韬睿惠悦WillisTowersWatson_业务宣传册Brochure_T500C.com_Solutions for life 2.pdfVIP

Solutions for Life Risk and actuarial transformation Modular. Flexible. Integrated. Powerful. Solutions for Life Solutions for Life is a comprehensive, integrated portfolio of software tools and consulting services that provide cutting-edge solutions across all areas of the risk reporting process. They are designed to work together or individually within your existing eco-system and can either replace entire processes or just individual sub-optimal elements. Broken processes not delivering Demanding regulatory reporting timescales and governance To support these ends, the actuarial function should be: requirements, cost pressures and new technologies are forcing insurers to work smarter and achieve more. ƒƒProviding insightful analysis However, for many companies, analytics processes are ƒƒUsing robust processes not fit for purpose today, not least the future, with legacy ƒƒCost efficient in its own right systems and processes having evolved in an ad hoc fashion resulting in inefficiencies, lack of governance and ƒƒAble to respond quickly and adapt exposure to process failure. The future will require analytics that underpin timely decision making and support the However, in many cases a number of roadblocks are transformation of day-to-day business. holding companies back, namely slow, inflexible, inefficient, unreliable processes with a focus on regulatory tick boxes. Life insurers need their business to be capital efficient, to produce increasing revenues whilst managing costs downwards, all whilst complying with current regulations and reporting requirements. Figure 1. Moving actuarial systems to an efficiency beyond regulation Cost efficient Fast Robust