Case Study: Zenith Actuarial achieves faster, scalable actuarial calculations with Plain Concepts' evo-insight

Zenith Actuarial cuts computing time from 24 hours to 20 minutes with Plain Concepts

Zenith Actuarial, an innovative consulting firm for the insurance sector, faced challenges scaling and governing the complex calculation models its clients often built as spreadsheets or Python scripts. To transform these end-user computing tools into a robust, scalable platform, Zenith partnered with vendor Plain Concepts to develop the evo-insight solution.

Plain Concepts implemented a solution using Azure Batch and Azure Data Lake, which created a highly scalable architecture that turned workbooks into computing APIs. This resulted in a massive reduction in computing time from 24 hours to 20 minutes and a 50% decrease in operational costs, allowing Zenith's platform customers to produce regulated scenarios in 30 minutes instead of 6 hours.

Zenith Actuarial