Xceedance and Ultimate Risk Solutions partner in ERM

Bermuda-based Xceedance and Ultimate Risk Solutions (URS) will jointly deliver enterprise risk management (ERM) modelling and actuarial and analytics services to insurance organizations worldwide.

They say the combination will enable insurers to optimize re/insurance contracts, enhance capital modelling, and improve financial results.

Anya Kutsina, URS co-founder and executive director, said: “The extensive insurance consulting expertise of Xceedance, combined with a powerful suite of URS products, empowers insurers and reinsurers to minimize risks while maximizing operational results and growth opportunities.”

Matthew Duke, SVP and chief actuary at Xceedance, added: “Powered by the tools and resources from URS, the Xceedance actuarial and analytics team can help re/insurers develop and execute on their plan, and proficiently model the impact of assumed risk to their operations.”