Partnering Services

Distinct Solvency II Service Offerings

Solvency II Overview | Solvency Approach Options | Distinct Solvency Services

The following are a selection of the services provided by Distinct which would be relevant to Solvency II:

  • Solvency II Gap Analysis & Programme Planning
    Provide a Solvency II diagnostic, identifying the gaps to be closed, and defining the scope, deliverables, deadlines, and resources of the required delivery programme
  • Programme Management
    Management of the delivery of the Solvency II delivery programme
  • Programme Assurance
    ‘Healthcheck’ review of the current Solvency II delivery programme
  • Process Improvement and Documentation
    Process review, streamlining and documentation, including reduction in data entry errors, formal identification of key controls and process MI, plus streamlined reporting timetables
  • Data Quality
    Assessment of data readiness, and plans/support to make the necessary improvements to processes, data checking and data corrections
  • Capital Based MI
    Enhancement of the current Management Information to include appropriate Solvency II capital based measures, including link to the ‘Use Test’ requirement to build capital based measurement into the key management decision making processes

 

Why partner with Distinct for Solvency II?

Our Solvency II team have the required skills and track record to support you in planning and delivery your Solvency II programme. Key Highlights of Distinct’s expertise include:

  • Distinct have a team of insurance specialists who have worked across multiple dimensions of insurance
  • We have a wealth of methods and tools that are directly applicable to Solvency II - whether in process, data, projects, or change management
  • Experienced project and programme managers
  • Draw on Basel II Lessons from the banking industry. To access Distinct's article on Basel II Lessons, click here>

 

Our key competencies include:

  • Insurance data and process knowledge
  • Statistical modelling
  • Portfolio reporting and management techniques
  • Information management
  • Process re-engineering (Lean & Six Sigma)
  • Enterprise Risk Management

 

For more information on Distinct's Solvency II services or for copies of the insurance solvency approach checklists, please contact Kevin.Miller@distinctpartners.com or call +44 7720 426801

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