General Insurance Article - Omobono & Thomson Reuters develop online tool for SolvencyII


Omobono, the digital agency for business brands, has created a new online diagnostic tool for Thomson Reuters which helps the insurance industry tackle Solvency II, a European Union legislative programme. Media partner Solvency II Wire has fully endorsed the introduction of the tool.

 Thomson Reuters, a new client for Omobono, is the world's leading source of intelligent information for businesses and professionals. The new online diagnostic tool is the first project in this partnership demonstrating a high calibre of work from the onset, that will provide insurers, asset managers, fund administers and custodians with a personalised report, giving an assessment of their ability to meet or help their customers meet Solvency II requirements.
  
 Solvency II requirements are placing added pressure on institutions to have a deeper understanding of their current and future trading and investment risk exposure. The Thomson Reuters Solvency II diagnostic tool takes 5-10 minutes to complete and provides users with the information they need to assess whether they are ready to combat Solvency II using a set of tailored questions.
  
 Fran Brosan, Chairman and co-founder at Omobono said:
 “A solid partnership really is the bedrock of achieving a great result, and that’s precisely what we have here. We are proud to be delivering a much-needed tool that will equip insurance companies and asset managers with the information they need to judge their state of readiness for Solvency II. We are a B2B company and this involves getting to the heart of specific business needs, so here we have immersed ourselves in the world of Solvency II and helped to provide a solution.”
  
 Conor Coughlan, Global Head of Proposition Marketing, PRS, Thomson Reuters said,
 "Our Regulatory Solutions program and the Solvency II stream are game changers for our sector. The Solvency II Diagnostic Tool is the first of its kind to be used in the Risk and Regulatory sector and specifically with Insurance and Asset Managers. It has brought together our thought leadership, market research, market data, propositions and lead generation all at the same time. We believe this is the future for our advanced proposition marketing."
  
 Thomson Reuters Solvency II Diagnostic tool can be found here

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