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What is Aptitude IFRS 17 Comply?

Aptitude IFRS 17 Comply is a software as a service (SaaS) offering crafted to enable insurers to achieve rapid and cost-effective compliance with IFRS 17. This efficient, pre-configured version of our complete Aptitude IFRS 17 Solution is specifically designed for insurance providers aiming for a fast and uniform method of fulfilling IFRS 17 standards while laying the foundation for future transformation projects. Given the critical nature of IFRS 17 for applicable insurers, many are utilizing the Standard to bolster their financial and actuarial functions; nevertheless, smaller companies often seek to attain compliance with minimal disruption and at the lowest possible cost due to their constrained resources. To address this demand, Aptitude has introduced IFRS 17 Comply, a solution that meets the needs of insurers looking for a ready-to-use platform that is both quick to deploy and ensures compliance with regulatory standards. This forward-thinking solution not only permits insurers to concentrate on their primary business activities but also simplifies the intricate challenges associated with IFRS 17 compliance. As a result, insurers can enhance their operational efficiency while remaining compliant with the latest regulations.

What is Addactis?

Addactis offers an all-encompassing SaaS platform specifically designed for managing actuarial risks, adeptly meeting both the requirements for regulatory compliance and the financial considerations critical to profitability in both life and non-life insurance markets. This secure and scalable cloud solution prioritizes four key areas: smooth integration, effective workflows, enhanced analytics, and AI-driven capabilities. It includes a variety of integrated applications, such as IFRS 17 for accurate contract oversight and profitability assessments; reserving tools that adopt industry best practices to optimize reserving processes; capital modeling features that guarantee compliance with Solvency II and other regulatory frameworks like RBC and SST; and pricing solutions that enable a thorough process from technical premium assessment to rating, all aimed at promoting data-driven precision and bolstering profitability initiatives. With over thirty years of experience in consulting as well as research and development in the insurance realm, the platform utilizes advanced methodologies, practices, and actuarial expertise to yield outstanding results. In doing so, Addactis not only establishes itself as a frontrunner in actuarial software but also equips insurers with the tools needed to deftly handle complexities and uncertainties in their operations. This commitment to innovation solidifies Addactis's reputation as a trusted partner for insurance professionals seeking to enhance their decision-making processes.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Aptitude Software

Date Founded

2008

Company Location

United Kingdom

Company Website

www.aptitudesoftware.com/product/aptitude-ifrs-17-comply/

Company Facts

Organization Name

Addactis

Date Founded

1993

Company Location

Belgium

Company Website

www.addactis.com/solutions/

Categories and Features

Compliance

Not specified

Categories and Features

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