EVMTech has successfully implemented Solvency II compliant non-life and life models. Our bespoke software implementations integrate with the outputs of the pricing and reversing tools and compute an aggregate view that takes into account all aspects relevant at a legal entity level, including:
- Dependencies between insurance risks and asset risks
- Business plans for current year
- Intra-group transactions
- Third-party reinsurance
Our software implementations benefit from the industry-leading computational Risk Library. Our software teams cover business analysis and specifications, application architecture, user experience, actuarial and mathematical algorithms, coding and testing, and deployment of the applications. All relevant model governance aspects such as sign-off, or input and data ownership are defined during the specifications process.