Consulting

Solvency II consulting

Nexum Consulting delivers Solvency II training and consulting services to the risk professionals and the management of insurance companies. It hires experienced and certified Solvency II experts to help its customers be compliant, minimize risks and follow the principles dictated by the EU Directive.

The customer gets introduced with basic principles and concepts of Solvency II regime:

- goals and structure of group supervision
- requirements for small and medium companies
- capital allocation measures – MCR and SCR
- reporting and cooperation with supervisors
- internal models
- standard formula
- practical implementation of pillars 1,2,3
- relations to the companies outside the European Economic Area

There are three pre-defined training programs  aimed to answer the questions of three major groups involved in Solvency II activities.

  • Solvency II Training for Executives
  • 4-hour introductory training for the management of (re)insurance companies to get introduced with Solvency II objectives, implementation issues and a critical role of the Board of Directors to ensure compliance and optimize capital allocation.

  • Solvency II Training for Risk Managers
  • 2-day training for the risk management, consultants, IT professionals of (re)insurance companies to get understanding of Solvency II core issues. After completing this training the attendee is able to identify and manage the main issues of Solvency 2 implementation in (re) insurance company.

  • Solvency II Training for Supervisors
  • 2-day training for the representatives of supervisors of (re)insurance companies to get introduced with Solvency II objectives, the role of supervisor and the principles of cross-border cooperation between supervisors.


Other Nexum Consulting services

There are numerous other professional topics and training courses Nexum Consulting is absolutely experienced to assist its customers at.

  • Business Process Design Training
  • 1-day training session gives the students practical skills of designing business processes for the needs of technical implementation. The resulting business process description closes communication gap between business people and software developers.

  • Business Process Execution Training
  • 2-day training course for business analysts, system analysts and software developers which has a goal to build a running software prototype for business process automation.

  • Business Process Management and Optimization
  • Consulting and training services aimed to discover, analyse and optimize core business processes as well as administrative procedures. The excellence in day after day operations results in measurable and monetized efficiency improvements.

  • Bancassurance
  • Cost efficient and profitable way to deliver a bank and insurance integrated product to the end customer. A win-win cooperation area for the banking and insurance industries.

  • Project Management
  • Delivery of any project on time and on budget. These outstanding skills can be applied to the existing projects of the customer in order to put them back on tracks and to ensure the perfect match between expectations and the outcomes of the project

  • Quality Assurance
  • Independent professional services which result in a high quality software product. Certified quality assurance professionals oppose the development team to make the product free of bugs, inconsistencies and performance issues.

  • Business Software
  • Delivery of software development technical expertise relied on Microsoft .NET, Oracle and Java platforms.



Contact us for more detailed information about Nexum Consulting services

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