IFRS 17, DORA, rising claims volumes, a shortage of actuarial talent—the insurance industry is on the verge of a major transformation. But it is precisely this pressure that is accelerating a shift that was long overdue: away from rigid, off-the-shelf solutions with high licensing costs, and toward open, scalable Microsoft technologies that insurers can control themselves.
We help insurers modernize their core processes with Microsoft.
We are certified:
ISO 13485, ISO 27001, ISO 9001
Your actuarial department still relies heavily on Excel-based calculation models.
IFRS 17 calculations take too long or are difficult to scale.
Claims processing is spread across multiple systems and is difficult to automate.
Policy and contract information is not available centrally.
You want to use Microsoft technologies more strategically for insurance processes.
IFRS 17-compliant calculations do not have to rely on expensive off-the-shelf software.
With novaPredict, actuaries gain access to an open, modular projection tool on Microsoft Azure for actuarial calculations, profit testing, projections, and stochastic modeling.
Full control over customizations thanks to open interfaces—instead of vendor lock-in
A modular design that adapts to your processes, not the other way around
Azure On-Demand Scaling – The Performance Required by IFRS 17
Automated documentation from model to reporting—audit-compliant
Pay-per-use Instead of Fixed Licenses – Computing Capacity Without License Caps
Available in the Microsoft Azure Marketplace
Policies, contract data, terms and conditions, and documents all in one place—instead of scattered across drives, email inboxes, and specialized systems. M365-based contract management covers the entire contract lifecycle.
Central repository for all contract documents—searchable, version-controlled, and audit-proof
Automatic deadline reminders—no missed renewals or cancellations
Role-Based Access Rights – Sensitive Contract Data Accessible Only to Authorized Individuals
Seamlessly integrated into M365—SharePoint, Teams, and Outlook as the familiar foundation
Rigid off-the-shelf software, high licensing costs, and limited customization options. With novaPredict on Azure, the actuarial team now has an open projection tool that gives them full control over models and processes.
Contracts, quotations and policy orders used to be handled manually via Excel and email. Today, the core processes are automated – from the website form through SAP reconciliation to dispatch.
“Are you facing the challenge of modernizing your actuarial IT, automating processes, or digitizing your claims management? I look forward to discussing this with you.”
Alexander Elkin
Head of Intelligent Business Platforms | novaCapta GmbH
Specializes in the financial and insurance sectors.
With novaCapta since 2006. Developer of novaPredict.
My team and I look forward to hearing from you.
Alexander Elkin
Head of Intelligent Business Platforms
