AEGON (The Hague, $67 billion in revenue) has selected Towers Perrin's MoSes actuarial analysis and reporting platform for use globally. The life, investments and pensions company had already been using MoSes for the past five years at some of its businesses in the United States, Europe and Asia.
The MoSes platform provides comprehensive actuarial analysis and reporting for typical life insurance and annuity products marketed around the world, according to a Towers Perrin source.
"For a company like AEGON, effective risk management is vitally important, and to have an actuarial modelling system like MoSes available group-wide is a necessity," says Tom Grondin, executive vice president and chief risk officer, AEGON. "Having more consistency in modelling platforms allows more effective sharing of data and leveraging of centrally developed applications."
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio