The stakes are high for run-off managers and professionals should be properly equipped to deal with the various associated IT issues.
Indeed, Run-off management is critical, especially for long-tail lines. And with the recent introduction of the Solvency II Directive, we have witnessed more outsourcing of liability management. Therefore, a dedicated, scalable and flexible information system is required to limit the costs associated with run-off portfolios.
Based on its vast experience in reinsurance information systems, Julien Victor, Prima Solutions-Effisoft group CEO, has highlighted the tips to manage properly reinsurance run-off.
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