SRA Watchtower for Insurance provides transparency so your Board and Management can sleep better at night. Designed specifically for insurance, Watchtower for Insurance removes the friction, cost and complexity from risk and performance management.
Start the video below to see how SRA Watchtower works:
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Insurance Companies manage Claims and Underwriting well…but what about the rest of the organization? How do you respond when Senior Management or Regulators ask “are we staying within our Risk Appetites?”, “how is the landscape changing?”, and “what should we do?” And if you can’t answer those questions, then you can’t take effective action. Pulling this information together quarterly or annually is a painful, expensive and time-consuming process.
To bring clarity to the otherwise cloudy or opaque “Big Picture”, we created Watchtower for Insurance, a platform designed by Insurance Executives, for Insurance Executives. It’s meant to identify, prioritize and track both Insurance-specific Risk categories such as Claims, Pricing and Underwriting, Distribution, etc., as well as general business risks such as Legal, Strategic and Reputational.
It’s a unified, enterprise view of Risk that breaks down silos and provides Senior Management with an intuitive dashboard and drill-down capabilities so that they can see the big picture, zero in on priorities, and take immediate action.
It’s designed to aggregate data from numerous sources, and then synthesize them into usable information across both levels and functions
Watchtower for Insurance identifies, prioritizes and analyzes Key Risks so that the Responsible Parties across the Enterprise have an “Early Warning System”
Watchtower for Insurance gives Senior Leadership the information they need to ascertain whether or not they are taking the right amount of risk