Wolfram technologies include thousands of built-in functions and curated data on many topics that let you:

• Import life tables or other spreadsheets and easily do complex calculations
• Calculate present values of expected premiums or benefits to set pricing for insurance policies
• Create interactive tools for quick calculations or presentations and deploy them to others with Wolfram CDF Player or webMathematica
• Visualize your data in any way you choose, including creating interactive plots
• Compare possible premiums and payments of several policies
• Predict the number of events or survivors with built-in Nelson-Aalen and Kaplan-Meier estimators
• Rapidly design policies to meet regulatory demands
• Develop operational predictive modeling tools to improve handling of key aspects of some common property and automobile insurance claims

Does your current tool set have these advantages?

• Gain accuracy and reliability for your premium and payout calculations by performing symbolic computations, not just numeric ones
  Excel and statistical packages have built-in routines that only handle numeric calculations
• Ensure accurate results in probability and financial calculations with fully automated precision control and arbitrary-precision arithmetic
  All systems like Excel or statistics programs that rely on machine arithmetic can show critical errors due to numerical accuracy failure
• Create highly customized, presentation-quality visualizations, including line graphs, bar charts, and scatter plots, to share results with others
  SPSS requires explicit programming for customized charts
• Work with 35 properties of 100 new distributions with specialized coverage for insurance and finance
  The Wolfram Language has more built-in distributions than any other system
• Refer to interactive examples specific to actuarial science and insurance in the documentation
• Import, analyze, and deliver results in one interactive document instead of across several applications