We are currently using ReservePro for loss reserve analysis, why should we try ReserveMaster?
ReserveMaster is better than ReservePro in many areas. The key area is data importing. Triangle data must be carefully and painfully prepared in order to use ReservePro. Instead, ReserveMaster is architected much more powerful and flexible. You could just import a simple text file or excel file like, “Field1” “Field2” “Field3” “Field4” “Field5” 1 1986 213 1493649.90 41000.00 1 1986 214 1493649.90 41000.00 1 1986 215 1493649.90 41000.00 1 1986 216 1493649.90 36000.00 1 1987 202 2042709.81 17000.00 1 1987 203 2042709.81 17000.00 Data will be converted to triangles in the system directly. You can immediately start using ReserveMaster to do your study or you can export triangles to Excel file to do special study. Our advanced design and architecture allow ReserveMaster to be a combination of triangle processor and reserve analysis tool. Another advantage for ReserveMaster is its structure. ReserveMaster is currently set up to estimate 4 elements: Loss, DCC, Counts and Salvage & Subrogation
Related Questions
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- We are currently using ReservePro for loss reserve analysis, why should we try ReserveMaster?