Pillar III Reporting and Data Quality 2016

With Solvency II regulations, data validation reports and ORSA work streams, reporting has been a top priority for insurers in the last decade and data sits at the centre of all of this reporting. Considering insurers have been grappling with the best tools and processes for reporting and data governance for some time, this is not a new challenge, but with the Pillar III reporting requirements having gone live in March 2016, this is the point where it is most essential for insurers to consider whether their Pillar III reporting compliance processes are up to speed with the requirements. But there is no quick fix for an insurer to guarantee reporting is meeting the requirements as achieving data quality and accurately reporting is a lengthy and drawn-out process. This conference will enable insurers to drive improvements in reporting and data frameworks now that Pillar III reporting has gone live enabling progression into business as usual and unlocking commercial value from data. Key Topics: -Re-examine practical approaches and controls for reporting and data governance to ensure this works alongside Pillar III -Build a fully integrated set up for Pillar III reporting in order to maintain data quality standards -Ensure data quality is achieved by governing Pillar III reports and data used in multiple business lines -Move the governance of reporting and data into business as usual to achieve a commercial advantage