The IFRS 17 data challenge and the technology solutions that insurers adopted to tackle it

Published on: Dec 07, 2022

In this second article of a four-part series, the Economist Impact team focuses on the technology considerations of the survey. The effort expended on the technology needed for IFRS 17 compliance was often more than initially estimated, but the expected benefits also appear to be greater. As the survey revealed, a much more transparent and agile finance capability may now be possible because packaged software helps to capture new information and offers new analyses that were previously impossible.

This publication was released by our Global firm.


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