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

ICRFS-Plus™ Training videos

Videos marked with an (*) contain discussion of new content in ICRFS-Plus™ 12.

If for any reason you are unable to view the training or demonstration videos, please contact our support staff at support@insureware.com and we will arrange to send you a copy of the videos on CD-ROM. You will be able to run the videos from the CD.

The training videos should be used for hands on training. We suggest you run the videos on a separate computer using a data projector, and train as a group.

The only way you will learn all the new concepts and be able to exploit all the immense benefits is by using the system. Experiential learning is imperative.

It is important that you study the videos in sequential order as set out below.

Table of Contents

1. Introduction to ICRFS-Plus™ 12 and modelling modules

2. Modelling using the Link Ratio Techniques and Extended Link Ratio Family modelling framework

3. Introduction to the Probabilistic Trend Family modelling framework

4. Modelling real data (CTP) in the PTF modelling framework

5. TG CS5: heteroscedasticity and varying parameters

6. TG ABC: modelling wizard, simulations, and release of capital as profit

7. Importing of data from other applications and COM Automation

8. Further PTF Modelling Examples

9. Layers and the PALD Module

    10. Introduction to MPTF

    11. Clusters and MPTF Concepts

    12. Capital Management of long tail liabilities

    13. Solvency II one year risk horizon: SCR, Best Estimate of Liabilities (BEL), Technical Provisions (TP), and Market Value (Risk) Margins (MVM) for the aggregate of long-tail LOBs

    14. Other applications of the MPTF modelling framework

    15. The Bootstrap: how it shows the Mack method doesn't work

    16. Updates from 10.6 to 11