In the life insurance industry, financial models—often built in complex spreadsheets—play a critical role in pricing, reserving, capital management, and strategic decision-making. These models are sophisticated, calculation-heavy, and require rigorous assumptions and projections over long time horizons. However, the very complexity that makes these spreadsheets powerful also makes them difficult to maintain, understand, audit, or transfer between teams—especially in the absence of proper documentation.
Collaborative Model Development with Mo.net
It is not uncommon for multiple model developers to want to work on the same project. Changes made by each developer need to be added in to a central codebase to ensure there is always one source of the truth. Another common requirement is to be able to carry out code reviews, to check how one version of a model differs from the previous version, or to peer review an individual’s model developments.