Software/IT Systems/solutions, Data, Modelling
Enterprise Risk Management Technology Guide 2016-17
InsuranceERM's exhaustive guide to the range of solutions for risk management, asset management and Solvency II - from risk and capital modelling software, to data, governance and reporting tools. The guide (left column) is based on information provided by vendors in response to a detailed questionnaire. The vendors' statements (right column) explain more about their software and its context for insurers.
Guide entries
ADDACTIS Worldwide
AIR Worldwide
Aon Benfield
Apparity
Aquantec
Arkk Solutions
Asseco
Barnett Waddingham
BearingPoint
CIMCON Software
Compliant Risk Technology
CoreLogic
DataTracks
DYNACSYS
EVMtech
Finsbury Solutions
FIS
Guy Carpenter
IBM Risk Analytics
Insureware
Intuitive Collaboration
Longevitas
Magique Galileo Software
MBE International
ModelIT
Moody's Analytics
Numerix
Oasis Loss Modelling Framework
OOliba
Ortec Finance
Praedicat
QRM
RNA Analytics
RPC Consulting
Vizor Software
Willis Towers Watson
Wolters Kluwer Financial Services
zeb
Corporate statements
News
Verisk Analytics strengthens UK presence with $250m acquisition of Sequel
Deal will help Verisk expand global commercial and specialty insurance
German regulator shines spotlight on cyber-risk
Aachen Muenchener and Ergo Leben among insurers highlighting threat to sector's IT security
UK insurers seeking certainty on processing data under GDPR, says ABI
Restriction would impact insurers business models, says law firm
Tech firm promises low-cost, flexible economic scenario generator
Financial Canvas takes on established players with claims of faster recalibration
Aon Benfield launches ReMetrica 'Ultimate' edition
Introduces collaboration and workflow tools to capital modelling suite
L&G America tests life insurance quotes based on selfies
IBM quits deal to upgrade Co-op Insurance systems
Former Zurich MD becomes adviser to insurtech Cytora
AIR Worldwide launches severe thunderstorm model for Australia
One-in-three insurers plan IFRS 17 dry run in 2019
Insurtech funding reaches almost $1bn in Q2
InsuranceERM is updating the Technology Guide
Analysis
Scenario planning for the insurtech revolution
Magdalena Ramada and Andrew Harley share their thoughts on how insurers should be planning to deal with the transformative technologies and tools that are making their way into the business
The biggest barrier to actuarial system improvement is... actuaries?
As insurers prepare for another round of system adaptation and process review with the introduction of IFRS 17, Andries Beukes shares his experience in modernising actuarial systems and discusses what role actuaries have in the success – and failure – of transformation projects
The risk managers' view on cyber risk
Operationally and in underwriting, the cyber threat has vexed risk managers. At InsuranceERM's North America conference, panellists discussed the difficulties and how they are trying to overcome them
Turning the GDPR threat into an opportunity
Insurers have one year to prepare for the EU's General Data Protection Regulation and implementation will not be straightforward. But there is much to be gained from taking a customer-centric approach, as REaD Group's Andrew Bridges explains
Sourcing data for cyber risk management
Insurers crave data to better write cyber risk policies and understand their risk accumulation, but getting hold of it is a tough assignment. Cintia Cheong reports
Turning liability into opportunity
There is growing evidence that exposure to phthalates has serious health impacts. Excluding phthalates from insurance contracts might be the natural response, but modelling the exposure could allow firms to see the risk as a business opportunity rather than a threat, as Praedicat chief executive Robert Reville tells Callum Tanner
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Market Insight
IFRS 17 and the challenges ahead
The new insurance contracts accounting standard brings a dramatic shift in accounting and actuarial practices, and insurers should be prepared for implementation challenges, as Kamran Foroughi explains
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Market Insight
High velocity risk management
A rapidly changing world produces rapidly emerging risks that can flummox even the most comprehensive of risk management frameworks. Neil Cantle proposes an approach to improving how insurers respond to today's threats...