Guy Carpenter & Co., a risk and reinsurance company and member of Marsh & McLennan Cos., has released MetaRisk 7.3, the latest version of the firm’s risk and capital management decision-making application.

MetaRisk enables a company to communicate its risk processes and decision rationale to management, shareholders, regulators and rating agencies, Guy Carpenter said. It also enables users to meet the demands of Enterprise Risk Management and Solvency II and ORSA requirements. The platform offers access to a variety of databases and risk intelligence that enables users to evaluate and mitigate risks.

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