Solutions for Life Assurance Companies

Industry challenges

• Long-duration policy administration over decades
• Recurring premium collection and lapse management
• Actuarial reserving and IFRS 17 (GMM/VFA)
• Beneficiary, surrender and maturity handling

How the platform helps

Recurring premiums are collected automatically over mobile money and card; lapses, reinstatements, surrenders and maturities are handled by workflow; and contract-level data feeds actuarial and IFRS 17 measurement directly.

Expected outcomes

• Accurate long-duration administration
• IFRS 17-ready reporting from live data
• Reduced lapses through automated collection

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