Analytics
The Problem Insurance providers that grow through acquisitions often face significant challenges when migrating multiple broker management systems to a unified platform. These migrations can be complex and resource-intensive, especially when dealing with legacy systems.
The Problem Independent insurance brokers require detailed insights into the performance of their agents to identify growth opportunities and areas where additional training may be needed. However, accessing this data in a secure and easily digestible format presents a challenge.
The Problem The Risk Sharing Pools (RSPs) in Ontario, Alberta, New Brunswick, Nova Scotia, Newfoundland, and Labrador allow automobile insurance companies to transfer certain private passenger vehicle policies. Insurers need a reliable way to model and report the financial benefits of ceding these p …
The Problem The adoption of IFRS 17 poses a significant challenge for the insurance industry, as it requires fundamental changes to accounting, actuarial, and reporting practices. This complex standard impacts IT systems, business processes, and employee skill sets, making the transition resource-in …
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