Category Archives: Europe

Avoid a reporting crisis: Turning words into reality

Faut-il réinventer le salaire de base?

A major European insurer has demonstrated how a well-constructed reporting process transformation project can reap significant benefits when dealing with proliferating and ever-tighter deadlines. Over a recent series of blogs, we’ve highlighted the growing pressures on insurers’ reporting processes and … Continue reading →

The E.U.’s Network and Information Security Directive: How should transportation companies respond?

On August 8, the U.K. government announced it was considering fines of up to £17 million, or 4% of global turnover, for companies that fail to implement cybersecurity measures set out in the Network and Information Systems Directive (NISD). But … Continue reading →

Avoid a reporting crisis: Useful tips – Part 2

Implementing reporting process transformation has to be a multi-discipline, collaborative exercise. Continuing our recent series of blog posts on the driving forces behind reporting process transformation in European insurance companies and some tips for achieving it, we move on to … Continue reading →

Solvency II makes M&A harder – Educated guesswork isn’t good enough

Sellers of life insurance portfolios have to meet buyers’ growing expectations for understanding the capital implications of a transaction in advance of a deal. Two overriding issues have shaped mergers and acquisition (M&A) activity in the European life insurance market … Continue reading →

Avoid a reporting crisis: Useful tips – part 1

Reporting process transformation is becoming a major issue for many European insurers. As previewed in our recent blog post, a few tips that we’ve gathered from the work we’ve been doing in this area may help companies along the way. … Continue reading →

Guide to GDPR for tech, media and telecommunication companies

On April 14, 2016, the European Parliament voted to adopt the General Data Protection Regulation (GDPR). The regulation will come into effect on May 25, 2018. The purpose of the regulation is to further harmonise national data protection laws across … Continue reading →

Avoid a reporting crisis

Many European insurers’ existing financial and capital reporting processes are becoming increasingly unworkable and unsustainable in the face of burgeoning regulatory and accounting demands. Process transformation, rather than constant fire-fighting, is emerging as the only long-term solution. The Solvency II … Continue reading →

Chronic labour shortage forecast for U.K. food and drink industry post Brexit

As part of a series of in depth articles on the effect of Brexit on various U.K. industries, Willis Towers Watson recently released its insights on the food and drink industry. Brexit has added to mounting concerns over a chronic … Continue reading →

What a hard Brexit could mean for U.K’s transport industry

The possibility of a “hard Brexit” from the European Union (EU) following the June 8 general election could change market dynamics for many transport companies, and spark questions about present business models. If conservatives retain power as current polls suggest, … Continue reading →

Guide to General Data Protection Regulation for transportation companies

On April 14, 2016 the European Parliament voted to adopt a new data protection law for Europe, the General Data Protection Regulation (GDPR). The regulation will come into effect on May 25, 2018. Continue reading →