Independent Audit Verifies PolySystems Internal Controls and Processes PolySystems is proud to announce that it has once again completed its SOC 2 Type II audit, performed by KirkpatrickPrice. This attestation provides evidence that PolySystems has a strong commitment to security and to delivering high-quality services to its clients by demonstrating [...]
PolySystems is widely recognized as the best GAAP valuation system in the market and is used by more than 100 companies processing over $500 billion in GAAP reserves. Our expertise with combining policy history with projection results and calculating cohort level results for FAS97 has allowed for an aggressive timeline [...]
July 19, 2019 For more info, please log in to the Poly Client Portal.
FASB’s objective of targeted improvements to the existing recognition, measurement, presentation, and disclosure requirements for long-duration contracts has a major impact on the actuarial software industry in all four categories. PolySystems best-in-class GAAP LDTI software uses our proven methods for combining policy history and projections. Partner with our team of [...]
PolySystems is excited to announce that we have entered a licensing agreement with the Actuarial Practice of Oliver Wyman. Please see the following press release issued by Oliver Wyman to learn more about our partnership: February 11, 2019 The Actuarial Practice of Oliver Wyman has entered a licensing agreement with [...]
VM-20 is a significant addition to principles-based reserves; generally applicable for life insurance products, it applies a joint formulaic and modeled cashflow framework for calculating reserves. PolySystems offers the most comprehensive solution to VM-20 in the industry with point-in-time valuation and asset-liability projection capabilities for all lines of business.
PolySystems will be closed on Thanksgiving Day and Christmas Day, in observance of the holidays. Our offices will be open the remainder of 2019 to support you.