Indonesia: Proposed updates to PSAK 74 in response to amendments to IFRS 17
In this e-Alert, we discuss amendments introduced to reduce the costs of IFRS 17, their impact on insurers and the likely impact on financial accounting standards.
As the insurance industry transitions to being more customer-centric, implementing claims integration will likely become a must-have feature. This capability allows individuals to fully access and utilize the inherent value in supplemental health products and provides a smoother claims experience for all involved.
This article was originally published by Broker World.