Reducing an IFRS 17 software quote by 82%

R33m savings through focused IFRS 17 software implementation

The client

A South African insurance provider looking to invest in an IFRS 17 software solution.

The challenge

  • Reduce the spend on an IFRS 17 software solution that met the needs of the business and which could be rolled out within tight deadlines.

What MBE did

  1. Combined knowledge established during a long partnership with the client with the results of interviews with stakeholders to get a clear understanding of needs.
  2. Established an implementation partner relationship with the vendor, taking on the roll out of the software and consulting elements of the project.
  3. Designed and delivered an implementation project plan focused on priority areas to control costs.

The results

  • 82% saving against anticipated spend.
  • IFRS 17 software implemented to deadline and quality standards.
  • IFRS 17 expertise transferred to the client team.

Get in touch







    UK +44 (0)1737 735 563

    SA +27 (0)21 527 0041

    Get in touch










      UK +44 (0)1737 735 563

      SA +27 (0)21 527 0041