Regulatory

Regulation in the insurance IT ecosystem

Make sure you fulfil all regulatory requirements. Turn to us for solutions for Solvency II, GDPR, IFRS 9, and so on.

Like many other industries, the insurance sector is subject to regulations and standards – both Czech and European. Make sure that you meet all of them as you are supposed to, that your reporting processes are well set up and based on correct data. Prepare for domestic as well as international audits and checks. Avoid complicated searches, explanations, and possible sanctions.

Transparent reports from correct data

We’ll help you with reporting based on correctly consolidated data and with drawing information from adequate source systems within your insurance company. We’ll improve the traceability and transparency of your reports, as well as help you set up the right accounting and IT procedures.

We’ll implement regulatory methods and processes in your insurance company’s IT ecosystem. We’ll go through the processes you’ve already set up and verify that your calculations are correct. If we find any discrepancies, we’ll propose specific procedures for you to solve the situation that has arisen.

We work for large Czech and foreign insurance companies, and we’ve been dealing with the insurance market for more than 20 years. Turn to us for help regarding:

  • Solvency II
  • IFRS 9
  • IDD, resp. ZDP
  • PRIIPs
  • GDPR
  • MiFID II

Would you like to make sure you’re reporting in accordance with all the regulations? Contact us and arrange an appointment with one of our experts.

705 %

The number of information obligations of Czech insurance companies has increased by 705% over the past 5 years. (Source: Jan Matoušek, ČAP)

Get more info today, start implementing tomorrow.

Thank you

We will contact you as soon as possible.

Martin Bergner

Martin Bergner