Zurich Insurance Group, a multiline insurance provider, has chosen SunGard’s iWorks Prophet Managed Hosted Service (PMHS) to help the efficiency of its actuarial modeling operations. Zurich is migrating the Prophet Enterprise platform to iWorks PMHS to improve the speed of its model analyses and the quality of its Solvency II-compliant reporting.
Zurich says the Prophet Managed Hosting Service is designed to help the firm spend less time on non-value-added IT functions and more time analyzing model results to support risk management and strategic decisions.
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