20 June 2018
This week, OAC was pleased to attend and support the Association of Financial Mutuals (AFM), including representatives of its membership, at an 'All-Party Group for Mutuals' meeting in Westminster, London, to discuss with parliamentarians the case for reducing Insurance Premium Tax (IPT) on mutual providers of health cash plans. Commissioned by the AFM to provide research into savings for the Welfare State from mutuality, OAC undertook further analysis for the meeting. The original research...
20 June 2018
This week, OAC was pleased to attend and support the Association of Financial Mutuals (AFM), including representatives of its membership, at an 'All-Party Group for Mutuals' meeting in Westminster,...
16 April 2018
On 11 April 2018, the PRA announced its consultation on the removal of the external audit requirement for "small firms" from 15 November 2018. Currently, Solvency II firms require an external audit...
12 April 2018
This article follows on from our previous article about implementing the Insurance Distribution Directive (IDD) which concentrated on the issues surrounding complex and non-complex products, wherea...
14 March 2018
We are sure you already know that the implementation of the Insurance Distribution Directive (IDD) has been delayed until later this year, and, like us, have welcomed that. The European Parliament...
06 March 2018
In January, the PRA announced it consultation (CP2/18) into a number of reporting changes to “reduce the burden” on Solvency II firms. This consultation closes on 13 April 2018. The purpose of this...
19 January 2018
OAC attended the Association of Financial Mutual's (AFM) Regulation Committee Meeting in January where it discussed, with the FCA, the implementation of the Insurance Distribution Directive (IDD)....
"We have adopted Mo.net as our actuarial modelling tool for a number of years. It is easy to use and understand, and extremely flexible. As a result we have been able to develop a platform for modelling our Solvency II requirements. Both business and IT staff have found the system straightforward to use, and it has integrated well with our other software platforms. Plus, OAC has provided excellent support during development and maintenance."
