Strategic Insurance Systems

Strategic Insurance Systems (PTY) Ltd was recognised at Mutual & Federal Risk Financing’s Annual Naledi Awards for its Strategic Vision on IFRS17.

The International Financial Reporting Standard (IFRS) comprises a set of rules that govern how entities report on their financial performance in a way that is comparable to other similar entities around the world.

IFRS17 seeks to create credibility about an insurance company’s financial position, performance and cash flows. The ability to report on the IFRS17 standard is predicated on the availability and quality of detailed insurance data.

We owe our system and data success to iSixty Services, who has been instrumental in designing, developing and managing an ideal insurance platform solution suited to our business. With the support of iSixty Services, we look forward to evolving and achieving the requirements set out by the IFRS17 standard.

Thank you and well done to everyone involved!

If you’re an owner-operated short-term insurance broker looking to partner with a personal and commercial lines underwriter that has a leading insurance platform contact [email protected] to find out more.