Arius is Milliman’s complete reserve analysis solution

Arius is an actuarial platform for analyzing casualty reserves and estimating ultimate loss costs. It combines industry-leading stochastic insurance modeling tools with a robust suite of deterministic reserving tools and actuarial methods. It adds reliability and efficiency to the actuarial analysis process, so senior analysts can focus on the important issues in their business.

The Arius Enterprise system is a complete end-to-end reserving solution for property and casualty insurers. It helps sophisticated insurance organizations analyze loss, claim, and reserve data quickly and efficiently, automate key processes, and track and manage many concurrent reserving projects. It’s specifically designed to help insurance actuaries better understand the nuances of their company’s business and deliver results reliably and on time.

Arius is actuarial software for reserve analysts at medium to large or rapidly growing property and casualty insurance and reinsurance companies.

Arius manages the entire reserving process, so you can focus on your actuarial analysis, not on assembling and manipulating data or worrying about volatile formulas or links. Arius provides hundreds of diagnostics, exhibits, methods, and summary reports right out of the box, so your team will be productive almost immediately.

Arius Enterprise is not just a calculation tool, but a full end-to-end actuarial reserving software solution. It brings together process automation, governance, a reliable cloud implementation, real-time back-up, and easy distribution across multiple offices, locations, and companies.

Rather than relying on risky or inefficient spreadsheets for output, Arius provides data tables that are designed specifically for reporting purposes together with Microsoft Power BI for powerful, flexible reporting.

Arius automates routine steps of the reserving process, so you can devote your valuable actuarial resources to the most important parts of your business. You’ll also have more confidence and your entire team will be more efficient with Arius Enterprise’s centralized database of all the data necessary for flexible, custom analyses.

Our Arius solutions help actuaries estimate losses and reserves up to four times faster and more reliably than using older, risky spreadsheets. We give actuaries easy access to sophisticated insurance analytics, and provide reliability and efficiency to the entire reserving process, from raw claim data all the way through to final reported financials.

All formulas, calculations, and links throughout Arius are carefully designed, professionally tested, and protected within the system to assure efficient and reliable results.

Our Arius product family relies upon a sophisticated combination of C# and Python, and is built by a team of experienced professional software developers. This is professionally engineered software, not code written by part-time coders. Some of the systems also derive significant advantage from their sophisticated implementation in the Microsoft Azure cloud. We work closely with our partners at Microsoft to assure that we are making the most complete use of the Azure engineering platform and the associated leading-edge components within the Azure ecosystem. Insurance actuaries are then able to rely on these efficiency and security benefits.

Our technology and actuarial professionals will work closely with your reserving, data, and IT teams to implement the Arius solution that best fits your needs. We will help customize a solution to match and support your preferred workflow. Where appropriate, we will implement and help you take advantage of best practices we have learned from many other similar implementations. We will work with your data professionals to assure that all data is flowing as necessary to support the efficient solution that you are expecting, and we will train your professionals to make optimal use of all the tools and capabilities. Your team will be up and running and enjoying the benefits of Arius in a matter of weeks or less, depending on the solutions you are putting in place.

Call Michael Palmich at (404) 254-6740 or email him at [email protected] to schedule a demo of Arius.