IFRS 17 and the Challenges of Financial Transformation
Insurers face significant challenges as they strive for profitable growth. Those that succeed will be those that embrace market innovation and the adoption of emerging technologies to thrive. In recent years there has been an increasing demand for granularity of financial data in the insurance world, and accounting developments such as IFRS 17 will demand even further scrutiny.
We are delighted to be hosted by PA Consulting for a breakfast event on 25th July to look specifically at how IFRS 17 is transforming finance, and how insurers can and should be responding.
John Madeley, PA’s insurance expert, will open the session sharing his outlook on the biggest challenges facing insurers today, as well as why they can’t afford to ignore the transformational scope of IFRS 17. Gordon McHarg from AutoRek will then discuss the challenges of delivering financial control, data transparency and granularity and demonstrate how AutoRek can mitigate risks associated with IFRS 17.