Specific Software Solutions

Software tools for risk management and insurance professionals

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Specific Software Solutions is now part of Zywave, Inc.

"A terrific, easy to use tool..."

 

 - James A. Warters
Preferred Group

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Product Overview



Professional Analyses

Timely Updates

Loss Forecaster WebHelp

Loss Forecaster FAQs

Getting Started Video
 
System Requirements

Technical Support

What Our Users Say

How to Buy

 

 

 

 

 

 

 


Easy to do, easy to update,
powerful actuarial computations.

Loss Forecaster

 
  • is easy to use Windows software for forecasting losses and estimating required reserves for property and casualty losses

  • includes a complete database of loss development and trending data

  • uses both incurred and paid methodology for analyses

  • can be tailored for your specific needs

 
 
 
 

Professional analyses right at your fingertips.

Loss Forecaster enables you to

 
  • analyze up to 15 historical policy periods and project losses for the coming policy period

  • complete reserve analyses to meet regulatory and financial reporting criteria

  • prepare loss projections to define risk retention levels and policy limits

  • determine the effectiveness of a client's loss control program

  • prepare risk management due diligence evaluations

  • make recommendations for company mergers, acquisitions, or divestitures

  • prepare self-insurance feasibility studies

  • perform analyses to compare alternative loss financing methods (for plan evaluation analytical tools, see NPVision)

  • generate a detailed report showing each step in the loss forecasting process

  • compute the pure loss rate for each of the past policy periods in the analysis

  • graphically show the selected estimated ultimate incurred loss for each of the past policy periods

  • graphically show the pure loss rate for each of the past policy periods

  • create an estimated schedule of loss payments

  • compute the net present value of future loss payments

  • export analysis data to Microsoft Excel

 
 
 
 
 
 
 
 
 
 
 
 
 
 

Timely updates and  support.

Your subscription to Loss Forecaster includes

 
  • the software and a complete database of loss development factors and trending data

  • a comprehensive help system that is part of the software, as well as technical support and FAQs through this web site

  • free toll-free telephone and email tech support

  • all database updates and software enhancements

 
 
 
 

  Sales/General Information: See our contact page
  Product Support: Contact Zywave Partner Support

 

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