It was held on May 17th.
Daniel Quermia, Deputy General Manager & CFO, and Álvaro Cano, Administration and Finance Analyst, shared MAPFRE RE’s experience and showed the benefits of implementing Ruschlikon Lite as a method of sending accounts, highlighting:
An improvement in turn around time and cash flow through automation, with an improvement in data quality and data security (Solvency II).
A reduction in reconciliation work efforts, maintaining close collaboration between business and IT, and collaborating with retrocesionaires (receivers) through Ruschlikon.
And an improvement in data quality by having an automated data transfer once the quarter is closed.
The Ruschlikon Initiative connects leading players of the (re)insurance industry to advanced processes such as risk placing, technical accounting, claims and settlement using the ACORD Global Reinsurance and Large Commercial (GRLC) Standards.