Improving Regulatory Reporting at Scale with Tokio Marine HCC
The client:
A global insurance provider specialising in underwriting complex risks including property, professional liability, accident, commercial bonds, and credit insurance. Operating across multiple jurisdictions, they manage vast amounts of sensitive financial data subject to stringent compliance requirements.
The Problem
• New international standards — including IFRS-17 — required deeper, more transparent reporting.
• Legacy systems couldn’t produce granular policy and liability views needed for compliance.
• Financial reconciliation was slow and error-prone, increasing operational risk.
• The existing platform lacked the flexibility to adapt quickly to regulatory or business change.
Without an overhaul, the company risked non-compliance, higher operational costs, and reduced confidence from both regulators and the market.
The Result
The new platform replaced slow, manual reconciliation with automated, repeatable testing at scale. It delivered a granular, reconciled enterprise view of policies and liabilities, giving leadership clear, trusted insight. Regulatory confidence increased with a standards-ready platform built for IFRS-17 and beyond. And with a fully upskilled internal team, the business is now self-sufficient — no longer dependent on external expertise to maintain or grow its data capability.
The Solution
Business Thinking partnered with the insurer’s internal team to design and implement an enterprise-scale Data Vault platform built for accuracy, scalability, and regulatory confidence.
Our approach included:
• Architectural design & tool selection tailored for complex insurance data.
• Collaborative modelling and delivery to embed best practices from day one.
• Automated testing at scale — thousands of repeatable, detailed scenarios for continuous assurance.
• Early delivery support to accelerate implementation and build internal confidence.
• Upskilling the internal team so they could manage and extend the platform independently.
1,000s of automated tests with detailed reporting
Granular, reconciled policy and liability view
Enterprise models built across core insurance domains
Technology Used
