Mastering Financial Performance Management for Insurance

Available On-Demand
Date Held: March 18, 2014
Hosted by: Insurance Networking News
Duration: 60 Mins
Sponsor: IBM

Forecasting, planning and scenario analyses have become vital competitive tools for insurers. But insurance companies also have unique challenges when it comes to financial performance management. Many industry CFOs report that their staffs spend more time gathering and accessing information than analyzing it. Meanwhile, to create efficient and effective forecasts, insurers need to align their financial and actuarial premium planning processes. This, however, can be a complex undertaking that many insurance finance offices are reluctant to take on..

To help insurers make better use of financial performance management, this webcast will address a number of industry-specific issues including:

  • Calendar-Year Premium Planning vs. Underwriting-Year Premiums Planning
  • Adjusted Loss Ratios Modeling
  • Risk and Profitability Management
  • Labor and Expense Planning and Forecasting
  • Reinsurance

Join subject-matter experts Craig Bedell and Jim Collins of IBM Business Analytics and Financial Performance Management along with Owen Kimber, Worldwide Financial Services Sector Solution Lead for the IBM Business Analytics Group to discuss these challenges and the technology solutions that best address them.

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