Processes

What will AGI do for Perform risk based capital and other solvency based reporting?

A scheduled regulatory reporting period approaches or a material change in the insurer's risk portfolio requires a solvency reassessment.

Trigger
A scheduled regulatory reporting period approaches or a material change in the insurer's risk portfolio requires a solvency reassessment.
Outcome
Solvency reports and Risk-Based Capital calculations are finalized, certified by executives, and successfully submitted to insurance regulatory bodies.

The work itself

Grounded Work Profile

Measured by

  • Submission TimelinessprocessProfile
  • Reporting Accuracy RateprocessProfile
  • RBC Ratio VarianceprocessProfile
  • Cost of ComplianceprocessProfile

Key steps

  • Extract statutory financial balances and risk exposure dataprocessProfile
  • Calculate specific risk charges for assets, credit, and underwritingprocessProfile
  • Compute the required Risk-Based Capital and available capitalprocessProfile
  • Determine the insurer's RBC ratio and solvency marginprocessProfile
  • Draft statutory solvency and capital adequacy reportsprocessProfile
  • Conduct internal executive review and certificationprocessProfile
  • Submit finalized reports to insurance regulatorsprocessProfile

How AGI delivers it

Four ways AGI delivers for Perform risk based capital and other solvency based reporting

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    Services.do
  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    Agents.do
  • Business-as-Code

    Encode how your work runs, once, as software that executes itself.

    Platform.do

Value flow

How Perform risk based capital and other solvency based reporting connects

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