ICFS-Plus: Actuarial Software for the Property and Causality Insurance Industry

June 2008

Training videos for ICRFS-Plus™ new users have now been released. The videos have been broken up into case studies and extensive examples are available. The main video page is available here. To order the training videos as a 2-CD set please contact support@insureware.com.


May 2008

A paper presenting important properties of the average link ratio methods including the Mack method is available here.


An important update for 10.2 has been released. This update is available from the Support page and is applicable only if COM for uneven period is being used or some of the standard actuarial methods are being applied. Please see the update notes for more details.


February 2008

ICRFS-Plus™ 10.2 has now been released.


ICRFS-Plus™ 10.2 has many exciting new features including the following:


  • Uneven sampling periods allowing annual reviews with quarterly evaluations.
  • Analysis of short tail lines of business via annual accident periods with monthly development periods
  • Direct modelling of changing accident period variance
  • Enhanced forecast scenario options
  • Within cluster optimisation in MPTF
  • Enhanced COM functionality

A paper discussing bootstrapping and the Mack method is available here.


Older (2007) news is available here.