While the bulk of the IFRS17 calculation burden sits with the company’s actuaries and dedicated IFRS17 valuation engines, there is also an impact on underwriting systems. Whether you have chosen a specific valuation engine or will be handling this via augmentation of existing actuarial tools and reports, your underwriting system will need to capture new data and export new or amended reports.
Eurobase has recognised this and enhanced synergy2 data capture to support IFRS17 requirements.
About Eurobase International Group
Eurobase is an international software and service provider to financial institutions in over 25 countries. We provide enterprise-wide solutions for (re)insurance companies, banks and other financial institutions as well as IT recruitment services. We pride ourselves on our personal approach, ensuring we deliver the support and flexibility our customers need and the service they expect.