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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. Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents

    News

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  2. Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants

    News

     Read more
  3. Saudi Central Bank Launches Google Pay Service Through Mada Network

    News

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  4. Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion

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  5. Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’

    Fintech

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