Turbocharge speed to market
with Coherent Spark
Watch intro video
With Coherent Spark, a pricing or rating actuary can use Excel to edit business logic, upload the model, and connected apps and systems will update in minutes.
Use case: Insurance
Meet Jenny
Jenny, an actuary for a large P&C carrier, is revising the rating model for a pet insurance product. Developing innovative products often relies on actuaries creating unique pricing models, and technology teams implementing them across multiple systems, which can take months to test and iterate.
With Coherent Spark, Jenny can:
- Retain direct control over change and test factors, variables, and assumptions in real time
- Run modelling simulations at scale in the cloud
- Understand the downstream impact of model changes
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