Sold by: Montoux Inc.
Montoux's actuarial automation platform shifts actuarial workload to the AWS cloud, enabling end-to-end actuarial process automation allowing actuaries to become more effective and create greater value for insurers. By replacing or augmenting the many, fragmented systems typically used during the actuarial process, Montoux provides a singular platform that handles data ingestion and transformation; model creation and execution; along with output, reporting and analysis.
Overview
Montoux's actuarial automation platform shifts actuarial workload to the AWS cloud, enabling end-to-end actuarial process automation allowing actuaries to become more effective and create greater value for insurers. By replacing or augmenting the many, fragmented systems typically used during the actuarial process, Montoux provides a singular platform that handles data ingestion and transformation; model creation and execution; along with output, reporting and analysis.
Highlights
- Free up high value actuarial resources to analyze output and provide new strategic business insights by automating time consuming and labor intensive tasks.
- Increase efficiency and reduce model run times from hours or days down to minutes. Fully leverage the scalability and elasticity of AWS services to eliminate the need for queues and long waits before model runs even begin
- API integrations allow for further enhancement to the platform's native suite of capabilities so actuaries can use their favorite tools like PowerBI and Tableau.
Details
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Delivery method
Deployed on AWS
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Pricing
Pricing is based on the duration and terms of your contract with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.
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Dimension | Description | Cost/12 months |
|---|---|---|
Level 1 | Annual Subscription | $250,000.00 |
Level 2 | Annual Subscription | $500,000.00 |
Level 3 | Annual Subscription | $1,000,000.00 |
Level 4 | Annual Subscription | $2,000,000.00 |
Level 5 | Annual Subscription | $5,000,000.00 |
Dimensions summary
You buy this actuarial automation platform through an annual subscription contract. Pricing comes in five levels, Level 1 through Level 5. Each level is a separate annual subscription tier. You select the level that matches your needs, and the levels scale in steps. Higher-numbered levels reflect a larger subscription commitment. All five options bill on the same annual term, so you commit for one year at the level you choose.
Top-of-mind questions for buyers
Each level, from Level 1 to Level 5, is a separate annual subscription tier. The levels scale in steps, with higher-numbered levels reflecting a larger subscription commitment. You pick the single level that matches your needs. The pricing table does not detail what capacity or feature scope each level covers, so confirm those specifics with the vendor.
The platform provides actuarial modeling and automation tools. These cover model replication and migration, automated experience studies, and an AI copilot for actuaries that supports model governance, documentation, and transparency. It runs through a cloud-based, web-based interface. The subscription levels themselves do not name which tools each level includes.
You commit to one level for a one-year annual term. Each level bills as its own annual subscription, so you select a single tier rather than combining them. To change the level you hold, contact the vendor, since the pricing data does not describe automatic upgrades between levels.
montoux.com
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Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
Resources
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Support
Vendor support
Customer Success and Technical support support@montoux.com
AWS infrastructure support
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