Cross-Border: How to Achieve Fast & Efficient Tariff Implementation
6 Febuary 2024 | 9:00-14:00 CET
Cross-Border business holds significant importance in Europe’s insurance industry. Those involved in this business are well aware of its biggest challenges, particularly from a legal perspective.
However, addressing legal issues and meticulously determining each parameter of the retained tariff is insufficient to guarantee a successful product rollout across borders. The aim of this webinar is to focus on a crucial technical issue of cross-border pricing: the implementation of multiple tariffs into the IT system.
While this issue is relevant to the administration systems of all insurers operating within a single country, the lecture aims to demonstrate that fast and efficient implementation is even more critical in a cross-border context, using a concrete company’s business as a case study.
The objective of this web session is to provide an introductory understanding of cross-border business, followed by a specific focus on the technical implementation of cross-border tariffs in the IT system. To exemplify this, we will delve into a case study conducted within Squarelife's administration (test) system.
As a result of the web session, we will have implemented a simple term life product that meets all regulatory requirements (from accounting to reporting), with tariffs differentiated across three European countries. We will let the participants vote at the beginning of the web session which three countries these will be.
Your early-bird registration fee is € 200.00 plus 19% VAT for bookings by 26 December 2023. After this date, the fee will be € 270.00 plus 19% VAT.