Wolters Kluwer Financial Services said CUNA Mutual Group hasselected its enterprise risk management solution suite,ARC Logics for Financial Services.

The solution's modular approach enables insurance companies,securities firms and banks to fulfill their immediate riskmanagement objectives while allowing for expanded future usage ofthe same platform, the company said.

“Our ERM solution suite allows financial organizations toidentify, monitor and manage risk, be it a single risk or riskacross an enterprise,” said Todd Cooper, vice president and generalmanager of Enterprise Risk Compliance at Wolters Kluwer FinancialServices. “We are very pleased to expand our relationship withCUNA Mutual Group as they maintain strong compliance and riskmanagement programs that meet ever-changing business needs andregulatory requirements.”

CUNA Mutual's claims operations will implement the Policies andProcedures module to automate and simplify the process ofassembling, distributing and maintaining claims procedures.

Additionally, Policies and Procedures will connect with WoltersKluwer Financial Services' AuthenticWeb for Claims, which helpsinsurance professionals quickly find regulatory information andidentify state-specific requirements, the company said.

CUNA Mutual also uses Wolters Kluwer's NILS INsource, a Web-based regulatory researchtool for insurers, the company said.