Aon Global Risk Consulting and Optial (UK) Limited have collaborated to create the first
truly integrated Governance, Risk, and Compliance system for the commercial insurance
sector: GRC Platform.
GRC Platform facilitates the connection of board level vision and strategy with real day
to day operational controls and processes, thereby defining and realising a clear
operating model.
The rich functionality of the Optial solution combined with the subject matter expertise
of the Aon team produced a solution in which a firm’s strategic objectives can be
measured against its defined risk appetite and associated policies, combined with a
comprehensive internal control system and risk register.
Optial delivers all your requirements for a robust Insurance risk management system which will underpin much of the proposed Solvency II regime.
Optial provides an Own Risk and Solvency Assessment (ORSA), allowing for a risk-based evaluation of the whole firms Insurance including identifying, assessing, monitoring and managing short and long term risks (re)insurance undertakings.
Optial Insurance includes a variety of functions including Loss events, Key Risks, Controls, Own Risk Self Assessments (ORSA) through Risk & Control Self Assessment and Audit management.