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IBNR Reserves

IBNR Claims Reserves

Automate and standardize the IBNR reserving process with fast and precise claims estimates.

Achieve the accuracy of a sophisticated IBNR calculation without the lengthy turnaround time or high fees.

Calculate IBNR reserves in just a few clicks.

Export client reports and a complete auditor’s package for easy approval.

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Included components of the ClarosReserve IBNR Estimate:

  • Reserve estimate summary
  • Reserve detail
  • Completion factor development
  • Large claim allocation
  • Outliers in the lag triangle
  • IBNR reserve estimate documentation
  • Speed of payment
  • Prior reserves
  • Target trend analysis
  • Seasonality analysis

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