LEVERAGE INSURANCE PLANNING FOR BETTER INSIGHT

Understanding operational risk and having the ability to mitigate them is a challenge faced by CFOs and CROs alike in insurance companies.

Based on the Strategic Modeling module of Oracle’s Enterprise Planning & Budgeting Cloud Service (EPBCS), Alithya’s long range planning solution factors in company-specific risks to provide insights to remove the element of surprise. It also provides the ability to evaluate various plans to determine low, medium, and high probability results.

Let our long-range planning and scenario modeling help you:

• Use out-of-the-box software capabilities to create a baseline forecast for both GAAP and STAT financial statements
• Create unlimited scenarios for key risk areas such as asset risk, underwriting risk, and credit risk to understand their impact on financials
• Gain insight into risk-based capital and solvency by combining risk scenarios to understand combined impact on company’s long-range plan and initiatives
• Perform reverse stress tests to determine factors causing insolvency
• Plus more …