Choosing an actuarial modeling platform for model validation work requires looking at how well it supports the validation process itself. Important considerations include transparency, flexibility, control, customer support, product coverage,
By Igor Nikitin, ASA, MAAA CEO, Nice Technologies LLC One of the biggest misconceptions about AI-assisted software development is that generating code is the same thing as delivering software. Just
It was a day packed with insights and inspiration as Igor Nikitin, Co-founder and CEO of Nice Technologies, shared his story in the Spring 2026 series at DePauw University. The
By Igor Nikitin, ASA, MAAA CEO, Nice Technologies LLC. Based on a true story of Pricing Reinsurance or Similar Risk Transfer Transactions Involving Life Insurance, Annuities, or Long-Duration Health Benefit
“The next technological breakthrough will integrate with Python first.” That was one of the key points made at the SOA ValAct conference session on actuarial modernization. In that presentation, it
By Igor Nikitin, ASA, MAAA CEO, Nice Technologies LLC What does the video game industry of the 1990s and today’s actuarial software have in common? More than you might expect! As
By Igor Nikitin, ASA, MAAA CEO, Nice Technologies LLC This article explores the current state of AI and demonstrates that cost-effective replacement of traditional actuarial models with AI is unlikely
On October 22, 2024, Nice Technologies hosted a ribbon-cutting and launch event at the Northeast Indiana Innovation Center (NIIC) in Fort Wayne, IN. The event marked a significant milestone as
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