Reason #7: Better monitor and demonstrate solvency and exposure to risk
Provide greater confidence to regulators, shareholders and customers alike concerning your exposure to risk with the ESRI (UK) Insurance Platform
Improve the allocation of capital
ESRI (UK)’s Insurance Platform can provide you with the robust data management practices that you need in order to demonstrate compliance. For example, for legislation such as Contract Certainty the solution gives underwriters a sound knowledge foundation from which to agree to all terms of a contact before its inception.
Similarly, with the upcoming Solvency 2 review and the revised capital requirements it will establish, the ESRI (UK) Insurance Platform will help insurers become more selective over the market segments they underwrite – helping to maintain a business that thrives in the new regulatory landscape.
Overall, because the process of managing risk is more robust and better structured with the ESRI (UK) Insurance Platform, customers, shareholders and legislators alike can have far greater confidence in your operations.
