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June 27 2023

Liza Richardson – Challenges In The Insurance Industry

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Liza Richardson, VP, Solutions – Finance Transformation at Aptitude Software Limited, provides an explanation of the challenges currently faced within the insurance industry.

“Over the last few years, it’s been an industry that’s been subject to a lot of regulation and regulatory change, and it’s just been one thing after another. They’ve had Solvency II come along, and now we’ve had IFRS 17.”

“It’s been a significant change for the insurance industry, and it’s really changed the way finance and the actuarial teams have to work together, and have to work together hand in hand instead of being two separate islands that used to do things. Now, you’ve had to automate the feeds from the actuarial systems and get them into the accounting.”

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Liza Richardson

Liza Richardson

Aptitude Software

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Aptitude Software

Aptitude Software
  1. InsurTech NY Announces Insurance Carrier CEO Keynote Panel

    Events

     Read more
  2. Insurtech Insights Europe 2026 Announces Speaker Line-Up as 6,500+ Industry Leaders Gather in London

    Events

     Read more
  3. Santander and Mastercard Complete Europe’s First Live End-to-End Payment Executed by an AI Agent

    News

     Read more
  4. Santander UK Announces Intention to Appoint Nicola Bannister as New TSB CEO

    Hiring

     Read more
  5. Smartstream’s Final ISO 20022 Paper Reveals 67% of Errors Are Due to Data Quality and Calls for a Holistic Operating Model

    News

     Read more
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