German insurer ARAG fuses risk management in single SAS® platform

SAS® Risk Management for Insurance helps with Solvency II compliance, offers comprehensive financial overview

In order to comply with Solvency II, ARAG needed to centralize risk management. Germany’s largest family-owned insurer wanted a comprehensive risk platform for data management - from risk calculations to reporting - to leverage compliance for business needs. ARAG turned to SAS® Risk Management for Insurance to establish a common technology platform for all divisions, worldwide subsidiaries and insurance classes.

SAS Risk Management for Insurance gives ARAG its first-ever financial overview of the risks within the group.
While complying with Solvency II regulations, the insurer expects to gain valuable new information and tools for corporate management.

"The key for us is the end-to-end approach. The platform must model and calculate risks while managing risk data centrally for the entire group. It must also provide information through regulatory-compliant reports," said Wolfgang Mathmann, Head of Group Risk Management at ARAG. "The tasks must largely be performed with standard software to help minimize the project risks."

Read more about SAS Risk Management for Insurance.

Sobre o SAS

O SAS é o líder de mercado em Analytics. Por meio de soluções analíticas inovadoras, voltadas para a inteligência do negócio e gerenciamento de dados, a companhia ajuda seus clientes em mais de 75.000 localidades a tomarem decisões de forma rápida e assertiva. Desde 1976, o SAS fornece aos clientes ao redor do mundo THE POWER TO KNOW® (O Poder do Conhecimento). No Brasil desde 1996, a subsidiária brasileira conta com mais de 200 clientes, escritórios em São Paulo (SP), Rio de Janeiro (RJ) e Brasília (DF), cerca de 180 colaboradores e atua em diferentes setores como finanças, telecomunicações, varejo, energia, governo, manufatura e educação.

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