Head-to-head · Insurance Analytics Software
FIS Insurance Risk Suite vs SAS Insurance
FIS Insurance Risk Suite leads on 0 checks, SAS Insurance on 0, and 1 is 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 scoreFIS Insurance Risk Suite · 9.3/10
FIS Insurance Risk Suite scores higher on our rubric for insurance analytics software: 9.3 against 9.2 out of 10; our editors rank them #2 and #3.
FIS Insurance Risk Suite is the better fit for insurers needing end-to-end actuarial risk management. SAS Insurance is the better fit for insurers needing governed analytics and reporting.
- FIS Insurance Risk Suite fits best
Insurers needing end-to-end actuarial risk management
- SAS Insurance fits best
Insurers needing governed analytics and reporting
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Side by side
| Feature | FIS Insurance Risk Suite 9.3/10 Visit ↗ | SAS Insurance 9.2/10 Visit ↗ |
|---|---|---|
| At a glance | ||
| Editor score | 9.3 | 9.2 |
| Ranking | #2 in Insurance Analytics Software | #3 in Insurance Analytics Software |
| Best for | Insurers needing end-to-end actuarial risk management | 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, Self-hosted | Cloud, Self-hosted |
| Platforms | Web | Web |
| Support | Docs | Docs |
| Built for | Mid-market, Enterprise | Mid-market, Enterprise |
| Features FIS Insurance Risk Suite 1/1 · SAS Insurance 1/1 | ||
| Catastrophe modeling | ✓ | ✓ |
| Specs | ||
| Analytics areas | Actuarial modeling; cash-flow and asset-liability management; capital modeling; pricing; reserving; claims analysis; reinsurance; risk and regulatory reporting | underwriting; claims; fraud detection; risk and compliance; actuarial modeling; pricing and ratemaking; capital management; regulatory reporting |
| Modeling methods | Deterministic and stochastic scenarios; actuarial models; machine-learning predictive analytics; generalized linear models (GLMs); generalized additive models (GAMs); tree, boosted and bagged methods; unsupervised clustering and anomaly detection | actuarial frequency/severity distributions; premium and risk modeling; explainable machine learning; stress testing; sensitivity analysis |
| Deployment | Hybrid | Hybrid |
| Data connectors | External database platforms; BI tools; regulatory systems; economic scenario and catastrophe data from external providers; policy, quote, claims and exposure data files | internal and external historical data sources; prebuilt data-loading capabilities; Python and R model options |
| Output formats | Financial statements; regulatory submissions; model-result data for downstream systems; API-driven results and custom queries | XLS; XBRL; customizable dashboards; web-based ad hoc reports |
| Our review | ||
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| Our verdict | FIS Insurance Risk Suite, also known as Prophet, is a modular platform for insurers and reinsurers to develop and run actuarial models, manage risk, and produce regulatory and business reporting. Its scope spans life insurance cash-flow,… 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
FIS Insurance Risk Suite — where it wins
- Covers pricing, reserving, claims, reinsurance and capital modeling
- Combines stochastic scenarios with machine-learning analytics
- Supports data lineage, auditable runs and automated regression testing
Where it doesn't
- Pricing is available only by contacting FIS
- Its breadth may exceed the needs of teams seeking a narrow analytics tool
- Catastrophe analysis relies on data from external providers
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
- FIS Insurance Risk Suite9.3/10 · Pricing on request
A broad actuarial and risk suite for insurers that need connected modeling and reporting.
Visit FISFull 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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