Guy Carpenter & Company have released MetaRisk 7.3, the latest version of the firm’s premier risk and capital management decision-making tool.
MetaRisk allows a company to communicate its risk processes and decision rationale to all constituents, from management to shareholders, regulators and rating agencies.
It also enables users to meet the rigorous demands of Enterprise Risk Management, Solvency II and Own Risk and Solvency Assessment requirements.
With the release of version 7.3, the platform has evolved to offer deeper access to a variety of databases and risk intelligence that enables users to quickly evaluate and mitigate the risks most salient to their business, according to a press release.
“These latest improvements to MetaRisk 7.3 further emphasise our commitment to providing key decision-makers with a faster, deeper and more sophisticated view of the complex risk drivers throughout their business," said Donald Mango, vice chairman of enterprise analytics for Guy Carpenter.
MetaRisk 7.3 provides enhanced features in the areas of reinsurance, catastrophe modeling and capital modeling.
This latest update supports direct links to AIR Touchstone catastrophe model databases and includes a new feature, called Structure Mode, specifically geared toward reinsurance users.
Structure Mode streamlines the process of reinsurance evaluation and provides a dynamic pricing view, which allows for ad-hoc pricing and simple result comparisons instantaneously.
This gives underwriters, brokers and ceded reinsurance professionals more efficient decision-making when it comes to determining the best reinsurance solutions.
