We’re absolutely delighted to have won InsuranceERM’s “Reserving Solution of the Year” award for 2020.
In 2018 we expanded our cutting-edge Psicle ecosystem to include insurance reserving functionality, to strong interest from our current and potential clients. This expands our current suite of analytical and reporting capabilities to include a complex process core to all insurance businesses. Our broad reserving package, sitting within the end-to-end Psicle governance framework, perfectly fits the way insurers are fundamentally changing their reserving processes in response to the demands to run more complex processes faster and with more transparency. Psicle users are now able to run full reserving processes, including the subsequent cashflow, accounting and reporting processes, in minutes rather than weeks, with full auditability and governance over the process.
Thank you to the industry-expert judges for the award. It gives us additional validation that we’re on the right track, and we’re looking forward to sharing with our expanding client base and the wider market the additional suite of innovative solutions we’re building in the coming years.
To discuss how we can help transform the reserving process, contact firstname.lastname@example.org
For more details on how reserving processes can be embedded into Psicle, please see the following:
Reserving – https://www.psicle.co.uk/reserving-use-case/
Solvency II TPs – https://www.psicle.co.uk/about-our-software-modelling-environment/
IFRS 17 – https://www.psicle.co.uk/ifrs-17/