AllRisk^TM has been in development for over 10 years. Through our experience, we have learned a considerable amount about the risk modeling process. We have researched and developed a number of algorithms to make the program faster and more efficient. AllRisk^TM can turn around results in a fraction of the time that other models require, while making more sophisticated loss calculations. It does this by reducing many numerical calculations to much more efficient analytical techniques. Most of these techniques have been derived from our own research.

AllRisk^TM is particularly adept at modeling extreme loss conditions. Because we account for loss correlations, we have been able to gain an edge on predicting losses at the tail end of the loss distribution. This is particularly important when negotiating reinsurance contracts. Expected losses can be significantly different when correlation effects are properly included.

AllRisk^TM models most types of reinsurance contracts. We are not limited to 1,000 or 10,000-year simulation of events because we don’t use a monte-carlo method of simulation. Our approach uses analytical procedures that better represent these rare, extreme events. This approach is also beneficial when considering multiple event occurrences in a single year.