IFRS 17 implementation

EY's detailed compliance services for insurance finance cover accounting, regulatory guidance and financial standards including IFRS 17, LDTI and ESG regulation. Our approach involves modifying, re-designing or re-engineering financial control structures to drive value beyond compliance. This streamlines operations by eliminating redundant controls, standardizing processes and centralizing operations. Our goal is to optimize your financial framework to establish compliance while uncovering opportunities for efficiency and improvement.

EY’s business steering services enhance strategic decision-making in Insurance Finance. We address the growing demand for reliable, timely and purpose-fit management information from internal stakeholders. Our approach focuses on providing actionable and forward-looking insights, as well as professional advice and tools to decode financial data, stay ahead of regulatory shifts and understand market trends. Our goal is to guide your business toward sustainable growth and profitability by aligning strategic steering with evolving market dynamics.

EY's is committed to fostering agility in your organizational model and optimizing the closing process. Our initiatives are designed to identify a fully adaptive and agile framework focused on increased automation and enhancements to improve the effectiveness, agility and efficiency of your financial close process. A key part of our strategy is the seamless integration of the IFRS 17/9 closing process with other financial operations to ensure a cohesive and streamlined approach. Our goal is to transform your operating model to make it more responsive and efficient amid evolving business challenges.

EY's offer a full set of services to help you harness data, technology and digitalization across key finance functions such as business steering, organizational model agility and compliance. We specialize in selecting and implementing the most suitable technology and vendor solutions for your unique requirements. Our approach includes guiding you in advanced data analytics for enhanced decision-making and propelling digital transformation. We also focus on improving your data's potential – improving management, governance, quality and privacy in line with regulatory demands. Our objective is to streamline and digitalize your finance function and establish effective data utilization and optimal vendor selection.