Guidance for Climate Change Risk.
Following initial stakeholder consultation, the Central Bank of Ireland published its paper “Guidance for (Re)insurance undertakings on Climate Change Risk.”
Digitalisation and automation in the insurance industry
Digitalisation has changed the world of customer service and customer engagement rapidly. Companies are facing several touchpoints and an increasing number of incoming messages and requests. Meanwhile, customers are expecting a 24/7 self-service.
In order to continue to provide an excellent customer journey, the integration of chatbots can enable Insurance companies to scale their customer-facing processes. Chatbots can process client queries, deliver product recommendations, process simple claims, assist through the purchasing process and can deliver valuable analytics insights.
Mazars and Spixii have combined their expertise in processes, technology and deep understanding of the insurance industry. This bundled know-how keeps driving efficiency, agility and performance while ensuring compliance with the applicable regulation.
SPIXII Automated Insurance Solutions are self-enriching to generate increasing value
Award-winning Spixii conversational process automation (CPA) platform combines intelligent chatbot, connectivity hub, analytics and insights for P&C, Life and Health insurers.
 | 1. As a customer centric solution, Spixii intelligent chatbots guide the customer and generates key information required by the insurance process (e.g. underwriting, touchless first notice of loss, renewal). |
| 2. Through stringent data and security standards, Spixii connectivity hub integrates the chatbots to your insurance processes and systems, let it be legacy or modern platform. | |
| 3. Using machine learning, Spixii advanced analytics transform data in actionable insights for insurers via frequent knowledge reports laying the foundation for future iterations. |
Beyond the GAAP no.176 - April 2023
Less than six months after launching the standard-setting project, the IASB seems well on the way to finalising the amendments to IAS 12 that will introduce a temporary exception to the recognition of deferred taxes resulting from the implementation of the OECD Pillar Two rules. The IASB acknowledged the timely and helpful feedback from stakeholders on its proposed amendments and, at the end of...
Insurance regulation newsletter - Issue 5
Individual accountability, climate, consumer protection and digitalisation featured prominently on the regulatory radar during Q1 2023. The Mazars insurance newsletter will update you on all the news and changes in the Insurance industry.
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Martina Mahon Partner, Audit & Assurance - Dublin
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Audit & assurance
Independence and rigour that provides confidence and transparency for stakeholders and society.
Pre-emptive recovery planning for insurers
Regulations requiring recovery plans for (Re)insurers were published in April 2021. Following a consultation period with industry, a deadline of 31st March 2022 has been set for preparation of plans.
Reviewing actuary
The requirements are set out in the Central Bank of Ireland’s Domestic Actuarial Regime, which became effective on 1st January 2016.
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Building the future of financial services with forward thinking solutions
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Amplify your business with innovative solutions
Process automation & digitalisation
A strategic, cutting edge approach to increasing efficiency