Finance leaders at insurance companies are encountering unique challenges as they prepare to adopt new international rules that are designed to account for financial instruments in general and insurance contracts in particular.
During this Webcast, we will consider the roadblocks that have traditionally slowed companies' adoption of new accounting regulations. We will also highlight recent technological advances that enable insurance carriers to accelerate their compliance with those accounting rules that specifically apply to them. And we will reveal what finance leaders at insurance companies can do now to:
- Stay on top of the latest developments in accounting regulations,
- Identify the organizational and procedural bottlenecks that often prevent finance teams from implementing changes to accounting rules in a timely and efficient manner, and
- Improve compliance with regulatory requirements and visibility into their companies' achievement of their financial, actuarial, operational, and strategic objectives.
Brett Maher, Partner, Financial Services, PwC