Posthuma Partners signed a strategic partnership with Secondfloor in the 4th quarter of 2017. The partnership combines top-level Actuarial software and Solvency II solutions for the European Insurance Market.

Who is Secondfloor?
Secondfloor is the specialist in Insurance Risk management solutions in Europe. Secondfloor offers IT solutions that fit any size of insurance companies. With their strong track record and excellent know-how, Secondfloor is approved by regulators throughout Europe. The product offering of SecondFloor enables efficient analytics, regulatory and management reports on time. Every time. SecondFloor is a preferred supplier for a wide range of environments; internal model platforms, standard formula processes and regulatory reporting tools for QRT’s (XBRL), SFCR, ORSA and RSR.

Posthuma Partners’ role
Posthuma’s software tool IFM® assess an insurance portfolio by means of stochastic modeling. IFM® provides 4 types of client-solutions:

· Analysis and control of a portfolio, cost-effective management control;
· Valuation, Validation and Predictive Power of a portfolio;
· Improving business profitability;
· Regulatory demands: ORSA, Solvency II, IAS/IFRS

Added value
Posthuma’s IFRS17 proven software tool IFM is highly suitable for the input of SecondFloor’s Solvency II Service. This combination makes the two parties a strong force to front IFRS17 and Solvency II for insurers.

Questions about financial regulations and how our system can easily support your business? Have a chat with Marc Dijkstra through dijkstra@posthuma-partners.nl or + 31 182 231 266

Interesting news? Dont forget to share.