Head-to-head · Insurance Analytics Software
Aon PathWise vs SAS Insurance
Aon PathWise leads on 0 checks, SAS Insurance on 1, and 0 are even. Who comes out ahead on the 1 yes/no, price and count check where we have data for both products. The editor score weighs everything else too.
Our verdict
- Highest scoreAon PathWise · 9.4/10
- Most featuresSAS Insurance · 1 of 1
Aon PathWise scores higher on our rubric for insurance analytics software: 9.4 against 9.2 out of 10; our editors rank them #1 and #3.
SAS Insurance offers catastrophe modeling; Aon PathWise doesn't publish it. On deployment, SAS Insurance gives you Hybrid where Aon PathWise offers Cloud.
Aon PathWise is the better fit for enterprise actuarial and financial risk analytics. SAS Insurance is the better fit for insurers needing governed analytics and reporting.
- Aon PathWise fits best
Enterprise actuarial and financial risk analytics
- SAS Insurance fits best
Insurers needing governed analytics and reporting
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Side by side
| Feature | Aon PathWise 9.4/10 Visit ↗ | SAS Insurance 9.2/10 Visit ↗ |
|---|---|---|
| At a glance | ||
| Editor score | 9.4 | 9.2 |
| Ranking | #1 in Insurance Analytics Software | #3 in Insurance Analytics Software |
| Best for | Enterprise actuarial and financial risk analytics | Insurers needing governed analytics and reporting |
| Pricing model | Paid | Paid |
| Starting price | Not published | Not published |
| Free plan | Not published | Not published |
| Free trial | — | — |
| Deployment | Cloud | Cloud, Self-hosted |
| Platforms | Web | Web |
| Built for | Enterprise | Mid-market, Enterprise |
| Features Aon PathWise 0/1 · SAS Insurance 1/1 | ||
| Catastrophe modeling | Not published | ✓ (best) |
| Specs | ||
| Analytics areas | pricing; product development; projections; valuation; financial reporting; capital management; asset-liability management; hedging; economic scenario generation; risk analytics | underwriting; claims; fraud detection; risk and compliance; actuarial modeling; pricing and ratemaking; capital management; regulatory reporting |
| Modeling methods | stochastic simulations; nested simulations; real-world and risk-neutral economic scenario generation | actuarial frequency/severity distributions; premium and risk modeling; explainable machine learning; stress testing; sensitivity analysis |
| Deployment | Cloud | Hybrid |
| Data connectors | Python-based ETL tools and scripts; REST API; upstream data sources and downstream finance and risk systems; integrated data warehouse | internal and external historical data sources; prebuilt data-loading capabilities; Python and R model options |
| Output formats | Not published | XLS; XBRL; customizable dashboards; web-based ad hoc reports |
| Our review | ||
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| Cons |
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| Our verdict | Aon PathWise is an enterprise actuarial modeling platform for life and annuity insurers and reinsurers. Its scope spans pricing and product development through projections, valuation, financial reporting, capital management,… Read the review → |
SAS Insurance is a portfolio of analytics and AI solutions for insurers, rather than a single packaged product. Its stated scope spans underwriting, claims, fraud detection, risk and compliance, actuarial modeling, pricing, capital… Read the review → |
Strengths and trade-offs
Aon PathWise — where it wins
- Covers pricing, valuation, capital, ALM, hedging and financial reporting.
- Runs large-scale policy-level, stochastic and nested simulations on a GPU-native engine.
- Combines ETL, workflow orchestration, version control and audit trails.
Where it doesn't
- Pricing requires contacting Aon rather than selecting a published plan.
- The enterprise focus may not suit smaller insurers seeking a narrower tool.
- Deployment approaches are tailored to client needs and require planning with Aon.
SAS Insurance — where it wins
- Covers underwriting, claims, fraud, actuarial, capital and regulatory workflows
- Supports Solvency II and ICS 2.0 calculations and reporting
- Offers explainable machine learning, model governance and stress testing
Where it doesn't
- Portfolio capabilities and deployment choices vary by SAS offering
- Pricing is provided by request rather than published as standard plans
- Docs are the stated support channel
- Aon PathWise9.4/10 · Pricing on request
A broad actuarial and risk platform for enterprise life and annuity insurers and reinsurers.
Visit AonFull verdict → - SAS Insurance9.2/10 · Pricing on request
A broad insurance analytics portfolio for insurers managing actuarial, capital and regulatory work.
Contact SASFull verdict →
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Reviewed by iTechGuides Editors · Editorial team · Updated Sep 2026
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