Insurance companies are exposed to multiple risk factors that can impact their sustainability, making them subject to strict regulatory obligations (e.g., Solvency II). The eFront Enterprise Risk Management (ERM) solution enables risk, control, internal audit, and compliance departments to apply best-in-class risk management and control practices through a feature-rich configurable platform.
eFront ERM allows users to thoroughly analyze risks and incidents, leading to risk mitigation and tangible business benefits.
- eFront ERM Risk
Identify, analyze, and assess operational risks through standard or self-defined parameters. Gain a 360° view of risk and define risk mitigation actions by evaluating gross and net risk exposures, linking them to incidents, controls, and audits.
- eFront ERM Risk
Report and assess incidents, establish incident mitigation action planning and tracking, link incidents to risks, and trigger business continuity plans.
- eFront ERM Control
Define controls, build robust and systematic control plans and campaigns, and automate control workflows. Manage all risk aspects both at scale and down to the most detailed tasks.
- eFront ERM Audit
Establish an internal audit plan and manage each audit by creating a specific work plan, defining audit team staffing, recording audit recommendations, and monitoring follow-ups.
- eFront ERM Compliance
Enable an integrated risk management approach through a single repository of compliance obligations linked to risk, control and audit initiatives.
- eFront ERM Analytics
Leverage standard dashboards that enable drill-downs and data slicing to obtain an accurate and actionable view of the whole risk management chain. Measure Key Risk Indicators and create tailor-made reports as needed.
Years of ERM experience in insurance sector
Of the top 5 French insurance companies are eFront ERM clients
Countries represented in the user base