Ultimate Risk Solutions, a provider of risk modeling software to the property/casualty insurance and reinsurance industry, has introduced Risk Explorer Express solution to meet the needs of small and mid size insurers and reinsurers.
The Express Edition of the solution incorporates many features of Risk Explorer, the dynamic financial analysis tool, with new set of features designed to meet specific needs of small and mid size insurers, captives, managing general agencies, and their advisors.
Risk Explorer Express offers the small and middle market companies a tool for portfolio modeling, regulatory compliance, reinsurance analysis, economic capital estimation and allocation, financial statement modeling, and projections.
Ultimate Risk Solutions CEO Alex Bushel said that the Express Edition is an effective tool for middle market companies to comply with Solvency II requirements; it can be used in conjunction with a company’s chosen consultants, who can also license the software.