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## Actuarial Models in Excel

Most actuaries are experts in Excel and love the tool. Actuarial model one of the most common usages of the software, since it makes it a breeze to build complex mathematical models and test them under various conditions. In this article, I will walk you...

## Create an Excel Heat Map

What is a Heat Map? A heat map is a two-dimensional graphical representation of data, where values are represented by a color scale in a matrix layout. Color-coded cells allow easily identifying the outliers and see the patterns in your data. Excel’s...

## Why Insurance Companies should embrace Spreadsheets-as-a-Backend to transform the way they program business logic

Insurance operations often rely heavily on complex business logic. For example, actuaries analyze large amounts of internal and external data in order to estimate base rates and various factors for their insurance products. They develop rating and quoting...

## What’s New in SpreadsheetWeb 6.5

SpreadsheetWEB has been shipping with its own built-in data visualizations tools for years now. Collecting data with your applications, and then creating dashboards using that data effortlessly is a boon for every SpreadsheetWEB user. With version 6.3, we...

## Creating a Complex Questionnaire with Calculations

Questionnaires are a great way to collect customer insight or gather key information from others. There are many online tools to build and distribute questionnaires. However, they typically work well if your questionnaire doesn’t have too many questions,...

## User Defined Functions in Excel

User Defined Functions (UDFs in short) are, as the name suggests, functions whose properties are custom defined by the user. They can be tailored to specific user needs and greatly improve productivity as they can help you do things built-in Excel features...

## Excel Database Functions

Database functions are designed to perform simple operations on data that is in a “database-like structure”. Database-like structure means that the data must be in a table structure that has organized records with labels and appropriate separation. In this...

## Forecasting in Excel

What is Forecasting? Forecasting is a technique to establish relationships and trends which can be projected into the future, based on historical data and certain assumptions. This method can be utilized to better understand and make an educated guess on...

## All You Need to Know for Using Excel Iterative Calculation

Iterative calculations can help find the solution to mathematical problems by running calculations over and over using previous results. This is made possible by computers that can run calculations repeatedly to find the likelihood of possible answers by...