Open-source modelling (OSM) is a United Kingdom-based startup that offers open-source algorithms designed for actuaries and risk managers in the insurance and insurtech industries. Founded in 2019, OSM provides open-source solutions tailored for insurers, banks, and pension funds, aiming to accelerate the development and adoption of open-source alternatives to many commercial products commonly used by actuaries and risk managers today. The company's core focus is to provide assurance and structured development for the adoption of such solutions, including actuarial, regulatory filling checks, stochastic scenario validation, stochastic scenario development, and asset liability modelling.
With the increasing demand for open-source solutions in the insurance and finance sectors, OSM stands as a promising venture. However, the lack of publicly available information on the last investment round and investors makes it challenging to gauge the current financial backing and potential strategic partnerships. Despite this, the company's dedication to revolutionizing open-source use in the industry puts it in a favorable position for future growth and investment opportunities.
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