InsuranceERM's Technology Guide 2022-23 goes live

Published in: Risk management, Cat risk, Capital management, Regulation, Solvency II, Investment risk - strategy, UK, Rest of Europe, US - Canada - Bermuda, Asia Pacific, ROW, Software - IT

Companies: WTW, Aon, Montoux, Moody's Milliman, Ortec Finance, RNA Analytics, Software Alliance

InsuranceERM has launched its online directory featuring over 110 risk, capital and modelling technology tools for insurers from 50 international vendors.

The Enterprise Risk Management Technology Guide also features eight corporate statements from software providers.

A rapid search facility in the online listing enables products and vendors to be easily found.

Products are searchable by type of system – for example, catastrophe modelling, economic / risk scenario generator, capital modelling, reserving, cyber risk management and climate risk management.

Users can also search by platform, such as cloud, desktop, SaaS, and whether they facilitate Solvency II and IFRS 17 compliance.

Vendors with corporate statements in this year’s technology guide are: Aon; Milliman;Montoux; Moody’s; Ortec Finance; RNA Analytics; Software Alliance; and WTW.

InsuranceERM's deputy and commercial editor, Ronan McCaughey, produced this year’s technology guide and thanked everyone who participated in the listing.

He said: “Threats from climate change and inflationary risk stand out in this year’s guide as sparking a response from technology vendors. InsuranceERM's 2022 technology guide also highlights the emergence of geospatial data as a tool to help insurers deal with natural catastrophe risks.”

McCaughey added: “Insurers have been advised to prepare for heightened cyber risks from the Russia-Ukraine war, and this is certainly an area where they must remain vigilant.

"InsuranceERM's technology guide can help insurers find the software tools they need to deal with traditional risks, as well as emerging threats like cyber-crime and climate risk.”

A basic listing in InsuranceERM's technology guide is free of charge, but at the discretion of the editor. Email [email protected] 

Ronan McCaughey