types of structured and unstructured information from one desktop view, CSC says.
The companies have based the system on CSC’s SICS/nt reinsurance administration software and Q.Know’s information management tools.
Reinsurers can use the system to sort different types of project information from many different sources of information, such as e-mail, meeting notes or back-office data, CSC says.