Products

The ALPS product strategy enables:

• Separation of business process from data structure
• Application of a generic model to each line of business
• Support of underwriter and broker needs
• Integration with client and industry risk data
• Capture of the entire portfolio
• Risk aggregation along the insurance channel
• Analytics for price, exposure, scenario, capital and optimisation modelling
• Data exploration through user-definable queries and exports

ALPS explores opportunities during:

• Product Writing by providing a deep knowledge of underlying risk
• Portfolio Management by providing accumulation controls within a line of business
• Portfolio Aggregation by providing accumulation controls across several lines of business

ALPS delivers modelling through pre-packaged analysis types:

• Price Modelling - price a programme using historic or simulated losses
• Scenario Modelling – gross and net portfolio exposure to a set of actual or simulated losses
• Exposure Modelling – gross and net portfolio exposure at a given loss level
• Optimisation Modelling – line writing strategy to balance portfolio premium and exposure
• Capital Modelling - return on equity and return on capital for a given portfolio year

ALPS provides overall benefits

• Better knowledge of underlying risks prior to capital commitment
• Improved quality and accuracy of decision making
• Reduced time and cost of decision making
• Systematic approach to decision making