On July 8, 2020, Systemorph AG conducted its first virtual roundtable for IFRS 17. Carriers, partners, advisory companies and software providers held a lively discussion about challenges, experiences and learnings from an implementation perspective.
In oceangoing vessels, a lifeboat is a small version of a ship that has the same capabilities as a ship but on a limited scale. Similarly in our industry, an IFRS 17 Lifeboat enables you to implement and operate your model against real data on a smaller scale, to validate your strategy and your IFRS 17 project plan
While IFRS 17 places new reporting requirements on insurers, in reality compliance with the new standard will impact insurer data management at many different levels. That’s one of the insights shared in a new article published by our partner Synpulse written by Systemorph’s Dr. Daniel Trzesniak and Synpulse’s Daniel Diederichs.
On March 11-13 in London, our CEO and founder Dr. Roland Bürgi and Zurich’s Group Chief Actuary Brian Bissett will deliver a keynote presentation at the Marcus Evans conference. The discussion will cover the impact on core insurance, investment, actuarial and reporting systems, and will describe changes, flexibility requirements and new features for IFRS 17.