Insurance sofware 2010 - Building defences

In times of increasing regulatory control, software suppliers are going to great lengths to provide insurers with not just efficient business management technology, but added tools to aid risk awareness and give clients more control than ever before. Clive Davidson reports on Life & Pension Risk’s software survey 2010

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Operating an insurance business in today’s market is just not possible without sophisticated technology. If competition and the need for up-to-the-minute management information does not drive insurance companies towards more advanced technology, then the regulators will. It is not only the risk modelling and capital calculations of Solvency II that require capable tools, but also other key business aspects such as data management, the monitoring and control of processes and management and

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