La France Mutualiste Taps SAS® to Consolidate Risk Management, Regulatory Support

La France Mutualiste Taps SAS®to Consolidate Risk Management, Regulatory Support

SAS®Risk Management for Insurance helps insurer master Solvency II compliance

CARY, N.C.--(BUSINESS WIRE)-- To meet the demanding regulatory requirements of Solvency II, La France Mutualiste needed a consolidated risk platform that comprises data collection, reporting and risk analysis. In choosing SAS® Risk Management for Insurance, the mutual savings and retirement company was drawn to more than the solution's advanced technologies. It also sought the industry expertise SAS could deliver, to help the company comply with increasing Solvency II requirements. SAS France will implement the solution for La France Mutualiste.

SAS Risk Management for Insurance is a comprehensive solution for performing risk analysis and risk-based capital calculation for insurers. The software enables organizations to take a proactive approach to risk management, and at the same time align the process with business strategy. SAS helps insurance companies - both life and property and casualty - put to work Solvency II standard model approach for calculating risk-based capital for the company's advantage. It is built on a robust data management and reporting platform that includes an insurance-specific data model for complex risk analytics.

Read more about SAS Risk Management for Insurance.

About La France Mutualiste

La France Mutualiste, a national mutual savings and retirement company, offers powerful solutions for retirement planning, savings and wealth transfer. Everyone can benefit from the company's expertise, experience, advice and reliability. Through "L'Épargne Mutualiste" (mutual savings), La France Mutualiste offers alternative ways for members to save by pairing personal interests of its customers with a cooperative spirit, without any shareholders to consider. Strengthened by the trust of its members, the company has a strong fabric of subscriptions and revenues.

About SAS

SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 65,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®.

SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2013 SAS Institute Inc. All rights reserved.

Kris Balic, 919-531-0624
Elisabeth Ziegler, +33 1 6062-1235

KEYWORDS:   United States  Europe  North America  France  North Carolina


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