Towers Watson has released a new version of its Igloo financial modeling software for P&C insurers. New features include heightened performance, better integration between desktop users, enhanced reporting and more extensive functionality within its data control component.
Towers Watson says Igloo 4.2 complements risk management services, including model development, validation, governance, risk appetite measurement and assessments. Improved reporting and interface capabilities are designed to allow users to take advantage of Igloo’s modeling and enable easier deployment of models to end-users. Advancements in database connections also make the implementation of model governance procedures simpler.
The new version features entry-level Igloo Express and Igloo Express Plus editions, lightweight editions of Igloo, and visual reports, says Towers Watson. With Igloo Express Plus, users also can view, though not modify, their model structure and formulas.
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