Enterprise Risk Management Technology Guide 2025/26

Barnett Waddingham - SIIMPLIFY

Type of system

  • Solvency II solution
  • Version supporting UK regulated entities available

Type of platform

  • Desktop-based

Other features

  • Solvency II standard formula

What are the typical implementation costs for your product?

Implementation costs will vary depending upon the scale and complexity of the business.

How long does your product take to implement on site?

Software is provided by a file transfer or by web-link and is available instantly. Typical set-up time is less than one day to link the required data from sources.

Please name companies that use the system/product

SIIMPLIFY is used widely in the market by both life and GI companies to carry out the required calculations.

Product summary: Please summarise your product’s key points for re/insurers in no more than 100 words.

SIIMPLIFY enables a quick and easy calculation of the standard formula SCR under Solvency II.

Website

www.barnett-waddingham.co.uk/siimplify/

Email address

[email protected]