1. SAS Risk Management for Insurance: SAS offers a comprehensive Risk Management solution tailored for the insurance sector, enabling insurers to navigate complex regulatory requirements such as IFRS 17 and LDTI with precision. Through SAS Risk Management, insurers can streamline data collection, perform actuarial calculations, and generate compliant financial statements efficiently. The platform’s advanced analytics, scenario modeling capabilities, and stress testing tools empower insurers to achieve regulatory compliance, enhance risk assessment practices, and improve decision-making processes.
2. EY Insurance Accounting and Regulatory Update (INARU): EY’s INARU platform provides insurers with a holistic approach to managing IFRS 17 and LDTI compliance challenges through specialized accounting and regulatory solutions. By utilizing EY’s platform, insurers can access guidance on implementation strategies, data governance frameworks, and technical accounting interpretations to ensure accurate and transparent financial reporting. The platform’s interactive dashboards, audit trail features, and regulatory updates enable insurers to stay ahead of evolving compliance landscapes and drive operational excellence in their financial processes.
3.PwC Insurance Value Analytics: PwC’s Insurance Value Analytics platform offers insurers a suite of tools and services to support IFRS 17 and LDTI compliance efforts while optimizing performance and profitability. With PwC’s platform, insurers can leverage data analytics, actuarial modeling, and valuation techniques to address the complexities of accounting standards effectively. The platform’s automation capabilities, scenario planning tools, and regulatory insights empower insurers to enhance their understanding of financial metrics, improve forecasting accuracy, and align business strategies with compliance requirements.
4.KPMG IFRS 17/LDTI Solutions: KPMG’s IFRS 17/LDTI Solutions platform is designed to assist insurers in achieving compliance with regulatory standards while enhancing financial performance and risk management practices. By utilizing KPMG’s platform, insurers can access expertise in accounting advisory, actuarial modeling, and technology integration to navigate the complexities of IFRS 17 and LDTI effectively. The platform’s configurable modules, data visualization tools, and impact assessment features enable insurers to optimize their compliance strategies, improve financial transparency, and drive sustainable growth in a highly regulated environment.
By leveraging these reputable platforms focused on IFRS 17 and LDTI compliance performance, insurers can streamline regulatory adherence, enhance financial reporting accuracy, and drive strategic decision-making in alignment with accounting standards. Embracing innovative solutions like SAS Risk Management for Insurance, EY INARU, PwC Insurance Value Analytics, and KPMG IFRS 17/LDTI Solutions can empower insurers to navigate regulatory complexities, optimize compliance processes, and achieve sustainable growth and resilience in the competitive insurance landscape.