Achmea

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Active in 8 European countries, Achmea is the holding company for a group of strong, successful insurance brands. Employing 17,000 people, it is the biggest insurance provider in the Netherlands. It is active in Health, Life, Non-life and Pension insurances.
 

Strategy
 

Achmea’s strategic goal is to become the most trusted insurance company in Europe. For risk management, they wanted to achieve compliance with Solvency 11 and IFRS, a transparent process oriented organisation and improvements on the integrated control of the insurance services.

 

Approach
 

By using VisionWaves’ software, the reporting processes, risk and controls have been mapped and described for Solvency 2 and IFRS. Processes are linked to work instructions and displayed through tailored cockpits. Managers and employees now have full insight and control over their work areas.

 

Results
 

Achmea has gained a better rating from rating agencies. Transparant processes for external reporting now comply with Solvency II and IFRS. Connected management cockpits deliver performance insight and control.

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