Towers Watson has released version 4.3 of its Emblem pricing software, which was designed to deliver significant speed improvements, performing 20 percent faster than the previous version, according to Towers Watson. P&C insurers use Emblem to model claim experience and business demand in order to price premiums effectively.
Emblem XE 4.3 was designed for companies with exceptionally large data sets. It takes advantage of multiple processors, up to 128 processor threads and 64-bit systems. In comparative tests on a variety of typical pricing models and hardware/software configurations, Emblem XE 4.3 performed, on average, five times faster than the previous version and 30 times faster than the previous standard edition, Towers Watson said.
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