OpenPages software

OpenPages GRC solutions for Insurance

OpenPages industry solutions provide enhanced visibility into the risk landscape, enabling business managers to make smarter decisions that maximize value, reduce costs, and balance risk and returns. OpenPages allows organizations to achieve strategic goals for existing business processes and new initiatives, while avoiding hazards and other pitfalls along the way.

Insurance Risk Management and Regulatory Compliance

IBM OpenPages works with insurers across the globe, enabling them to eliminate risk and compliance silos, manage risk across the business, sustain compliance across multiple regulations, and embed these activities into their core business practices. OpenPages can help you:

• Meet new and evolving regulations including Model Audit Rule, Solvency II, NAIC, GLBA, AML and SOX
• Automate compliance and supervision to help oversee business processes and employee activities, and review business processes against organizational policies and regulatory guidelines
• Proactively manage all aspects of operational risk, including risk and control self assessments, scenario analyses, loss events and key risk indicators
• Allocate capital efficiently using a risk-based understanding of profitability and performance of their operations