URLab

Reserving

Move from portfolio data to a best estimate ready for approval.

URLab agents prepare data, run claims-reserve and mathematical-reserve methods, compare scenarios, and document results. Actuaries retain control over assumptions and the final best estimate.

01

Preparation

Establish data quality before calculation.

The agent structures triangles, checks formats, and flags anomalies before any projection is run.

  • Triangle construction and updates
  • Completeness and consistency controls
  • Exceptions isolated for review
02

Modelling

Compare methods in a reproducible framework.

The agent uses authorised actuarial libraries across claims reserves and mathematical reserves: chain-ladder, Mack, cash-flow projections, mortality tables, and their variants.

  • Documented non-life and life methods
  • Scenarios compared on a common basis
  • Visible code and intermediate results
03

Industrialisation

Turn approved calculations into a production workflow.

Scripts co-created with agents and authorised libraries are chained into a governed, versioned workflow. At each close, the team replays the same method with its controls, stop points, and human approval.

  • Versioned scripts, parameters, and dependencies
  • Controls and approvals embedded in the workflow
  • The same method replayed for every production cycle

Pilot case

Test URLab on a representative close.

Start with one portfolio, your method, and your controls to evaluate efficiency and review quality.