It’s been said that the greatest challenge posed by IFRS 17 is its data requirements. But is this really the case?
Andries Beukes asks: How do actuaries allow ourselves to be creative outside of our very narrow comfort zone?
Andries Beukes considers how implementing a Lean culture sets the scene for effective data governance, enabling organisations to achieve great results.
A global insurer was able to embed a culture of continuous improvement, with centralisation of the finance functions and a reduction of 30% in the finance reporting timetable.
With IFRS 17 projects well advanced Christo Muller outlines six important considerations when moving on-premise actuarial processes and systems to an SaaS solution.
IFRS Assess is MBE Consulting’s cost-effective modelling and simulation tool that assists clients in understanding the impact of IFRS 17 on all areas of the business. Find out more here.
Every business has a culture that runs through it and efforts to change the way a business operates must be sensitive to that culture. Managing the Cultural Change is a fundamental element to the success of any new initiative or way of working.