General Insurance Article - Emerging Trends in Financial Modeling for Risk Management


Insurers use financial models to judge their company's ability to withstand adverse economic or business conditions. These models, and their use in risk management and business planning, are vital.

Lately, we've been hearing consistent themes from many U.S. life insurers when we ask them about their current priorities for their financial modeling. Many companies are feeling challenged by three issues:

•Getting more value from their financial models
•Getting results faster
•Managing financial modeling activities properly in a controlled manner.

Fortunately, practical solutions are available to address these worries and are proving their worth every day. In this video, Cheryl Tibbits and Casey Pursley present these solutions, including:

•Powerful new approaches to get more meaningful analytics from your financial models
•Exciting new methodology that produces results faster, so you can actually use them to manage your business, and
•Production-ready financial modeling platform considerations to create a controlled, auditable systems environment for proper governance and management of your models.

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