AI That Takes Admin Off Your Actuaries
Actuarial teams spend credentialed time writing up results and documenting models. 12² builds report and documentation templates in the team's environment; data stays in the company tenant.
Actuarial Report Drafting Desk · From $4,500 + $349/mo, by team size · proposed estimate · It says it is an automated assistant whenever it talks to someone directly, and your team reviews what it drafts before it goes out.
Ai for actuaries: the short answer.
12² builds AI for carriers and consulting firms that takes routine work off their actuaries: drafting report narrative from your results, drafting model documentation from code and notes, summarizing data checks and drafting management memos. It runs inside the tools you already use. The credentialed actuary still signs every opinion.
Sources
- General coding evidence, not a study of this job: developers with GitHub Copilot finished a set programming task 55.8% faster in a controlled trialarxiv.org
- General office-writing evidence, not a study of this job: in an RCT, ChatGPT cut professional writing time 40% and raised quality (Noy & Zhang, Science 2023)news.mit.edu
Research figures above describe the cited studies, not results 12² promises. Results vary. Disclosures
Where the hours go now.
Drafting report narrative from the actuary's results
Actuarial teams spend credentialed time writing up results and documenting models.
Drafting model documentation from code and notes
Rebuilt from scratch each time, usually at the end of the day.
Summarizing data-quality checks
Hours go to reading and re-reading before the real work starts.
What it handles, and what it never does.
What it handles
- Drafting report narrative from the actuary's resultsIt drafts report narrative from the actuary's results.
- Drafting model documentation from code and notesIt drafts model documentation from code and notes.
- Summarizing data-quality checksIt summarizes data-quality checks.
- Drafting memo summaries for managementIt drafts memo summaries for management.
- Hand-off to your teamAnything that needs a person goes to the right person, with the details attached.
What it never does
- Make up a price or a factIt works only from the documents, records and price lists you give it. Anything it can't find goes to your team.
- Promise a resultQuestions about outcomes go to the person who does the work.
- Pretend to be a personIt says it is an automated assistant whenever it talks to someone directly.
- Send anything on its ownDrafts wait for your team's approval before anything goes out.
Built and tested on your own work.
Before handoff, we run your build on your own real examples and fix anything that misses.
- Tested on your own workBefore handoff, we run your build on your own real examples and fix anything that misses.
- Retainer, then balance on deliveryRetainer up front. Work starts once the retainer is paid; the balance is due on delivery when the agreed test cases pass.
- Fixed price, scope and timelineAll three in writing before work starts. The timeline is set in your quote.
- What 12² buildsReport and documentation templates in the team's environment; data stays in the company tenant.
- How it connectsWe confirm how it connects to the tools you already use on the first call and write it into your quote.
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See also: all industry packages · pricing
From $4,500 + $349/moSetup + monthly, by size. The monthly fee covers monitoring, fixes and re-tests for your package as your templates, documents and staff change. AI and software usage is billed at cost. Proposed starting estimates by team size, not fixed prices; the final price is in a written quote.
- Small: Small firm (1-10 staff)From $4,500 + $349/mo. The core build for 1-10 staff: report and documentation templates in the team's environment; data stays in the company tenant. Proposed estimate. Small tier; monthly covers hosting, monitoring and fixes.
- Mid-size: Mid firm (11-50 staff)From $9,500 + $750/mo. Everything in Small firm, for more users, inboxes and calendars, with hand-off rules set for each role. Proposed estimate. More users, locations or integrations.
- Enterprise: Large firm / enterprise (50+ staff)From $25,000, custom quote. Everything in Mid firm, across locations or departments, with system integrations and a security review scoped in your custom quote. Proposed estimate floor; scope, integrations and security review set the final number. No cap.
- Retainer up front Work starts once the retainer is paid; the balance is due on delivery when the agreed test cases pass. Scope, price and timeline are agreed in writing before work starts.
- You own itThe accounts, scripts, templates and data sit in your name. You can leave at any time.
- Compliance and dataActuarial standards of practice apply (detail unverified); the credentialed actuary signs every opinion.
- Not professional advice12² is not an insurer, agency or adjuster, does not handle claims and does not perform licensed insurance activity. Coverage, claim and value decisions stay with your licensed staff. 12² builds software and automations. It is not a licensed professional in your field, and your team makes every professional decision. Disclosures
Straight answers.
Does AI set reserves or rates?
No. Actuaries do; it drafts narrative and documentation.
How does payment work?
Retainer up front. Work starts once the retainer is paid; the balance is due on delivery when the agreed test cases pass.
How long does it take?
Timelines are set per project in the quote, after we see your systems and volume.
Are these prices final?
No. They are proposed starting estimates. You get a written custom quote after a short scoping call.
Tell us how the work gets done now.
A few lines is enough. If it's a fit we'll say so, and if it isn't we'll tell you why.
- You'll hear back within one business day12² reads your note and replies about your project.
- A free 20-minute callHow the work runs now, what gets missed, and what your team needs from it.
- A fixed quoteYour size, scope, date and price in writing before any work starts.
Prefer email? Write to [email protected]
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