Risk-Aware Accounting for the Modern Insurer
Updated: Nov 16, 2020
Next week we will be hosting the Transformative Finance Exchange in partnership with Oracle Financial Services. This unique event aims to cover 3 critical areas including, Insurance, Financial Transformation, and Performance Management.
For the third panel discussion we zone in on "Risk-Aware Accounting for the Modern Insurer" with an incredible panel of industry experts:
⭐️ Oscar Kitasoboka, FIA, MBA - UAE Insurance Authority
Risk-aware accounting is the new order. It is imperative for financial institutions to unify and standardize diverse accounting and #actuarial practices. The wave of new #accountingstandards brings an overhaul to data requirements and legacy systems and processes. This impacts the system of record for #insurancecontracts, how #profitability is measured, and #reporting. Stakeholders need to derive new ways of measuring business growth and value.
Join us at 2.55 pm GMT on November 18 for a timely discussion on the best strategies to unify and standardize diverse accounting and actuarial practices. The panel will also examine data management challenges; old legacy systems and process challenges while facing the wave of new accounting standards. Finally, they will discuss the impact on the system of record for insurance contracts and best practices to measure profitability and reporting.
It should be an insightful 50 minutes and we will reserve time for audience questions as well.
About the Transformative Finance Exchange:
Many have not experienced a year like 2020. Operating in today's "new normal" is forcing financial institutions to revisit how they can remain resilient and respond quickly to pivoting business demands. Discover the impact of these disruptive forces and learn what leading practitioners are doing to respond effectively across finance, risk, and treasury departments.
We've curated a dynamic panel of the industry's leading voices to discuss the ins and outs of what is driving resilience in the Financial sector and how to leverage cutting-edge technologies, data, and analytics to succeed.
CONNECT: Overcome geographic boundaries and virtually exchange business cards with key industry contacts leading transformation in their organisations
GROW: Meticulously designed to maximise your growth with 4 powerful panel discussions and 15-minute one-one AI-driven intent-based meetings
GAIN: Access a library of on-demand videos that are helping to transform departments across financial services