Milliman - Arius
Type of System
- Analytics
- Data management
- IFRS 17 solution
- Internal/external reporting
- Reserving solution
- Spreadsheet risk management
Type of platform
- Cloud
- Desktop-based
- SaaS
Other features - does your offering facilitate
- Curve-fitting
- NAIC RMORSA
- Solvency II internal model
- Solvency II standard formula
What are the typical implementation costs?
Typical licence and implementation costs are dependent on whether the Arius desktop solution or the cloud-based Arius Enterprise solution is selected, and on the size and complexity of the licensing organisation.
How long does your software take to implement on site?
Arius desktop: physical implementation is typically less than 30 minutes.
Training: 8 to 24 hours, depending on which modules are licensed.
Arius Enterprise: approximately 2 to 3 months elapsed time, including analysis of current processes and consideration of industry best practices, customisations for software system and reserving department workflow, and connections of data flows to upstream and downstream systems. In addition, most clients opt for one to two quarters of parallel analysis before production use.
Please name companies that use the system/solution
List is available upon request.
Do you have an open API?
Arius exposes most of its actuarial capabilities through external APIs.
Contacts
Name: Michael Palmich
Tel: +1 404 254 6740
Email: [email protected]