Aptitude’s Global Insurance IFRS 17 Readiness Assessment
Why complete the readiness assessment?
- Uncover systems considerations and challenges
- Understand market best practices
- Benchmark your needs against those of your peers
- Forecast finance architecture changes to support IFRS 17 business cases
The core questions have been distilled from our discussions with Big 4 advisory firms, several completed IFRS 17 proof-of-concepts, over 300 conversations with customers, and our extensive study of the systems/change requirements.
Published results will be anonymous.
The IFRS 17 Readiness – Assessment will ask you about:
- IFRS 17 project status and preparation to date
- Your business model: volume and variety of insurance contracts
- Accounting judgments including IFRS 17 measurement models and anticipated unit of account
- Actuarial environment and considerations
- Finance environment and related accounting considerations e.g. dual reporting, regulatory requirements
