Igloo provides a powerful, flexible and intuitive simulation based modelling platform particularly suitable for the modelling of risk for P&C insurers. At the center of many firms Solvency II solution, it also provides deep insights into broader business performance. Igloo Cloud combines the market leading modelling capabilities of Igloo with the compute power of Azure to significantly enhance the overall Igloo proposition. Provision of on demand supercomputing combined with simplified IT and the potential for significantly reduced end to end costs allows clients unprecedented, affordable, near real time risk modelling.
Igloo allows P&C insurers to understand their risks and the consequences of their strategy and actions on the solvency and financial performance of the business. Igloo is highly flexible and powerful whilst remaining intuitive, providing ready to go modelling functionality for most businesses and the capability for bespoke functionality for more unusual business features. As a powerful simulation based tool to support regulatory solvency and business strategic decision making, Igloo is compute intensive. Bigger, more complex models often require significant hardware and IT resources for Igloo insights to be achievable in the timescales required.
Igloo Cloud delegates compute requirements to an Azure based SaaS environment, transforming the client user experience: