ADVISE™ - Enterprise

Mission-Critical Technology for Insurers

Most insurance companies still manage their businesses in silos. But times are changing. Today, executives are turning to Enterprise Risk Management (ERM) as a framework to meet compliance and regulatory requirements. ERM can empower your company to truly understand your business risks through total company modeling.

Uncover the Risks You’ve Been MissingSM

DFA, the market leader in financial ERM solutions for the insurance industry, provides the only software capable of modeling an entire company. ADVISE – Enterprise is a robust, stochastic, Monte Carlo simulation tool that can project the full range of possible outcomes to give your company the visibility you need to properly assess and manage risks. Use ADVISE -- Enterprise to effectively meet compliance and regulatory requirements and to provide accurate visibility into unknown risks for better corporate governance and increased shareholder value. This breakthrough analytics tool:

  • Scales simultaneously across multiple dimensions for unparalleled accuracy.
  • Gives you the most “real world” look at business risks by incorporating management decision-making business rules into the models.
  • Enables you to “drill down” on specific alternate futures and avoid unrealistic approximations.
  • Provides detailed coverage of assets and liabilities.
  • Supports custom analytics and reports so you can easily produce Board quality documents.
  • Ensures consistency by providing a common economic modeling framework across the enterprise.
  • Empowers you to effectively meet compliance and regulatory requirements.
  • Delivers rapid ROI with short implementation time and low implementation costs.
  • Includes built-in toolkit functionality in a full-featured ERM solution.

Optimize Financial Decision-Making

ADVISE enables you to optimize financial decision-making across all interrelated segments of your business. 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. With ADVISE, you can choose from an entire suite of modular solutions that are tailored to the specific needs of insurance firms.

  • Property & Casualty: Model thousands of paths for better visibility into possible risks. Learn more.
  • Life: Model assets and liabilities for the complete picture of risk. Learn more.
  • Reinsurers: Tactical reinsurance pricing from an enterprise view. Learn more.
  • Groups: Comprehensive solutions for managing risk across the enterprise. Learn more.
  • Asset Managers: Model both sides of the balance sheet to maximize your returns. Learn more.

Learn More

White Papers

Make an Informed Choice

“Enterprise Risk Models for Insurers: How to choose the right technology for your company.”

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Optimize Financial Decision-Making

“Moving from Dynamic Financial Analysis to Dynamic Financial Management.”

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Get Expert Opinions

Learn what industry leaders including Harry H. Panjer, Ph.D., have to say about GEMS.

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Benefit from the Best of Both Worlds

With ADVISE, you get all the flexibility of a toolkit or spreadsheet, plus the power of a full-featured ERM solution. ADVISE provides the complete business logic in liabilities, investments, accounting and economic scenarios, so the user can begin parameterizing and running models immediately, instead of spending time building model code. A wide array of model choices is available “out of the box”, with little or no customization or development required to get up and running quickly. Toolkit and spreadsheet functionality are also there when you need it to tailor the models to meet your needs.