Starr Insurance Companies joins the Aptitude Software client community

Aptitude is delighted to welcome Starr Insurance Companies as our latest client. Founded in 1919, the organization currently has a presence across six continents.

Starr Insurance Companies has selected Aptitude’s IFRS 17 Solution to ensure timely compliance with the regulatory standard, IFRS 17, and provide a foundation for digital finance. They have also selected Aptitude Calculate to perform the complex calculations required of the IFRS 17 standard.

Aptitude’s IFRS 17 Solution is the most mature solution on the market and is the solution of choice for many insurers across the globe including FWD, Aviva, PALIG, CAA, and many others. Recently Aptitude was named the category award winner for IFRS 17 – Accounting Systems in the latest Chartis 2022 RiskTech100^® Report, which assesses leading vendors of risk technology solutions. This is the second year in a row Aptitude has been recognized by Chartis for the strength of their IFRS 17 Solution.

Solution differentiators include over 20 years of built-in, insurance-specific IP – calculations, business events, processes, and templated disclosures – which accelerate and derisk the implementation process. Aptitude IFRS 17 Comply is a simplified, pre-configured version of the Aptitude IFRS 17 Solution, designed for insurers that are looking for a faster, more standardized path to IFRS 17 compliance while laying the foundation for future transformation projects.