Ultimate Risk Solutions
Ultimate Risk Solutions, LLC (URS) is a USA-based software company that has accumulated exceptional intellectual capital and developed unique risk modeling software technologies for the global insurance and reinsurance industry. URS has offices in New York, London, Continental Europe and Asia.
URS develops, sells and supports a suite of products centered on its flagship Dynamic Financial Analysis (DFA) software solution, Risk Explorer™, which is used by leading insurers, reinsurers, reinsurance brokers, consulting companies, asset management firms, and insurance regulators around the world.
Among URS clients are renowned organisations such as Munich Re, Groupama, Willis, Fairfax Group, General Re, Mapfre Group, Deloitte, Swedish Club, and many others.
At this conference, URS would like to highlight recent issues experienced by many companies in the London Market in building capital models in preparation for Solvency II. These models have taken years to build and have turned out to be so complex and cumbersome that they are difficult to modify and take many hours to run, making them unusable as a day to day management decision-making tool. The models tend to be run only two or three times per year to meet prudential reporting requirements.
URS believes that its unique suite of technologies is ideally suited to assisting European insurers:
- to build any models within hours or days, instead of months or years;
- to use the same models for strategic analysis, risk assessment, capital allocation, ceded reinsurance evaluation, asset allocation and for other useful purposes - and instantaneously convert those models into Solvency II capital models as needed;
- to run the models of even the largest size and complexity within minutes using Cloud computing technologies available only in Risk Explorer.
www.ultirisk.com.
Inspiring event. Many interesting points of view. Perfect organization of the event.
Sales Director
BZ WBK - Aviva, Poland
It was an honor to join this event. It was great to see what people,companies achieved and inspired me to be as successful as them and maybe one day to do also a presentation and also inspire young people.
Manager,Ifra Assistance, Austria