MAPFRE Group’s David O’Gorman, URS Managing Director-Spain/Portugal/Latin America, announced that the group has “licensed Risk Explorer™, the Dynamic Financial Analysis (DFA) software and a suite of other products from Ultimate Risk Solutions (URS).”
The bulletin described “Risk Explorer™” as the “DFA software used by many of the world’s leading insurers, reinsurers, brokers, and regulatory agencies to model and quantify the various risks a company faces.”
Alex Bushel, CEO of URS, pointed to the “rigorous testing and evaluation process” that went into developing MAPFRE selected Risk Explorer™ and other URS products.
MAPFRE noted that a license is “multi-year and includes UltiFit™, statistical distribution and curve-fitting software, and Predictable Dynamics, generator of global macroeconomic scenarios, among others.”
Luigi Lubelli, Deputy General Manager-Finance, MAPFRE S.A., observed that the one of the most impressive features of the product suite “was its ease of use, which allows average users to become productive in a relatively short time span.”
Source: MAPFRE Group
Was this article valuable?
Here are more articles you may enjoy.
Hot Sauce Company Sues Manufacturer Over Exploding Bottles 
Severe Convective Storms Become Costliest Insured Peril of 21st Century: Aon 
Commercial Lines Market Overall Remains Firm, Says Ivans 
Florida OIR Triples the Size of Citizens’ Rate Decrease 
