Xceedance, a provider of insurance consulting, managed services and technology, has announced a partnership with Ultimate Risk Solutions (URS) to provide risk management modeling and actuarial and analytics services to insurance organizations.
The partnership combines URS’s expertise in risk and financial modeling with Xceedance’s actuarial and analytics capabilities, enabling insurance organizations to optimize reinsurance contracts, enhance capital modeling and improve financial results.
“Partnering with Xceedance is a significant step towards our goal to help insurance organizations tackle challenges they face in risk modeling,” said Anya Kutsina, URS co-founder and executive director. “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.”
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“The partnership with URS enhances critical capabilities for risk management and strategic planning by insurance organizations,” said Matthew Duke, senior vice president and chief actuary at Xceedance. “As (re)insurers look to develop and execute their business plan, they also need to identify ways to manage their assumed risk and quantify those impacts. Powered by 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.”
