Latin Re has become the first Brazilian reinsurance broker to license RiskExplorer™, the advanced risk management software developed by Ultimate Risk Solutions (URS).
RiskExplorer is well known for its sophisticated modeling capabilities. It offers users an unparalleled tool for analysing and managing risk.
Its adoption by Latin Re clearly demonstrates the businesses commitment to leveraging cutting-edge technology to enhance its service offerings, as well as providing clients with accurate and comprehensive risk assessments.
Moreover, URS’s RiskExplorer already has a presence across Latin America, and Latin Re’s direct licensing agreement is clearly a testament to the growing importance of advanced risk management tools in the region.
From what we understand, this move is expected to encourage other company’s across the industry to enhance their technological capabilities, contributing to the overall advancement of the reinsurance industry in Latin America.
“We are delighted to be the first Brazilian broker in Latin America to close this partnership with Risk Explorer. We now have the best global expertise combined with the excellence of our local team to offer more effective solutions and create value for our clients,” commented Juliana Oliveira, MD Structured Solutions at Latin Re.
“We are thrilled to partner with Latin Re and to see RiskExplorer become a pivotal tool in their risk management strategy. Latin Re’s pioneering spirit and commitment to innovation align perfectly with our mission at URS, and we look forward to supporting them as they set new benchmarks for the industry,” said Riccardo Nicolini, Chairman of the Board at Ultimate Risk Solutions.
