Keane BRMS enhances ERM software.
WAYNE, Penn., March 2 -- Keane Business Risk Management Solutions announced two new enhancements for its enterprise risk management software, SCORE. The Risk-Based Capital Allocation Module is intended to provide up-to-the-minute capital-to-risk evaluations driven by the input of data from risk management, compliance and actuarial departments, Keane BRMS said.
The module is specifically intended to help U.K.-based insurers comply with the Financial Services Authority's Individual Capital Adequacy Standards (ICAS), but Dorothy Flynn, president of Keane BRMS, said that she expects this module will also be useful when U.S. regulators step up their risk assessment reporting requirements.
The second enhancement, the new audit module, centralizes an organization's risk compliance and internal auditing in one integrated portal, according to Keane BRMS.
For more information, visit www. KeaneBRMS.com.
|Printer friendly Cite/link Email Feedback|
|Title Annotation:||MARKETS & COVERAGES|
|Date:||Mar 12, 2007|
|Previous Article:||Progressive Casualty Insurance introduces coverage for community banks.|
|Next Article:||Racing against the clock: Connecticut Legislature, industry struggling to sort out mitigation efforts before storm hits Northeast.|