Software - Towers Watson announces availability of Igloo Version 4.3

 Towers Watson has announced the availability of Igloo 4.3, a new version of the company’s Igloo financial modeling software designed for property & casualty (P&C) insurers. The update provides P&C insurers with a variety of enhancements, including better functionality, performance, usability, connectivity and governance.

 “Many leading insurers around the world rely on Igloo software to provide technical analysis to support strategic planning and management,” said Richard Rodriguez, Towers Watson’s global product leader for Igloo. “We are delighted to offer our clients a range of financial modeling improvements, which will enhance the value they receive from Igloo, and allow them to better understand and manage risk within their business.”

 Noted for its transparency and scalability, Igloo is used by a variety of organizations including insurers, reinsurers, financial institutions and regulators. It enables companies to quickly see how decisions might impact the risk and performance of their business, and to use model outputs to promote a wider understanding of risk across the company.

 Igloo is available in a variety of editions, from the Express and Compact Editions for companies that want a convenient entry point, to the Enterprise Edition for companies that want a robust modeling environment using an enterprise-grade database, plus data control and audit capabilities. The different editions provide comprehensive solutions that both fit an insurer’s immediate needs, and can grow with them to meet their business and regulatory requirements in the future.