Towers Watson ResQ Actuarial
Actuarial modeling software for insurance reserving and risk analysis.
Overview
Towers Watson ResQ is an actuarial modeling software designed to support insurance companies in reserving and risk analysis. It provides tools for loss reserving, pricing, and risk management using advanced statistical and actuarial methods.
The software integrates proprietary algorithms and supports machine-led reserving techniques to enhance accuracy and efficiency in actuarial calculations. It is used by actuaries to model insurance liabilities and to comply with regulatory and financial reporting requirements.
ResQ supports multiple lines of business and allows for flexible data input, scenario testing, and detailed reporting to assist in underwriting and actuarial decision-making processes.