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Description
Addactis provides a comprehensive SaaS platform tailored for actuarial risk management, effectively addressing both regulatory compliance needs and the financial aspects of profitability within life and non-life insurance sectors. This cloud-based solution is designed to be scalable and secure, focusing on four essential pillars: seamless integration, efficient workflows, advanced analytics, and AI-powered integration. It features a range of integrated business applications, such as IFRS 17 for precise contract monitoring and profitability analysis; reserving tools that utilize best practices to enhance and streamline reserving processes; capital modeling capabilities that ensure adherence to Solvency II and other regulatory standards like RBC and SST; as well as pricing solutions that facilitate a comprehensive approach from technical premium evaluation to rating, all aimed at fostering data-driven accuracy and enhancing profitability strategies. With over three decades of experience in consulting and research and development within the insurance industry, the platform incorporates sophisticated methodologies, practices, and actuarial knowledge to deliver exceptional results. Ultimately, Addactis stands out as a leader in the actuarial software space, empowering insurers to navigate complexities with ease and confidence.
Description
Shift’s Compliance Risk platform is designed to help insurers navigate the challenges of AML, KYC, and financial crime prevention at scale. In an environment where $300B is laundered annually in the U.S. alone, its predictive AI enables real-time detection of suspicious activity across networks, policies, and claims. The system automates checks like sanctions screening, politically exposed persons (PEP) reviews, and unusual scenario detection, significantly reducing investigation times. AI-driven entity resolution minimizes false positives through deduplication and smart data cleansing, giving compliance teams more confidence in their findings. Insurers can accelerate customer onboarding by cutting delays tied to compliance checks, improving buyer journeys while ensuring regulatory requirements are met. With 200+ insurance-focused data scientists behind it, Shift combines deep industry expertise with scalable AI. Case studies show global health and life insurers detecting hundreds of high-risk scenarios and replacing legacy compliance systems with greater accuracy. By reducing operational strain and mitigating risk, Shift enables compliance teams to stay ahead of both regulators and fraudsters.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Addactis
Founded
1993
Country
Belgium
Website
www.addactis.com/solutions/
Vendor Details
Company Name
Shift Technology
Founded
2013
Country
France
Website
www.shift-technology.com/products/compliance-risk
Product Features
Product Features
AML
Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List