IFRS 17 PoC
Legerity’s Cloud based Proof of Concept for IFRS 17 provides confidence to Insurance providers seeking technology solutions to the new global accounting standard – delivering a clear and structured route from impact assessment to implementation, by demonstrating the power of market-leading technology that exists today.
Each PoC is time-boxed, scoped, and has a pre-agreed set of inputs and deliverables. Legerity’s IFRS specialists work with client teams across a range of scenarios using our FastPost accounting rules, CSM, LRC and calculation engine technology. Demonstrating the platform’s processing power, flexible configuration, comprehensive data management, and ability to integrate with existing systems seamlessly via a SaaS model.
End to end process
Each PoC begins with structured planning and discovery sessions. This helps ensure that a comprehensive selection of IFRS 17 scenarios and requirements, including BBAGMM, PAPA, VFA and reinsurance, are covered end-to-end. Additional, client specific requirements can also be included at any stage.
Cloud
Legerity leverages the latest AWS cloud technology to quickly implement each PoC programme, ensuring maximum, on-demand processing power, while at the same time remaining non-disruptive to existing Finance & Actuarial systems.
Adaptable
The PoC solution combines efficiency with configurability, and is tailored to the specific scenarios, data sources, business needs, and technology estates of each Insurance provider – which differ from company to company.
NEWS
April 8, 2021
Insurance Risk & Governance Summit 2021
Legerity is pleased to sponsor the Insurance Risk & Governance Summit, taking place virtually on 27th May 2021.
April 8, 2021
Legerity welcomes Nick Cromie
Nick will add his experience to Legerity’s IFRS17 activities, and lead the Financial Services strategy, with a focus on banking.
April 6, 2021
Digital Transformation in Insurance Conference 2021
Legerity is pleased to sponsor the Digital Transformation In Insurance Conference, taking place virtually over the 5th and 6th May 2021.
February 26, 2021
Legerity awarded IFRS 17 Solution of the Year by InsuranceERM
Legerity is delighted to have won the IFRS 17 Solution of the Year by InsuranceERM, the Oscars of the Insurance sector.
February 19, 2021
Legerity welcomes Atanas Jelev as Client Services Director – Digital Transformation
Legerity welcomes Atanas Jelev back to the company from his recent role as a Senior Manager at KPMG.
February 8, 2021
IFRS17 Webinar: The Challenges of Reinsurance – How to implement Reinsurance under IFRS17
This free webinar will examine the primary design and implementation considerations for ceded reinsurance under IFRS17.
January 18, 2021
Legerity Live: Meet the IFRS17 Experts
Every last Tuesday of the month, Legerity goes live on LinkedIn with our IFRS17 expert Mark Miller answering your questions.
December 22, 2020
IFRS17: The Year in Review – Prepare for Success in 2021
We are pleased to provide an update on our company, our FastPost platform, and the markets we operate in, as we look forward to 2021.
December 16, 2020
Book a One-to-One with an IFRS17 Implementation Expert
Discover the simple and effective route to IFRS17 compliance with our expert one-to-one guidance.
Contact Us
If you would like a member of the Legerity team to get in touch,
please send us your details and we will contact you directly.