IIC Consultores
IIC Consultores, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. IIC Consultores collaboration with software players such as Willis Towers Watson empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| IIC Consultores | Willis Towers Watson | Willis Towers Watson RiskAgility FM | Risk Management | TRM |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
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Allianz Colombia | Insurance | 680 | $1.1B | Colombia | Willis Towers Watson | Willis Towers Watson RiskAgility FM | Risk Management | 2022 |
In 2022, Allianz Colombia migrated actuarial MoSes models into Willis Towers Watson RiskAgility FM to strengthen its Risk Management capabilities for finance and actuarial reporting. IIC Consultores led the engagement in Colombia Latin America, targeting monthly reserves and valuation model delivery for the finance and actuarial function.
The implementation concentrated on actuarial and reserving functionality within Willis Towers Watson RiskAgility FM, transferring model libraries and valuation workflows into the RiskAgility FM modeling environment to enable more maintainable actuarial models and automated reserve calculations. Configuration emphasis included model governance, parameterization, validation workflows and process automation consistent with Risk Management practices.
Operational scope covered Allianz Colombia finance and actuarial teams, with workstreams for model conversion, validation and operationalization to put migrated models into production for monthly reserves and reporting cycles. IIC Consultores managed the migration, testing and rollout activities to operationalize MoSes models inside the RiskAgility FM platform.
Reported outcomes from the engagement include automation and performance improvements and faster, more maintainable actuarial and valuation models for monthly reserves and reporting, as stated by IIC Consultores. No infrastructure, cost or user scale details were disclosed.
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