We have been working with Patrick Lee of InQA over the past 18 years. He has been professional, helpful and proactive in supporting us to update the software regularly to meet our requirements. Overall, it is software that has helped us immensely over the past few years, and we look forward to our continued association with Patrick.

Unlike other actuarial valuation software, we find this software does not create a “Black Box” for the user with insufficient links between the input parameters and the final output produced. Instead the software shows the step by step calculations that lead to the final numbers produced in the output files. This feature not only gives the users a better understanding of the calculations but also more confidence in the results produced. The software is designed to give users flexibility to change the modelling methodology to suit various requirements.

We are currently using a customized software by INQA which enables us to carry out our actuarial valuation of employee benefit plans outside the UK. The software is accurate and efficient and more importantly has an interface which is easy to understand.