New Client Mecklenburgische Versicherung benefitting from AssetMetrix Services
Mecklenburgische Versicherung has been working with AssetMetrix since September 2016. This long-established group of insurance companies, based in Hanover, Germany, is benefitting from the in-depth analyses and tailored reports provided by AssetMetrix, which, among other things, are helping it achieve compliance with the new Solvency II requirements for the private capital segment that came into force in 2016.
Emmeram von Braun, founder and managing director of AssetMetrix GmbH, stated: ”We are very pleased that we have Mecklenburgische Versicherung on board and that our services are being used as the preferred solution to meet the challenges posed by regulatory requirements. The collaboration confirms the increasing trend for experienced asset management specialists to recognize the need for integrated and digitalized monitoring and reporting processes as well as the benefits of sophisticated analytical models. AssetMetrix is growing continually in order to meet rising market demand. In the meantime, our team in Munich comprises 26 highly motivated and talented employees who are fully committed to the AssetMetrix digital product world.”
Christoph Magdsick, Head of Capital Investments at Mecklenburgische Versicherungsgruppe stated: “With the European Solvency II Directive now in force, insurance companies have to comply with a whole host of new requirements. Backed by its specialist knowledge of the private capital sector, AssetMetrix is helping us master the new challenges. We benefit from receiving reliable and accurate analyses pertaining to portfolio performance, risk controlling, cash flow and performance forecasts. With the tools provided, we have been able to increase portfolio transparency as well as meet regulatory requirements.”
Mecklenburgische Versicherungsgruppe is a mutual insurance association (Versicherungsverein auf Gegenseitigkeit – VVaG) that has built up substantial expertise in the field of private capital investments during its 215-year history. Mecklenburgische holds in excess € 2 billion of investments, including investments in German private equity and infrastructure funds and fund-of-funds.