Data Quality: Improving Business Decisions While Addressing a Key Solvency II Requirement

Many insurance companies are accustomed to dealing with data quality issues, but the larger concept of data management can be more difficult to address, due to the amount of data and the number of processes to assess and monitor.

Accenture has developed a four-step methodology to help insurers improve their data reliability. The report outlines these and considers elements from three major Solvency II consultation papers (CP 33, 43 and 60), cross-referencing each to provide directives on

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