Barnett Waddingham partners with Solvency II Solutions

Barnett Waddingham has today announced a strategic partnership, which teams Solvency II Solutions’ ‘Tabular’ platform with our actuarial consulting services, to help insurance companies to meet Solvency II reporting requirements.

The partnership will offer companies a simple ‘end-to-end’ service that will take the stress out of Solvency II reporting requirements which will be compulsory from March 2016.

Through its ‘Tabular’ platform, Solvency II Solutions offer the insurance industry a simple cost effective solution for Solvency II data integration and reporting, while our consulting experience in system and process transformation will help insurance companies to reap the benefits of an efficient, repeatable and auditable Solvency II reporting framework.

John Staines, CEO, Solvency II Solutions: “We are very excited to come to the market with this joint proposition. Barnett Waddingham offer Solvency II program change expertise that Tabular clients wishing to bring in external resource can take real benefits from. The competitive price point and innovative offerings of both parties make this a compelling proposition for insurers looking for an efficient and sustainable Solvency II reporting framework.”

Scott Eason, head of insurance consulting, says: “We are very pleased to announce our partnership with Solvency II Solutions. The idea behind this partnership was to develop a solution which makes complying with the new Solvency II reporting requirements as hassle free as possible for insurance companies. The partnering of Solvency II Solutions’ Tabular technology and Barnett Waddingham’s consulting expertise will allow the insurance market access to a cost efficient and complete end-to-end solution.”