Key Features

PolySystems’ fully integrated suite of production quality actuarial modeling software offers comprehensive valuation, projection, and experience study capabilities. With a unique combination of flexibility and out of the box functionality, PolySystems’ single platform can be used to calculate both prescribed and principles-based reserves and capital, perform fully integrated asset/liability projections for CFT and planning, set assumptions, carry out sensitivity and stochastic analyses, manage inforce profitability, price products and much more.

Key features for health include:

  • Fully integrated with PolySystems’ asset modeling software, Asset Delphi
  • Reporting and analysis of historical data for Source of Earnings and experience measurement
  • First principles calculations for all supported health products

Broad Product Support

PolySystems’ health software supports all major health products including:

  • Hospital Indemnity
  • Med Supp
  • Return of Premium Riders
  • Long Term Care (active and disabled lives)
  • Disability (active and disabled lives)
  • Specified Illness
  • Accident

Multiple Accounting Methodologies

PolySystems supports valuations and projections for all major U.S. statutory, tax and GAAP reserving methodologies.  We actively follow potential changes to reserving rules and guidelines, keeping our software compliant and ready for new regulations before they become effective.  PolySystems also supports Purchase GAAP for VOBA and other intangibles, and economic reserves and capital for ORSA, pricing and other applications.

Output and Analysis

PolySystems produces a wide variety of standard and custom output.   We offer a vast library of predefined reports, including GAAP and statutory balance sheets, income statements, cash flow statements and over 280 other valuation and projection reports applicable to a multitude of modeling applications.  These reports are available at the seriatim level, in aggregate, or on a grouped (e.g., cohort) basis.

Detailed audit reports can be generated for hand checking calculations or sharing with auditors.  The software also includes a robust report writer for developing custom PolySystems reports.  For complete flexibility, detailed data files are available containing every calculated variable.  These can be uploaded to any data warehouse for use with third party reporting applications.

We encourage you to contact us for further inquiries or to request a demo.