Insurance Risk Management Solutions

Mitigate risk and enable compliance reporting to gain a competive advantage

Gain the capabilities and information needed for cost-effective compliance

With IBM Risk Management Solutions, you can turn your investments in risk management and compliance into competitive advantage. These solutions deliver:

  • A robust information repository.
  • Comprehensive reporting system.
  • An effective information delivery mechanism to key stakeholders.

Discover how Swiss Re (PDF, 172KB) implemented IBM Insurance solutions to:

  • Increase efficiency by consolidating 40 change processes into one.
  • Move from ITILv2 to ITIL v3 best practices via a central deployment process.
  • Support compliance with internal and external service requirements for service changes and new releases.

What IBM offers

Operational and IT Risk

Retain the right records, in the right form, for the right amount of time. Identify, address and monitor actions to mitigate any risks in business and IT operations.

Fraud Analysis and Prevention

Deliver vital information to integrated case and investigation management processes which can save your company millions of dollars per year. For example, enhance your ability to leverage entity resolution and name matching to enable customer due diligence, know your customer, and ensure anti-money laundering actions.

Risk Compliance (including Solvency II)

Implement a cost-effective information repository and reporting capabilities for compliance requirements while building a business transformation strategy. Provide faster, higher quality financial reporting through improved data integration and reporting. Build a foundation for meeting other regulatory compliance requirements as well as business operating needs.

Benefits of Integrated Risk Management solutions

  • Potentially save millions of dollars per year by preventing fraud, avoiding fines, and enhancing productivity throughout your organization.
  • Maintain or improve financial strength through better capital allocation and enterprise risk management.
  • Analyze and model historical data to detect fraudulent claims and reduce the costs associated with underwriting and/or claim leakages.
  • Clearly understand risk exposure across product offerings, lines of business, geographies and markets.
Key software products
Information Management Software Infosphere Warehouse
IBM Insurance Application Architecture (PDF, 2.62MB)
Cognos 8 Business Intelligence
FileNet Enterprise Content Management
WebSphere iLog Business Rule Management System
Lotus Software WebSphere Portal software
Tivoli Integrated Service Management for Insurance

Learn more

To learn more about how IBM Integrated Risk Management solutions can help your business grow, contact your IBM representative or IBM Business Partner.

Featured white papers

Solution brief