London Market Insurer Reserving Transformation
Type
Regulatory & Business Critical Project / Agile Delivery
Region
United Kingdom
Duration
March 2022 – July 2023
Specialism
A major insurer partnered with XPS to transform reserving processes and ensure IFRS17 compliance, delivering a new system that improved data quality and streamlined reporting.
Meeting the demands of IFRS17 across multiple jurisdictions was always going to be a complex challenge, but XPS brought the structure, pace, and expertise we needed to get there. Their Agile team quickly integrated with our internal functions, delivering value from the outset and adapting effectively to evolving priorities. The reserving system they implemented not only met our immediate compliance deadlines but also improved the overall quality and accessibility of our financial data. We now have a robust platform in place to support future regulatory needs and reporting cycles.
