The analytical power of URS technologies will allow Poste to understand its risk profile, identify opportunities for more efficient use of capital, evaluate capital impacts of potential reinsurance structures quickly and efficiently.
Riccardo NICOLINI, Chairman of the URS Executive Board said, "We're happy Poste continues to choose URS for our risk management expertise. Poste has access to our wide range of risk modelling tools and will be able to continue to gain valuable insights into risk drivers and capital requirements, and address vulnerabilities to an evolving range of economic and regulatory needs."
URS's Risk Explorer is used by a wide range of insurers, reinsurers, and reinsurance brokers to assess premium risk, reserve risk, market risks, credit risks, operational and other risks, and simultaneously model the most optimal reinsurance structures to efficiently achieve best return on capital. It enables enterprise risk managers in (re)insurance companies to assess, analyse and communicate key messages on exposures to senior leadership, to decision makers and to regulators.
About URS
URS platforms and solutions address analytical challenges the insurance industry faces in risk modelling, including reinsurance evaluation, economic and regulatory capital modelling, catastrophe risk management, asset management and strategic planning. We have a rich history of helping clients cut through complexity while deepening their understanding of risk using innovative analytics to design faster and better solutions. We're headquartered in New York, with offices and representatives worldwide.
About Poste Assicura
Poste Assicura operates in the Non-Life Italian market as a Poste Vita Insurance Group company member, part of the Poste Italiane Group, one of the largest insurance groups in Italy.
Poste Assicura aims to meet protection needs of individuals with a simple and complete product offering through effective and innovative insurance solutions built with utmost transparency and security, at best possible prices. In 2010, it was formally authorized by ISVAP to write non-life insurance in Accident and Health, RCG, Fire, Other Damage to Property, Assistance, Legal Protection and Pecuniary Loss classes.
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