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

ICRFS-Plus™ - Unique Long-Tail Liability Enterprise Risk Management System

ICRFS-Plus™ is the world's first and leading probabilistic actuarial software providing a complete, statistically sound, solution for managing, modelling, and monitoring long-tail liabilities.


Applications include:

  • Reserving,
  • Pricing (underwriting),
  • Monitoring trends,
  • Solvency II and related risk capital calculations,
  • Reinsurance evaluation and pricing, and
  • Modelling multiple lines, segments, or layers.

New features in version 10.5 include Insureware's Solvency II one-year risk horizon solution, database security enhancements, and Aggregate LRT (ALRT).


ICRFS-Plus™ incorporates powerful data and information management facilities: COM automation for importing data from any other database, and a database management system capable of handling thousands of triangle groups within which numerous triangles and models can be stored. Importing A. M. Best and NAIC Schedule P into an ICRFS-Plus™ relational database provides a wealth of information.


Unique, innovative modelling frameworks:

  • Multiple Probabilistic Trend Family (MPTF)
  • Probabilistic Trend Family (PTF)
  • Extended Link Ratio Family (ELRF)
  • Link Ratio Techniques (LRT)
  • Aggregate Link Ratio Techniques (ALRT)

View a full scale demonstration of ICRFS-Plus™ here

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