Willis Towers Watson - Igloo Standard Formula
Type of System
- Capital modelling
- Risk management
- Asset/liability management
- End-to-end ERM
- Solvency II solution
- Internal/external reporting
- Portfolio analysis/hedging
- Governance, risk, compliance (GRC)
Type of platform
Other features - the offering facilitates:
Solvency II standard formula
What are the typical implementation costs?
It varies with the scope of the implementation, with businesses licensing Igloo Standard Formula ranging from multinationals through to mono-line insurers. However, we typically find that Igloo Standard Formula is implemented at very low cost.
How long does your software take to implement on site?
The time to fully implement Igloo Standard Formula varies according to the nature and requirements of the business. However, Igloo Standard Formula can be used within a business immediately.
Please name companies that use the system/solution
References are available on request
Igloo Standard Formula results in a robust calculation of your SCR, which is quick to implement and regularly updated.