Paul Little has been named Chief Executive Officer of URS

Pearl River, N.Y., June 4, 2015 — Mr. Paul Little has been named Chief Executive Officer of URS, one of the world’s leading insurance technology companies. He will oversee operations of the Company’s offices in North America, Europe, and Asia and its clients on six continents as well as supervise the continued expansion of the Company, according to Mr. Alex Bushel, President and Co-Founder of URS who announced the appointment. Mr. Little previously served as Senior Advisor to the Company and will assume the new post officially on June 1, 2015.

“Paul Little brings exceptionally strong assets to the role of CEO for URS as an established leader in the insurance technology sector with extensive global experience on the C Suite level,” Mr. Bushel stated, adding:  “Paul’s profound knowledge and understanding of insurance delivery and underwriting dynamics as well as his remarkable grasp of technological advances will work handsomely for our clients as we implement strategies and tactical plans collaboratively. We welcome him.”

Mr. Little noted:  “The Ultimate Risk Solutions leadership team has earned the industry’s and my respect and admiration as a business built through exceptional vision and technical expertise with a level of ingenuity and hard work which is rare. As economic capital modeling becomes more deeply integral to the successful financial management of insurance companies, leaders employing URS tools will deliver increasingly greater value for shareholders and policyholders. This prospect augurs an excellent path toward growth for URS. I look forward to collaborating in the orchestration of that growth as CEO."

Before joining URS, Mr. Little was President of CoreLogic EQECAT, a leading global catastrophe-modeling firm. Prior to joining EQECAT, Mr. Little was Executive Vice President, Chief Broking Officer and Board member of Holborn Corp., a New York based independent reinsurance intermediary. He began his career as a reinsurance intermediary in 1985 with Guy Carpenter LLC, and eventually became Managing Director and East Region leader of the firm’s Property Specialty practice.

About URS: Ultimate Risk Solutions, LLC  is an independent financial risk software developer with offices in New York and Hong Kong. Founded in 2001, URS has grown into one of the largest providers of dynamic financial analysis risk models to insurers and reinsurers worldwide, as well as regulatory authorities.