Pension Insurance Corp Selects Riskonnect for Enterprise Risk Management Solution

Riskonnect will provide the insurer with a strategic solution to improve visibility into its enterprise risks, as well as an actionable approach to managing them.

(Image source: Pension Insurance Corporation homepage.)

Pension Insurance Corporation (London) has selected Riskonnect (Atlanta), a global integrated risk management solution provider, to provide the insurer with a strategic technology platform to streamline risk management efforts enterprise-wide.

William Coatsworth, Head of Enterprise Risk Management, Pension Insurance Corporation.

Through the engagement Riskonnect will deliver to Pension Insurance, a specialist insurer of defined benefit pension funds, a strategic solution to improve visibility into its enterprise risks, as well as an actionable approach to managing those risks.

Risk Management as a Strategic Function

“We needed a technology partner to help us understand and manage the myriad risks that could impact our company, including uninsured risks,” comments William Coatsworth, head of enterprise risk management, Pension Insurance Corporation. “Riskonnect offers more than technology, it ensures risk management is a strategic function with the ability to improve operations.”

Riskonnect characterizes the new partnership with Pension Insurance as reinforcing the vendor’s strategic commitment to the U.K. financial services sector while providing solutions to institutions around the world. “Riskonnect strives to deliver risk management solutions that meet the needs of global brands—regardless of geography and country-specific regulations,” comments Jim Wetekamp, Riskonnect CEO. “This partnership furthers our footprint and demonstrates our commitment to delivering leading integrated risk management solutions around the world.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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