In an endless battle to reduce risk, balance policy premiums with payouts, and comply with demanding regulations, the insurance industry is under greater pressure than ever before. CCH Tagetik for Insurance comes complete with insurance-specific drivers for agile planning and built-in disclosure reporting functionality for compliance.
Our high-powered data engine enables you to process volumes of contractual data and complex calculations. You can project gross written premiums, loss ratios, commissions, and earned premiums and use the results to forecast profitability by product, division or delivery channel. With CCH Tagetik's trusted data source, financial and insurance-related data are aligned, enabling finance and risk management teams to collaborate on business decisions that steer financial performance and reduce risk.
3 reasons why CCH Tagetik for Insurance lets you focus on your business
Aegon Asset Management
Tailored planning for insurance needs
Insurtech, increased regulation, digitization - CCH Tagetik keeps you agile in the face of disruption. Use our intelligent planning tools to optimize gross written premiums, reinsurances, acquisition costs, and initiative planning and respond to change confidently.
- Play out what-ifs to adjust insurance premiums
- Detailed-level allocations for product costing
- Analyze pricing and margins scenarios
- Meet statutory and compliance requirements
- Gain full traceability and auditability
One solution from close through disclosure
The insurance industry’s disruption extends to increased and complex regulatory scrutiny. From Solvency II to IFRS 17, close through disclosure, CCH Tagetik serves out a single source of validated data to all financial processes so you can be confident in your data every step of the way.
- Built-in financial intelligence
- Automate IFRS17 compliance
- Get compliant via packaged regulatory solutions
- Manage complex accounting requirements
- Intuitive process-driven workflow