The Apara solution dVelox Risk Management for insurers, helps risk analysts to configurate and estimate the market financial instruments value to know the risk capital that exists in the company and converting that risk in opportunities and benefits for the company.
dVelox Risk Management of Apara can be applied to different types of risks:
- Internal risk
- Speculative risk
- Risk portfolios of insurance policies
- Credit Risk and Surety
What dVelox Risk Management provides insurance companies
- Accurate and complete analysis using advanced tool for testing and reporting that helps obtaining an overview of the financial system and clients operations that offer a certain risk, which brings greater benefits to anticipate fraudulent situations.
- Automatic detection of new risk exposure arising in the market and thus increase the capacity of respond from the insurer and reduce losses from clients revenue.
- New scenarios simulations and new risk cases to report managers and make appropriate decisions to prevent the capital flight from the insurance company.
- Increased internal risk control accuracy up to 35% on average, meaning losses reduction for companies in the insurance industry.
- Powerful analytical model that creates scoring models to evaluate which option is the most appropriate for the recovery of customers payments.
- Detects false or misleading information when buying a policy with the credit bureau system that offers Apara to insurers.
- Intuitive graphical interface easier to use, you do not need mathematical or statistical knowlege to use the tool.
- Easily integrated with other platforms that operate with telecommunications company.
Benefits of dVelox Risk Management for an insurer company
- Precise analysis, and detailed explanation of the risk exposure
- Scoring models and provides accurate and fast rating to determine the creditworthiness
- Greater accuracy for detecting revenue customers leakage
- Custom Services credit bureau
- Allows simulate new risk scenarios for cost accounting
- Simple interface and easy to use
- Easily integrated with other enterprise architectures