Ultimate Risk Solutions Names DiCaro Managing Director-North America

NEW YORK, NY--(Marketwire - January 20, 2010) - Mario DiCaro has been appointed Managing Director-North America by the international, financial software firm Ultimate Risk Solutions, LLC (URS), Alex Bushel, Chief Executive Officer, announced.

DiCaro came to URS from Towers Perrin-Tillinghast where he was product manager of their dynamic financial analysis software product. He is an expert in modeling catastrophe risk, pricing reinsurance contracts, and insurance-linked securities. Prior to joining Tillinghast, DiCaro was with Tokio Millennium Re.

"Mario DiCaro brings extensive analytical experience to the growing URS team as we expand our business in North America," Bushel said. DiCaro will specialize in developing URS business in the U.S., Bermuda, and Canada.

Ultimate Risk Solutions, a market leader in financial modeling software, is the developer of Risk Explorer™, used by insurance and reinsurance companies worldwide to identify and quantify the broad range of risks decision makers face.

DiCaro holds a Bachelor's Degree in Mathematics from California State University at Fullerton. He is a Fellow of the Casualty Actuarial Society.

Contact Information: For more information, contact: Mechlin Moore MDM Communications Office: 845-920-7081 Cell: 239-777-1595