If your company is like most insurance carriers, you are using only 30 percent or less of the computing capacity of your desktops. Grid computing links those computers to harness their unused power to race through complicated actuarial models in a fraction of the time previously needed.
By Robert Regis Hyle
Do you grid? If you are a life insurance or annuity carrier, you probably are considering grid computing seriouslyunless you already have begun an implementation. Carriers are finding compute-intensive actuarial and hedging models are a perfect candidate for a grid solution, particularly since the grid enables IT departments to get more output from the desktops and servers they already own.
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