Business solutions for Insurance & Pension
A software suite that can collect and automatize calculation and reporting processes in the company and give the users better control, greater overview and complete transparency.
- Always optimized and compliant
- User-friendly workflow and audit
- Fast installation and out-of-the-box
- Integration with internal processes, models and projects
- Option for partial or full business process outsourcing
Our software solutions support companies who wish to optimize their work processes. Our programmes save you time while providing a greater overview of the entire calculation and reporting process. Additionally, we offer consulting services and projects in all the sector areas related to the solutions, for companies looking for even more knowledge or optimization in the specific business areas. The solutions are aimed at the insurance industry and is a suite consisting of multiple software solutions. Below, you can find a list of a few of our technologies:
Software solution for controlling, automating and enhancing end-to-end collaboration for your IFRS 17 implementation.The solution has built-in end-to-end models. For this solution, we recommend choosing our IFRS 17 project.
An out-of-the-box software solution, covering all three pillars, including XBRL and ORSA, for a robust, automated and controlled end-to-end Solvency II process. Our projects team also offers outsourcing of the entire Solvency II process, using the SII Engine.
An out-of-the-box software solution for validating, unifying and controlling the distribution of large bordereaux & claims data.
An out-of-the-box reporting software solution, including XBRL, for a robust, automated and controlled reporting. Our projects team also offers outsourcing of IORP II reporting, using the IORP II Engine.
The insureontrol software and projects are developed and supported by a highly experienced team of actuaries, business experts and software developers who have been working with these insurance areas for more than 10 years.
The first software solution was released in 2012 to support the insurance market in Denmark with Solvency II. When the Solvency II regime was launched in all of the EU, the SII Engine solution expanded its operations to support a growing list of insurance companies in 14 EU countries.
Along the way, additional software solutions have been developed to form the collection of InsureControl Solutions. The overall mission is to deliver technology for standard business processes, and at the same time give users and different stakeholders full control and complete transparency of their end-to-end calculation and reporting operations.
In addition to our team in Copenhagen, we have a business specialist team in Asseco Hungary. Our reporting technology is also supported and distributed via our local solution partners in selected countries, as listed below.
If you wish for further information regarding our InsureControl reporting solution, you are always welcome to contact us for a non-binding talk, demo or trial. We are always ready to explain and elaborate on how and why our solutions and projects can benefit your company.
"The SII Engine is very effective in producing the comprehensive requirements, and is at the same time highly intuitive to control all parts of the process, so we can be confident with our reporting."
CFO - Lars Aga Reisæter
"We decided to install the SII Engine to get better integration to our back-end systems, for more automatic data sourcing to SCR calculations and QRTs, and we achieved this. We also got a more consistent calculation and have reduced the risk of errors, mainly due to the reuse and aggregation of data in the solution. Overall, we have significantly improved control and understanding of our Solvency II processes"
Chief Actuary - Niels Rietdorf
"The solution is very smooth and streamlined in producing outputs for all 3 Pillars incl. XBRL, and the support team behind, is highly competent, making sure Gar-Bo is compliant going forward"
CFO - Erik Landén