Internal models

    How to obtain maximum value from internal models

    In part two of this InsuranceERM / Willis Towers Watson roundtable, participants discuss their approaches to model usage, their ambitions for the model of the future and ways to improve model efficiency.

    Internal models: from the wings to centre stage

    Internal models have moved from being regulatory capital tools to become an essential part of decision-making. In part one of this InsuranceERM / Willis Towers Watson roundtable, participants explain what internal models have delivered, the importance of communication with the board and how models can cope with change