IBNR Robot estimates the optimum level of expected claims liabilities and its range. The underlying artificial intelligence combines commonly used loss reserving methods, statistical optimisation techniques and pragmatic solutions.

Artificial Intelligence

Process Automation

Innovation

Independent

IBNR Robot is independent of past results, human actuarial judgment and the influence and opinions of various stakeholders. It is fully automated.

Robust

IBNR Robot is robust. It automatically applies optimal treatment to effects of accident, underwriting and calendar year as well as large and unusual events, taking into account credibility, relevance, homogeneity, volatility and correlations observed.

Instant

IBNR Robot can produce loss reserves estimates and range from formatted data input in less than 1 minute for each dataset.

Automating Actuarial Work

IBNR Robot