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EMB, a global property and casualty (P&C) consulting firm, today released an upgrade to its reserving software tool, EMB ResQ 3.4. The latest version includes major performance upgrades to handle the complexity in reserving practices, to improve underwriting and claims processes and scale to larger, more complex reserving projects.

ResQ 3.4 is available in Professional and Enterprise editions. Both combine powerful modeling and reserving methods with flexible, high-integrity data management capabilities. The Enterprise edition provides enhanced security, audit and controls around larger scale reserving projects, which may be distributed geographically.

Since being launched, EMB ResQ has become the most widely used reserving tool in the P&C insurance market, used by half of the top 10 global P&C companies.

Executive quote

“These updates build on more than a decade of development and innovation in our reserving practice,” said Dave Otto, Managing Director of EMB in North America. “Our proven software coupled with expert consultants provide insurers with the best technical and business knowledge for reserve decision-making.”

About the company

About EMB in North America
EMB (www.emb.com) is a leading international consulting firm specializing in property and casualty (P&C) insurance. Its services cover personal insurance, commercial insurance and reinsurance. EMB offers C-Counsel Business Consulting, Actuarial Consulting, Professional Development, and Marketing Sciences. Additionally, EMB pioneered the development and use of high-performance actuarial software, which allow businesses to perform tasks that would otherwise be impossible, impractical or tremendously time-consuming. EMB employs more than 300 people around the globe covering North and South America, Asia-Pacific, Europe, the Middle East, and Africa. Our clients include 28 of the top 30 P&C companies in the world.

Contact details

Louisa Harbage                       Dan Gaffney
EMB in North America                LEWIS PR
+1 858-793-1425                    +1 617-226-8840
press-us@emb.com                   embus@lewispr.com

Technorati tags: EMB | ResQ | reserving | property & casualty insurance |

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EMB Announces Update to Market-Leading Reserving Software Package

Executive quote

About the company

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