How to Capitalize on Your IFRS 17 Investment
For many, moving to IFRS 17 compliance has not meant moving into business as usual (BAU). Insurers have been struggling to define where they are in their journey to BAU with IFRS 17 and how to fully capitalize on their investment.
LDTI Article 7 – How the Right Governance Strategy Can Achieve More Than Just LDTI Compliance
Reading the standard, for the experienced, is a relatively straightforward exercise. However, interpreting the requirements of the standard into actual operationalized procedures is a much more complex task, especially when […]
LDTI Article 6 – A Catalyst for Finance Transformation
The insurance industry is in a period of transition due to the changes in consumer expectations, exposure to climate, health, and economic events, regulatory pressures, and shifting market conditions. A […]
LDTI Article 5 – How LDTI Implementation Can Modernize Your Operations
Digitization does not always equal modernization. The insurance industry still wrestles with dated, manual, and time-consuming processes often involving fragmented legacy systems.
LDTI Article 4 – Benefits and Challenges of Advancing Data Maturity
In this article, we outline the benefits and challenges of advancing data maturity and how to leverage the investments in LDTI as a foundation to address the data needs of the broader enterprise.
LDTI Article 3 – Top Business Impacts of LDTI
This article looks at how the changes in accounting policies affect actuarial measurements and what they look like before and after the implementation.
LDTI Article 2 – Get Ahead of Your Regulatory Requirements by Using the Power of a Data Fabric
For many insurers, this is the time to question the investment in upgrading legacy point-to-point systems, using LDTI as the reason to consider an upgrade to a data fabric that captures all components of the requirement.
LDTI – Accelerate Your Implementation with the Fast Follower Strategy
LDTI Article #1 – LDTI is the most significant change in decades to the existing accounting requirements under USGAAP for long duration contracts that are non-cancellable or guaranteed renewable contracts.
IFRS 17 – The Race to the Finish – The Standard vs Implementation Realities
In this final article of our IFRS 17 series, we pull everything together and discuss the other large standard impact that is likely to occur.
IFRS 17 – The Race to the Finish – Actuarial Work and IFRS 17
IFRS projects produce their own actuarial challenges. We discuss what changes you likely face, and how to address them.
IFRS 17 – Race to the Finish – Technology Solution: The Right Strategy for Data
This article outlines how the right data strategy for IFRS 17 can be extended across the enterprise to advance an insurer’s data maturity rapidly and cost effectively leveraging the investments in IFRS 17 as a foundation.
IFRS 17 – Race to the Finish – Don’t Underestimate the Complexity, Even for P&C
Even the simplest, monoline property and casualty insurers have realized there are significant complexities in practice. We have detailed some of the items you need to consider on your IFRS 17 journey.
IFRS 17: The Race to the Finish – Technology Solution Point-to-Point vs. Data Hub
Here are a few of the key implementation realities that insurers are faced with as they look to decide on upgrading their point-to-point system or upgrade to a new data hub environment.
IFRS 17: The Race to the Finish – The Standard vs. Implementation Realities
We have detailed a few of the key implementation realities that insurers are faced with as they seek to comply with the new standard.
IFRS 17: The Race to the Finish – Disruption and Transformation at Your Doorstep
With time running out, the only question left for most insurers is whether they use the opportunity of IFRS 17 compliance to simply create a minimum viable product or to truly transform their business into the 21st century and take a market leadership position.
Product Optimization: Your Competitive Advantage in a Changing World
The goal of effective product management is to ensure that products remain relevant, competitive, and profitable in the current environment. Product Optimization takes product management to the next level.
Large Regulatory Change Implementations in Financial Institutions
Must-do projects like regulatory changes can seem overwhelming and daunting, but it doesn’t need to be. With some careful forethought and the right expertise, regulatory programs can extend beyond just staying onside with the regulator, and set your organization up for long-term success.
2019 Ontario Budget Briefing Note
This Briefing Note highlights key elements of interest to our clients from the 2019 Ontario Budget announcement.
Developing Early Career Talent: 5 Strategies for Success
In today’s competitive business environment, attracting, developing, and retaining top talent is a critical success factor for organizations of all sizes. A robust and effective early career talent development program […]
Leading & Engaging Gen Zs – The Bold Approach
Born between 1996 and 2012, Gen Zs are the new age workforce that is gradually changing the landscape of the corporate world. As they enter organizations as early career talent , they often find it hard to adapt to traditional corporate cultures and leadership styles. But it’s not just Gen Zs struggling to adapt. Managers of Gen Zs are having a hard time engaging this new group of employees. So how do you inspire, motivate, and retain Gen Zs in the workplace?
How to Improve Analytics Capabilities and AAIM for Success
With technological advancement rapidly reshaping how we do business, a company’s ability to leverage data to make more informed decisions is the key to staying competitive in today’s market.
Whether your organization is beginning their analytics journey or is further along in its analytics maturity, an objective analytics capabilities assessment focused on using data to make better decisions is an important first step to achieve your analytics goals.
Optimus SBR Named 2022 Most Admired Corporate Cultures™ Winner!
What a thrill it is to be honoured as a 2022 Most Admired Corporate Cultures™ Winner! This award celebrates the Bold Attitude and Entrepreneurial Spirit each of us embodies.
Power BI vs Tableau – Which is Better?
Although Tableau and Power BI are similar business intelligence tools, there are key differences that organizations should be aware of when considering analytical requirement