WTW Boosts Actuarial Performance with GPU-Enabled RiskAgility Financial Modeller

Quick Summary

WTW has launched a GPU-enabled update to its actuarial modelling software, RiskAgility Financial Modeller. By integrating GPU acceleration with AI, life and health insurers can achieve up to 100x cost savings, enabling real-time product pricing and faster, more interactive strategic financial decision-making across global markets.

How Does GPU Acceleration Improve Actuarial Modelling Software?

The integration of actuarial modelling software with GPU execution allows insurers to process high-volume projections with unprecedented efficiency. By leveraging the parallel processing power of GPUs alongside WTW’s Gen-2 engine, firms can optimise complex models that were previously constrained by traditional CPU limitations.

• 100x cost savings identified in early testing scenarios.
• Dual execution modes allowing users to switch between GPU and CPU.
• Scalable computing resource via vGrid for on-demand processing power.

This technical leap ensures that financial and capital modelling becomes a dynamic tool rather than a slow back-office process. The ability to run high-volume projections faster means insurers can respond to market volatility in hours rather than days.

What Strategic Advantages Does RiskAgility FM Offer Insurers?

Beyond raw speed, the latest actuarial modelling software update focuses on usability and intelligence. By combining GPU-driven performance with first-to-market AI capabilities, WTW enables pricing teams to develop insurance products in near real-time, significantly reducing the time-to-market for new offerings.

• Real-time product development for competitive pricing strategies.
• Direct model interrogation for executives to explore business outcomes.
• Unified reporting platform that governs all financial modelling needs.

"Crucially, this is about more than speed. By combining GPU acceleration with our first-to-market AI capabilities, we are enabling a fundamentally different way of working. Pricing teams can develop products in near real time, while executives can directly interrogate models to explore the business outcomes of their decisions." said Mark Brown, Global Life Lead, Insurance Consulting and Technology, WTW.

FF NEWS TAKE:

WTW’s move to bring GPU acceleration into the mainstream of actuarial modelling software is a significant needle-mover. In an era where data volumes are exploding, traditional CPU-bound processes are becoming a bottleneck for innovation. By claiming potential 100x cost efficiencies, WTW isn't just incrementalizing; they are redefining the cost-to-insight ratio for life and health insurers. This sets a new benchmark for the insurtech sector.