Guy Carpenter Releases MetaRisk 7.3

The latest version of the firmís risk and capital management decision-making application is designed to enable insurers to better understand the drivers of risk, assess options and deploy capital efficiently.

INN Breaking News, August 15, 2014

Jennifer Morrell

Guy Carpenter & Co., a risk and reinsurance company and member of Marsh & McLennan Cos., has released MetaRisk 7.3, the latest version of the firmís risk and capital management decision-making application.

MetaRisk enables a company to communicate its risk processes and decision rationale to management, shareholders, regulators and rating agencies, Guy Carpenter said. It also enables users to meet the demands of Enterprise Risk Management and Solvency II and ORSA requirements. The platform offers access to a variety of databases and risk intelligence that enables users to evaluate and mitigate risks.

MetaRisk 7.3 enables insurance companies to better understand the drivers of risk, assess their options and deploy their capital efficiently. It offers underwriting, reserve, catastrophe, credit, and investment risk capabilities in one application. Features of MetaRisk 7.3 include direct links to AIR Touchstone catastrophe models; a line of business reserving methods; excess with financials contracts; improved derived inflations; and new income statement and asset reports.

ďThese latest improvements to MetaRisk 7.3 further emphasize 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.

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