Insurance Enterprise Risk Management
(ERM) Software

ERM Software for the Insurance Industry

The insurance industry faces many different types of risk including actuarial risks, credit risks, and catastrophic risks. The Quantivate Enterprise Risk Management solution for insurance companies enables insurers to identify, assess, quantify, monitor, and manage risks in accordance with industry best practices.

Quantivate ERM Software for the insurance industry includes:

• Risk heat maps
• Loss event management
• Risk and control assessments
• Automated alerts
• Risk analytics
• Key performance indicators (KPIs)
• Key risk indicators (KRIs)

Quantivate Enterprise Risk Management for insurance companies enables your organization to improve the effectiveness of its risk assessment and mitigation programs and lower loss rates. The application deeply integrates with other key GRC solutions, giving management greater access to information for more informed, strategic decisions. Quantivate Enterprise Risk Management will help your organization create a culture of increased risk awareness – reducing risks while lowering costs.

Flexible Enterprise Risk Management Software

Quantivate Enterprise Risk Management Software is a fully integrated, easy-to-use, web-based solution that enables you to identify and proactively address risk across the enterprise. In addition, Quantivate helps align your risk management program with corporate strategy to equip stakeholder to make the right resource decisions at the right time.

Enterprise Risk Management the Way You Work

Other enterprise risk management solutions force you into a particular assessment model, limiting your flexibility and increasing your learning curve. However, Quantivate Enterprise Risk Management works the way you do through a choice of  process-based or scenario-based risk assessment models. Now you can create a compliant and coordinated risk program that adds operational value to your organization, without learning new methodologies.

One Solution for Risk Management

Quantivate ERM Software for the insurance industry has easy-to-use, customizable capabilities to streamline your risk management processes, enabling your organization to set its risk priorities. Quantivate ERM brings together all your risk management needs into a single software solution, including:

• Identifying enterprise-wide processes, assets, or scenarios
• Assessing each process or scenario according to a common risk framework
• Prioritizing limited risk management resources
• Mitigating risks to prevent loss
• Monitoring past losses
• Managing policies and procedures

Capabilities You Need to Succeed

With Quantivate Enterprise Risk Management Software, you can anticipate and swiftly respond to changing business conditions while monitoring enterprise risk. 

• Create and manage a business process library
• Ensure regulatory compliance with frameworks based on NCUA, FDIC, or OCC regulations
• Gain real-time visibility into risk exposure with automatic risk calculations
• Prevent future losses and operational surprises with loss tracking
• Improve accountability and transparency with executive reporting
• Quickly deploy with customizable dashboards, fields, and reports
• Integrate information security and technology risk assessments
• Enforce organizational standards and consistency in the risk/control environment
• Easy implementation and maintenance