Predictive Modeling has been a dominant topic in actuarial science for over a decade. In 2012, Gross Consulting released Cognalysis MultiRate – a Windows-based predictive modeling application built for practicing actuaries, by practicing actuaries.
In 2018, Gross Consulting and the CAS announced that all actuarial students registered with CAS Student Central would receive a complimentary license to MultiRate, for personal, academic, or commercial use.
This year, Gross Consulting is excited to announce Version 5 of MultiRate, which will include a number of dramatic improvements to both modeling options and modeling process.
- Guided modeling process
- Dramatically improved auto-improvement performance
- Unstructured text analytics
- Sophisticated variable interaction effects
- Creation of DLL for integration of final models into Excel, R, etc.
To register for the release webinar and see all the features of MultiRate Version 5 in action, go to http://www.cgconsult.com/V5
More about Cognalysis MultiRate:
MultiRate implements a predictive modeling approach based on multiplicative models, grounded in Bailey Minimum Bias, but incorporating rigorous performance testing of alternative models, incorporation of credibility, smoothing techniques, intelligent binning of continuous variables, automated model improvement and more. The result? Predictive models that are powerful, robust, implementable, intuitive, and explainable.
We believe that predictive modeling should be a part of every practicing actuary’s toolset. We also believe that being a programmer or data scientist shouldn’t be a barrier to entry for predictive modeling. Cognalysis MultiRate is a predictive modeling tool build for actuaries, by actuaries.
To see how MultiRate can help you make Predictive Modeling a part of your core toolset, join our webinar June 27 as we discuss this feature in more detail, and the rest of the new features in Cognalysis MultiRate V5.