This webinar, in collaboration with Sofia Consulting, will inform insurers on how they can plan better to improve their performance.
We all know that it’s a challenge to understand the financial risk impact of insurance operations and planning. This may be due to complex legislation or involvement of various stakeholders. What we mainly see happening in every department is that different versions of a plan are made and controllers work manually.
Insurers often rely on Excel or legacy systems for manual processing. This doesn't ensure proper data reliability, as it can lead to data inconsistency. Of course, it is also very time-consuming to do this manually.
The target audience for the webinar is people who work in the finance department of an insurance company and are interested in modernizing and/or optimizing the planning process.
In this webinar we will show you how the CCH® Tagetik platform empowers insurance companies to:
- Automate planning processes to save time and resources
- Ensure alignment with local GAAP, IFRS 17 and Solvency II
- Simplify data collection and unify assumptions across departments
- Analyze solvency drivers and simulate financial and risk results under multiple scenarios.
- Establish a data-driven planning architecture
