Oracle Insurance Solutions for Risk and Solvency

The Solvency II project, as led by the European Insurance and Occupational Pensions Authority (EIOPA), is putting pressure on those providing coverage within Europe, to add a new level of rigour to their finance and risk processes. Insurance companies need the ability to manage and reduce risk, reduce data quality issues, improve capital allocation, and manage multijurisdictional compliance across different lines of business and legal entities with a single, enterprisewide platform. Insurers who choose to view the Solvency II project as an opportunity to truly change the way they do business have a great opportunity to rise above the rest.

• Powered by an industry-proven infrastructure
• Provide a single, enterprisewide view of risk through out-of-the box business intelligence analytics
• Comprehensively support compliance with Solvency II guidelines for life, non-life, health, and reinsurance institutions, including those operating across multiple jurisdiction
• Enable strategic decision making and capital planning with the extensibility to meet future regulatory requirements