NSIGMA - IFRS 17
Comprehensive Solution
A New Era of Insurance Reporting Everything changes
Clients
We Are Nybblelogics
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Reduce
Operational Cost
Increase
Profitability
Better Service to
Its Customers
MANAGED SERVICES
IFRS 17 Services
IFRS 17 implementation requires an exhaustive approach with extensive changes to technology, actuarial and accounting and reporting functions. Therefore, it is crucial to have the right technology and people in place, including those who will work on and manage the implementation.
We provide access to our IFRS 17 calculation engine along with seamless support from a team of accounting, actuarial and IT professionals. This service fills the gap for insurers who do not have the right internal resources to manage IFRS 17 requirements.
Our team have deep expertise in the insurance domain. We thoroughly understand insurance company structures, data processing requirements, traditional accounting and regulatory reporting compliance and evolving technology capabilities. We have experience in participating in actuarial and finance transformation journeys with leading insurance companies. We partner with insurance companies on their end-to-end IFRS 17 journey, helping them achieve compliance, and providing managed service solutions.
Unique features of our managed services
- Actuaries, Accountants, and IT analysts working closely together
- Cost effective – Insurers do not require to invest heavily on applications and systems
- End-to-end support from data quality, IFRS 17 modelling, aggregation, discounting, risk adjustment, expense allocation, GL posting, Disclosure reporting, Reconciliation from IFRS 4 to IFRS 17, Interaction with your external auditors, and Management reporting
- Support insurers in preparation of Regulatory reports
- Easy to implement
- Minimum data modifications in your existing core systems – both core and finance systems
- Blended with actuarial and finance calculations
- Easily integrates with existing systems or data-upload
- Simple and user-friendly
TALK TO PROFESSIONALS
Why Choose Nybblelogics
Outsourcing
Outsourcing
Our proven technology tools, processes and industry expert teams mean ease, scale and flexibility for you. While you focus on your key projects and deliverable, we take your operational hassles away by recruiting, engaging and managing your outsourced remote teams.
Our Outsourcing services are aimed at providing affordable and cost-effective support services specifically for insurance companies under onsite, offsite, or mixed mode. We have a well-defined Service Level Agreement (SLA) enabled support processes
Program Delivery Service
Program Delivery Service
- Program Management
- Core Implementation
- Integration
- Migration
- User Acceptance Testing
- User Training
Digitilization
Digitilization
- Technological leadership & Product Innovation.
- Customer Ownership
- Efficiency (cost savings) & Effectiveness (higher returns)
Finance Processes
Finance Processes
Today, challenges such as legacy technology hurdles, a hyper-competitive market, rapid technological innovation, changing Regulatory requirements, and shift in customer service preferences have limited insurance companies in their ability to achieve a greater competitive advantage and to meet specific business goals
WE’VE GOT YOU COVERED
Our Partners
Enoviq digitally transforms your business model, operational process, and customer experience through cloud-based API-enabled solutions. Also, to provide best software used by insurance companies.
InsurerMate is designed to be a Next-gen Platform for All Purposes to address the digital transformation needs, from Omni-channel Distribution Platform to Micro-Insurance Platform, it can also be tailored for anything in between by enabling different key
TARLEEN is a digital transformation and cloud solutions company with strong expertise in Financial Services & Insurance Services. We have the experience, expertise, and vision to drive, targeted services to individual customers.
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The leading global no-code software company enabling enterprises to build modern applications that deliver digital experiences and drive business growth without having to write any custom code.
Peak3 is the pioneer of insurance SaaS technology. Our purpose is to make insurance more relevant and affordable through cloud, data, and AI innovation.
Business Principles
Certain values are essential when providing independent professional advice, such as: integrity, respect, professionalism and compliance with all applicable laws and codes of professional conduct. We view these values as “entry to the game” and pride ourselves in making them core characteristics of the way we operate.
- We make sure our clients come first
- We innovate, committed to excellence
- We win as a team, celebrating success
