Montoux

Introducing the first AI copilot for actuaries! We’re proud to announce the launch of the first AI copilot built specifically for actuaries - Model Copilot. Model Copilot improves risk and compliance through better model governance and transparency, frees up actuarial time spent on model documentation and understanding, and is built with the security required by modern enterprises. Ready to learn more or get a demo? Head over to https://www.montoux.ai #GenerativeAI #ActuarialAI #AIforActuaries #Montoux #ModelCopilot

????US-based annuity actuaries, this one's for you! ???? There are major changes coming to VM22 (which governs principle-based reserving for non-variable annuities). “This will introduce more complex reserving regimes and as a result, increase the pressure on existing systems and infrastructure. The bottom line? Technology will be key in managing this, especially with the added compute resources required,” believes our Chief Product Officer Stephen Carlin. You can either respond to change; or anticipate it and get ahead... Montoux is working hard to help you do the latter. Get in touch if you’re not keen on being caught by surprise when your tech can’t keep up…

??Must watch session alert?? Matt Wright will be speaking on "The True Cost of Compute: Myths, Realities and How Actuarial Teams Can Optimize" at this year's Actuarial Technology Summit 2024. "With data demands skyrocketing, compute costs have become a critical concern for actuarial teams looking to innovate without blowing their budgets. In this session, we’ll unpack the key drivers behind compute costs in actuarial modeling, separating myth from reality," says Matt. Sign up for the conference at the link below, and get access to the sessions which make up over 20 hours of continuing education credit (for only $50). It's VIRTUAL; so you can listen in with your ??! https://lnkd.in/gMnbw7sy

?? Is your incumbent actuarial modeling platform holding you back? ?? Here’s are a few red flags to watch out for… ?? 1?? High-agility modeling: Pricing and product innovation requires you to develop ‘what if’ scenarios quickly; and this isn’t compatible with the rigid, governance-heavy systems used for valuations. 2?? Complex modeling for unique products: Trying to launch new products but your tech can’t keep up? Your system might be stifling your growth potential. 3?? Spreadsheet overload: Is your your team is at breaking point with spreadsheets or Access databases? It could be time to replatform before something snaps. ????If this is you, let’s have a chat! ???? “We help customers ready for wholesale change; and those who are ready to supplement their platforms with technology that can quickly, efficiently and accurately address some gaps in their ecosystem,” says our Co-CEO Shelley Cox. #ActuarialTech #Growth #Innovation #Replatforming

Why do we believe the actuarial industry is ripe for ‘amplification’???? “Actuaries have spent the better part of two decades solving gnarly regulatory challenges. This monopolised our time; putting paid to other focuses such as platform modernisation. We worked with what we had because we didn’t have enough time to question what ‘could be’,” says our Co-Founder and Co-CEO Klaas Stijnen. Fast forward to today, and teams find themselves with newfound capacity to focus on productivity and the ‘amplification’ of their skills. Innovative actuaries are asking questions; and we're working hard to amplify their superpowers through technology and AI tooling. The era of disruption isn’t coming, it's here. “We’re excited to see where we go and what actuaries will be capable of now that they have the mandate to innovate,” says Klaas.

The pressure on actuaries today is relentless... ??Growing regulation ??Cost pressure? ??A market hungry for smarter, more competitive pricing and products. The answer seems obvious - leverage the best technology to do more with less (or even just keep pace!). But innovation isn’t just a matter of ‘wanting it’; platform modernization comes with a unique, compounded set of challenges. In his latest piece for Finextra, Klaas Stijnen talks about overcoming the 'double hurdle': Hurdle 1: The myth of ‘Nothing better’ Hurdle 2: The ‘Impossible’ migration myth Read the full piece here > https://lnkd.in/geXDNjPS

???? Annnnnnd we're ready! Shelley Cox and Stephen Carlin are at the 2024 Society of Actuaries ImpACT Conference for the next few days to talk about how Montoux can help accelerate your potential... ?? On-ramp to the future: Seamlessly migrate from legacy systems to a future-ready solution. ?? Speed of implementation: Get up and running in weeks, not months. ?? Open ecosystem: A platform built to adapt and grow with your needs, not trap you in someone else’s. ?? Affordable transformation: Future-proof your actuarial work without skyrocketing costs. ?? Flexibility at its core: Tailor Montoux to suit your unique actuarial challenges, and adjust as you go We can’t wait to connect!

????US-based actuaries, this one's for you! ???? We have a coffee with your name on it! ?? Shelley Cox and Stephen Carlin are heading to the 2024 Society of Actuaries ImpACT Conference next week (Oct 27 - 29); and YOU are invited to come and have a chat at our stand or (even better) set up a coffee with us! Let’s talk about your business, your biggest challenges and how Montoux can help. We can’t wait to connect!

We’re delighted to announce that Montoux has been selected by FinTech Global as one of the world most innovative InureTech companies in 2024 as part of #insureTech100. It’s our mission to enable actuaries to become 10x more effective through technology and AI, and we’re excited that our commitment to innovation has been recognised. #GenerativeAI #ActuarialAI #innovation #lifeinsurance

We’re very excited that today our Co-CEO Shelley Cox will showcasing our innovation on stage alongside the other finalists for the Sureify Life Insurance and Annuity Innovation Award, at the the Life Insurance & Annuity Ecosystem Summit during ITC Vegas. If you're at the summit, come along to her session on Montoux Model Copilot - Harnessing the Power of AI to Enable Model Governance and Documentation. #innovation?#generativeAI?#lifeinsurance?#annuities #Sureify #Summit? #ITCVegas2024