Solvency II guidance makes it very clear that data is at the centre of all core compliance requirements. Each insurer needs to establish a transparent data policy surrounding the completeness, accuracy, appropriateness and materiality of all data consumed.
Data feeds all aspects of an insurance company’s operations and the transparency and traceability of this data is core to ensuring consistency and integrity of reported information both internally and externally. As a result, we consider data to be at the centre of all key functions and have developed our services and solutions focused primarily at this data layer.
Moore Stephens offers fully Solvency II compliant, cost effective enterprise–wide, data management solutions for the insurance market including:
- data governance
- data dictionary and directory
- data health check
- spreadsheet management.
We have teams of experts in management information and reporting, risk management, data governance, internal models, internal audit and external disclosure.