Oliver Wyman Actuarial Signs Licensing Agreement with PolySystems, Inc.

The firm’s experience with large-scale financial modeling implementations expands PolySystems software consulting and services to the insurance industry.

(Image source: PolySystems homepage.)

The Actuarial Practice of Oliver Wyman (New York) announced that it has entered a licensing agreement with PolySystems, Inc. a Chicago-based provider of actuarial software and data solutions for the global life and health insurance industry.

David Weinsier, Partner and US Insurance Practice Leader, Olvier Wyman.

“PolySystems is used by many of our clients for valuation and modeling purposes and more recently in preparation for the implementation of US GAAP targeted improvements,” comments David Weinsier, Partner and US Insurance Practice Leader, Olvier Wyman. “Building upon our well-established modeling offerings with other vendor-provided actuarial software platforms, we are excited to deploy our financial modeling discipline and execution capabilities on PolySystems.”

“We welcome Oliver Wyman as a client and consulting vendor,” comments Bob Keating, senior VP, PolySystems. “Their experience with large-scale financial modeling implementations significantly expands the capacity and availability for PolySystems software consulting and services to the insurance industry.”

QA in the Age of Rapid Insurance Technology Development

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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