DFA delivers a comprehensive portfolio of risk management products designed for the insurance industry. These products are a foundation for competitive advantage for any insurance company with multiple business lines, reinsurance activities, rapidly changing business portfolios, and significant premium volumes.
ADVISE™ – Advanced Stochastic Modeling
ADVISE is proven software to optimize financial decision-making and is the only software capable of modeling and entire company. This robust, stochastic, Monte Carlo simulation tool can project the full range of possible outcomes to give your company the visibility you need to properly assess and manage risks. With ADVISE, you can choose from an entire suite of modular solutions that are tailored to the specific needs of insurance firms. Your company can start with one or more focused “quick win” applications and easily add more applications to move to a company-wide ERM environment over time. Use ADVISE to effectively meet compliance and regulatory requirements and to provide accurate visibility into unknown risks for better corporate governance and increased shareholder value. Learn more.
GEMS™ – An ESG for the 21st Century
GEMS is a rapid deployment Economic Scenario Generator capable of producing both real-world and risk-neutral scenarios. It can be implemented to work with your existing systems or function as a module of DFA’s ADVISE suite of services. As the most advanced ESG on the market today, GEMS simulates a company’s economic operating environment, providing a common economic modeling framework across the enterprise to ensure consistency, so for the first time, company planning can reflect a realistic market backdrop. A panel of the most prominent insurance industry experts, including Harry H. Panjer, Ph.D, thoroughly reviewed GEMS and “enthusiastically recommends” the software. Learn more.
A Comprehensive Suite of Professional Services
DFA is known for its extensive insurance domain expertise and offers a full range of Professional Services to meet your needs. Our staff of Risk and Actuarial professionals will ensure you receive the level of service your business requires to realize the benefits of DFA’s Enterprise Risk Management solutions. You can choose from DFA’s Consulting Services, Training, Implementation Services, Mentoring, Project Management, and Parameterization. Learn more.