What is Actuarial Resources?
Established in 1987, Actuarial Resources Corporation (ARC) is a distinguished provider of actuarial software and consulting services, best known for its ARCVAL application, which is utilized by more than 50 insurance companies. ARC offers comprehensive actuarial support across the entire insurance enterprise, facilitating modernization initiatives and bridging the gap between actuarial functions and IT resources. The firm caters to a global clientele, delivering specialized consulting services including ARCVAL System Consulting, Prophet Modeling, and Health Insurance Consulting. ARC's commitment to innovation is central to its mission of enhancing the efficiency and effectiveness of actuarial processes within the insurance industry.
How much funding has Actuarial Resources raised?
Actuarial Resources has raised a total of $120K across 1 funding round:
Debt
$120K
Debt (2021): $120K with participation from PPP
What's next for Actuarial Resources?
With the recent infusion of capital, Actuarial Resources is well-positioned to accelerate its growth and further develop its innovative solutions for the insurance market. The large-scale, late-stage funding suggests a strategic focus on scaling operations, expanding market reach, and potentially investing in new technologies or acquisitions. This investment will likely enable ARC to enhance its ARCVAL platform and consulting services, reinforcing its role as a key partner for insurers navigating complex actuarial challenges and digital transformation.
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