Grappling with an ultra-low interest rate environment, insurers are seeking to cut costs and drive product innovation to tap into new sources of revenue.
Heightened solvency regulation and capital requirements, and ever-growing cyber threats add to the complexity of insurance organizations achieving growth and profitability.
We help insurers leverage new technologies to improve product offerings and customer experience, while generating significant improvements in their cost base.
Our global practice brings deep industry knowledge from working with over 100 insurance clients including 80% of the top five life and top five property and casualty insurers. We utilize integrated teams of insurance accounting, risk management, business and technology advisory professionals to help insurers design pragmatic, risk sensitive solutions to tomorrow’s challenges, today.
It is time for internal audit leaders to build what we term the next-generation internal audit function.
Current KYC processes are manually intensive and time-consuming, resulting in poor customer experience. FIs can overcome these roadblocks by adopting digital solutions to optimize KYC processes.
In this white paper, we offer our commentary on the 10 risks most often cited by leaders, including implications and strategies for effective risk management.
In today’s environment of digital change and growing cyber concerns, operational resilience continues to be top of mind for industry executives around the world.
Stay informed with Protiviti’s latest commentary, insights and points of view on key challenges and risks facing companies today, along with new and emerging developments in the market.