Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
In order to enhance underwriting, risk transfer, and pricing strategies in a market that is increasingly complex, (re)insurers require advanced modeling software that provides quicker analytics, enriched insights, and streamlined workflows. Establishing Risk Modeler™ as the core of your integrated risk lifecycle offers this crucial advantage. With improved modeling transparency, flexibility, and customization, you can gain a better understanding of risk drivers. By incorporating third-party modeling, you can lower expense ratios, boost productivity, and refine risk insights. Additionally, the cloud-native architecture facilitates the development of innovative digital workflows that adapt to changing business needs. Risk Modeler boasts the capability to execute over 400 Moody’s RMS models, along with more than 300 models accessible through the Nasdaq platform, covering various regions, perils, and lines of business on a unified cloud infrastructure. This powerful tool positions (re)insurers to not only meet but exceed the demands of a dynamic market landscape.
Description
VERMEG has developed SOLIFE, a robust policy administration system specifically designed for life and health insurance providers. This system streamlines the complete management of new business activities, policies, and claims, featuring capabilities such as cash and events management, seamless accounting integration, and oversight of distribution and fees. It also addresses reinsurance, tax and legal compliance, dedicated reporting, and efficient claims handling. With over two decades of industry experience informing its design, SOLIFE adopts a client-centric model and is regularly updated to align with evolving regulatory requirements, including MiFID and PRIIPs. The platform is built to facilitate digital processing via APIs and responsive design, ensuring a modern user experience. Its high degree of automation not only minimizes administrative expenses but also includes a versatile product-design workbench that enhances the speed of market delivery. Furthermore, the system accommodates various distribution models, making it adaptable to a wide range of business requirements, ensuring that it remains relevant in an ever-changing marketplace. This flexibility empowers insurance companies to optimize their operations and meet their unique challenges effectively.
API Access
Has API
No
API Access
Has API
Yes
Integrations
HurLoss
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Moody's Corporation
Founded
1909
Country
United States
Website
www.moodys.com/web/en/us/who-we-serve/insurance/intelligent-risk-platform/risk-modeler.html
Vendor Details
Company Name
Vermeg
Founded
1993
Country
Netherlands
Website
www.vermeg.com/product-solife/
Product Features
Financial Risk Management
Compliance Management
No
Credit Risk Management
No
For Hedge Funds
No
Liquidity Analysis
No
Loan Portfolio Management
No
Market Risk Management
No
Operational Risk Management
No
Portfolio Management
No
Portfolio Modeling
No
Risk Analytics Benchmarks
No
Stress Tests
No
Value At Risk Calculation
No