SGC-Insurance

Focused Tools, Not Bloated Software

The Insurance Interface represents SGCX's philosophy: specialized tools built specifically for actuaries and insurance professionals, not generic statistical software that forces you to pay for features you'll never use.

The Performance Story (0-60 MPH)

SGC-Insurance delivers professional actuarial analysis with game-changing speed:

• Claims Reserving: Bootstrap chain ladder with 10,000 simulations in under 3 minutes
• Pricing Models: GLM pricing analysis with automatic model selection
• Solvency II Reporting: Complete regulatory package generation
• Catastrophe Modeling: Monte Carlo cat models with millions of scenarios
• Experience Studies: A/E analysis with credibility weighting

Under the Hood (The V8 Engine)

Powered by specialized actuarial libraries plus statistical foundations:

• PyActuarial: Chain ladder reserving, credibility theory, life tables
• PySurvival: Mortality analysis, claim duration, policy lapse
• PyRegression: GLMs for pricing, frequency-severity models
• PyMVNMLE: Missing insurance data handling
• PyExtreme: Catastrophe modeling, extreme claims
• PyBootstrap: Reserving confidence intervals, model validation
• PyDistributions: Actuarial distributions (Pareto, log-gamma, etc.)
• PyMultivariate: Risk correlation modeling

What's NOT Included (Insurance-Specific)

Focused on actuarial work, not unrelated statistical methods:

• ❌ Clinical/Medical Tools: No biostatistics, ROC curves, clinical prediction
• ❌ Econometric Methods: No panel data, instrumental variables
• ❌ Non-parametric Tests: Limited use in actuarial practice
• ⚠️ Time Series: Occasionally useful for economic scenarios
• ⚠️ Bayesian Methods: Growing in actuarial science but specialized

Workflow: No Actuarial Programming Required

Built for FSAs and FCASs, not software developers:

1. Upload Insurance Data: Drag-and-drop claims files, policy data, or experience studies
2. Choose Analysis Type: Select from reserving, pricing, capital modeling, or regulatory templates
3. Configure Models: Use dropdown menus for distributions, sliders for parameters
4. Run Calculations: GPU-accelerated actuarial computations in the background
5. Download Results: Regulatory reports, actuarial memoranda, presentation-ready summaries

Advanced Actuarial Modeling

Comprehensive toolkit for modern actuarial challenges:

• Generalized Linear Models: Poisson, gamma, binomial, and Tweedie distributions
• Survival Analysis: Kaplan-Meier, Cox regression, parametric survival models
• Claims Reserving: Chain ladder, Bornhuetter-Ferguson, stochastic reserving
• Experience Analysis: A/E studies, credibility theory, Buhlmann-Straub models
• Catastrophe Modeling: Extreme value theory, copulas, aggregate loss modeling
• Machine Learning: Random forests, gradient boosting, neural networks for pricing

Product Line Specialization

Tailored analytics for different insurance products:

• Life Insurance: Mortality tables, lapse modeling, policy valuation
• Health Insurance: Medical cost trend, utilization modeling, ACA compliance
• Property & Casualty: Catastrophe modeling, workers' compensation, auto insurance
• Pension Plans: Liability valuation, funding strategies, longevity risk
• Reinsurance: Ceding analysis, retrocession, alternative risk transfer
• Cyber Insurance: Emerging risk modeling, correlation analysis, scenario testing

Target Users

Designed for insurance industry professionals:

• Actuaries: ASA, FSA, FCAS credentialed professionals and students
• Underwriters: Risk selection and portfolio management specialists
• Product Managers: Insurance product development and optimization
• Risk Managers: Enterprise risk assessment and management
• Regulatory Teams: Compliance and regulatory reporting specialists
• Data Scientists: Insurance analytics and predictive modeling teams

Missing Data in Insurance

Regulatory Compliance

Built-in support for insurance regulatory requirements:

• Solvency II: SCR calculations, ORSA reporting, internal models validation
• IFRS 17: Insurance contract liability measurement and disclosure
• NAIC Requirements: RBC calculations, statutory reporting, principle-based reserving
• State Regulations: Rate filing support, actuarial memoranda generation
• International Standards: ICS, global regulatory harmonization requirements

Technology Innovation

Modern computational approaches to actuarial problems:

• GPU Acceleration: Massive parallelization for Monte Carlo simulations
• Distributed Computing: Cluster computing for large-scale actuarial models
• Real-Time Analytics: Dynamic pricing and real-time risk assessment
• Cloud Scalability: Elastic infrastructure for seasonal modeling demands
• API Integration: Seamless connection to policy administration systems

Data Sources and Integration

Comprehensive data integration capabilities:

• Internal Systems: Policy administration, claims management, billing systems
• Third-Party Data: Credit bureaus, telematics, weather data, economic indicators
• Public Datasets: Mortality tables, economic statistics, regulatory filings
• Alternative Data: Social media, satellite imagery, IoT sensors
• Industry Databases: ISO, NCCI, reinsurance market data

Advanced Analytics Capabilities

Industry Applications

Specialized solutions for different insurance segments:

• Life Insurers: Mortality analysis, lapse modeling, asset-liability management
• Health Plans: Medical cost projections, provider network analysis, ACA compliance
• P&C Insurers: Catastrophe modeling, personal/commercial lines pricing
• Reinsurers: Portfolio analysis, treaty structuring, capital optimization
• Captives: Risk retention analysis, feasibility studies, alternative risk financing
• Consultants: Client analysis, regulatory support, expert witness services

Educational Integration

Supporting actuarial education and professional development:

• SOA/CAS Exam Prep: Practice problems and study materials integration
• University Programs: Academic licensing for actuarial science programs
• Professional Development: Continuing education modules and certifications
• Research Support: Tools for actuarial research and academic publications

Competitive Advantages

Key differentiators in the actuarial software market:

• vs. Legacy Systems: Modern interface, cloud deployment, advanced analytics
• vs. Excel: Scalability, automation, regulatory compliance, error reduction
• vs. General Statistics: Actuarial-specific functions, regulatory templates
• vs. Consulting Solutions: Lower cost, customizable, no vendor lock-in

Pricing Model

Flexible pricing for different organizational sizes:

• Individual Actuaries: Professional licenses for consulting and small firms
• Actuarial Departments: Team licenses with collaboration features
• Enterprise Solutions: Company-wide access for large insurers
• Academic Licenses: Discounted pricing for educational institutions