Ultimate Risk Solutions
Actuarial software for risk modeling, reinsurance evaluation, and capital management in the global insurance market
Overview
Ultimate Risk Solutions (URS) is an actuarial software company serving insurers, reinsurers, reinsurance brokers, and consulting firms across the global non-life market. Founded in 2001 and headquartered in New York, the company builds platforms for dynamic financial analysis, economic capital modeling, reserving, and catastrophe portfolio management.
URS products are Windows-based with cloud execution capabilities, integrating with Microsoft Excel and third-party catastrophe model outputs. The platform suite covers nine solution areas: ceded reinsurance evaluation, economic capital modeling, deterministic and stochastic reserving, Solvency II regulatory capital, asset portfolio modeling, economic scenario generation, insurance pricing and optimization, IFRS 17 reporting, and property catastrophe portfolio analysis.
The company has operated without external venture funding for over two decades and serves clients across North America, Europe, the Middle East, Latin America, and Asia. Notable clients include Munich Re, Willis, Gen Re, and JLT Reinsurance Brokers. URS has established partnerships with Howden Group (2024), Xceedance (2022), and CyberCube (2022).
Products & Services
Risk Explorer
Dynamic financial analysis platform that models stochastic scenarios covering insurance, economic, asset, and other risks. Supports ceded reinsurance evaluation, economic capital modeling, asset portfolio modeling, Solvency II regulatory capital, and IFRS 17 financial statements alongside GAAP and statutory reporting.
Key Features
- Hundreds of thousands of stochastic scenario runs
- Ceded reinsurance evaluation and optimization
- Full IFRS 17, GAAP, and statutory financial output
- Cloud computing for fast model execution
Target Users: Non-life insurers, reinsurers
Res-Solver
Loss reserving software providing deterministic estimates of ultimate losses and reserves along with stochastic distribution simulations.
Key Features
- Deterministic and stochastic reserve estimates
- Automated one-click Schedule P reporting
- US statutory compliance output
Target Users: US-based insurers and reinsurers
PortfolioPolis
Catastrophe portfolio analysis platform that integrates with existing data sources and data warehouses.
Key Features
- Policy and claims-level data preparation and cleansing
- IFRS 17 Units of Account grouping
- Integration with third-party catastrophe model outputs
Target Users: Reinsurers, brokers, insurers with cat exposure
UltiFit
Statistical distribution fitting tool used to calibrate distribution parameters from source data for use in stochastic models.
Key Features
- Distribution parameter fitting from raw data
- Supports input calibration for stochastic models
Target Users: Actuaries, quantitative analysts
Economic Scenario Generator
Simulation tool for generating economic scenarios used across capital, asset, and pricing models.
Key Features
- Multi-scenario economic path generation
- Supports capital adequacy and strategic planning analysis
Target Users: Insurers, reinsurers, consulting firms
At a Glance
- Founded
- 2001
- Headquarters
- New York, NY, USA
- Employees
- 11-50
- Funding
- Bootstrapped
Category & Focus
- Category
- Reinsurance Technology
- Subcategories
- Economic Capital Modeling Dynamic Financial Analysis Catastrophe Portfolio Modeling Reserving Software Regulatory Capital (Solvency II IFRS 17)
- Insurance Verticals
- Reinsurance P&C Commercial Specialty/E&S
- Target Customers
- Carriers, Reinsurers, Brokers
Customers
- Munich Re
- Willis
- Gen Re
- JLT Reinsurance Brokers
Last updated: 2026-04-09