WebinarFinance

CCH® Tagetik & Sofia Consulting Webinar: Solvency II directive review and what that means for insurance companies.

November 11, 2021 at 9:00am - 10:15am CEST
Online Webinar

In 2020 EIOPA has performed a review of the Solvency II directive resulting in a proposal for a large number of adaptations in the SII regulations. 

The adaptations EIOPA proposes in Solvency II, concern a very large number of changes in SCR and MCR calculations, underlying assumptions, definitions for the best estimate liabilities as well as the pilar 3 disclosures.

Pending approval by the European parliament, the changes on the amendments of supervisory reporting and disclosure requirements (ITS) are expected to take effect by the end of 2022.

This gives rise to the following questions:

  • What is the complete scope of the proposed changes?
  • Which of these changes will apply to our insurance company?
  • How do I make sure I don’t miss any important changes?
  • What is the impact of the SII changes on our system landscape?
  • How do I make sure to timely prepare in order to remain compliant? 

We invite you for an online webinar on 11 November 2021 where former board member of the association of Dutch insurers and Solvency II expert Ron Hersmis will guide you through the proposed changes, the timelines as well as the impact on your organization.

Then Grazia Cafagna and Simone Dinice will present how the CCH® Tagetik platform can support you to address the changes and remain compliant with Solvency II regulations.

Agenda:

09:00   

  • Welcome and Introduction
    Roel Haverland, Managing Director CCH® Tagetik Benelux
    Jonas Qvarfordt, Managing Director CCH® Tagetik Nordics

09:03    

  • What does the new SII directive (end 2022) effectively mean for your business and why change system now?
    Ron Hersmis, Senior Actuary at Sofia Consulting

09:25  

  • How to remain compliant with Solvency II regulations
    Grazia Cafagna, Head of Banking & Insurance Global Solutions CCH® Tagetik
    Simone Dinice, Project Manager  – Banking & Insurance Solutions CCH® Tagetik

09:45   

  • CCH Tagetik SII Solution roadmap
    Grazia Cafagna & Simone Dinice

09:55      

  • Q&A

10:05

  • Summary and what’s next
    Roel Haverland

10:10    

  • End

Speakers:

Ron has more than 30 years experience in the insurance industry. He is a Senior Actuary and has executed more than 100 trainings and educational programs to prepare insurance companies in Solvency II and to introduce them in risk management. He is an SII and IFRS17 advisory and has implemented at several Dutch Insurance companies. In his previous roles, he worked as Senior Manager at KPMG and Deloitte Risk Advisory. He is also a member of the Actuarial Institute and CERA Global Association.

Grazia is leading the FS  Global  Solutions, including IFRS17, Solvency, IFRS9, iXBRL, etc at CCH® Tagetik. She has +15 years of experience in CPM solutions for bank and insurance companies and guided the development of Tagetik solutions for Consolidation, Disclosure, Regulatory Reporting (Bank of Italy, IVASS, EBA, EIOPA). She has also led projects such as Generali, Unicredit, Erste Bank, Rabobank, Talanx, etc. 

Simone is head of the Solvency Solution at CCH® Tagetik. He has high experience within the Solvency II team at CCH® Tagetik working with very large insurance companies. He has a high expertise in projects of IFRS17 and more than 5 years of experience in CPM Solutions - Solvency II: PillarI, PillarII, PillarIII.

Webinar in collaboration with:

Register now!