Claims Management

JCAD LACHS - Triangulation & Fund Modelling

JCAD LACHS Triangulation and Fund Modelling Report

Triangulation and Fund Modelling
In addition to providing triangulation and funding projection information, this module is also capable of analysing claim costs by range. In this way it forecasts the most economic combination of policy premium and policy excess level based on historical trends and claims experience.


The benefit of this forecast is that it can help in reducing premiums by identifying the most appropriate excess levels in different 'what-if' scenarios. It can also aid the substantiation of actuarial reports.

● Automatically derived triangulations
● Financial models for IBNR calculations
● Modelling of likely claims experience
● Modelling optimum excess levels

 

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