A Smarter Way to Navigate IFRS 17
Cloud-based IFRS 17 technology built for accurate reporting, transparent results and confident decision-making.
IFRS 17 has transformed how insurers measure, report and explain their insurance business. IDM helps make that transition simpler.
A powerful cloud-based IFRS 17 Engine, IDM calculates the insurance and reinsurance assets and liabilities required under IFRS 17 and transforms them into comprehensive financial reporting outputs, disclosures and detailed analysis.
IFRS 17 has transformed how insurers measure, report and explain their insurance business. IDM helps make that transition simpler.
A powerful cloud-based IFRS 17 Engine, IDM calculates the insurance and reinsurance assets and liabilities required under IFRS 17 and transforms them into comprehensive financial reporting outputs, disclosures and detailed analysis.
Built Around the Way IFRS 17 Works
IDM supports all three IFRS 17 measurement models:
- Premium Allocation Approach (PAA)
- General Measurement Model (GMM)
- Variable Fee Approach (VFA)
From Data to Financial Statements
IDM goes beyond calculations.
The platform takes your IFRS 17 results and helps translate them into the financial information your business needs, including:
The platform takes your IFRS 17 results and helps translate them into the financial information your business needs, including:
Insurance & Reinsurance Assets and Liabilities
Calculate the balances required under IFRS 17 with detailed underlying outputs.
Financial Statements
Generate reporting outputs aligned with IFRS 17 requirements.
Supporting Disclosures
Prepare the information required to support IFRS 17 financial reporting and disclosure.
Group-Code Level Outputs
Drill down into detailed group-code results to support audit, validation and management review.
Make the IFRS 4 to IFRS 17 Transition Clearer
Moving from IFRS 4 to IFRS 17 can create questions around how the numbers have changed and why.
IDM provides a clear bridge between IFRS 4 and IFRS 17 financials, helping insurers understand the movement from legacy reporting to the new standard.
This gives finance teams, actuaries, auditors and management greater visibility into the transition and greater confidence in the reported results.
IDM provides a clear bridge between IFRS 4 and IFRS 17 financials, helping insurers understand the movement from legacy reporting to the new standard.
This gives finance teams, actuaries, auditors and management greater visibility into the transition and greater confidence in the reported results.
Designed for Different Regulatory Environments
IFRS 17 provides the global reporting framework, but local reporting requirements can differ.
IDM allows outputs to be customized to accommodate specific requirements imposed by local regulators, helping insurers adapt their reporting without compromising the underlying IFRS 17 framework.
IDM allows outputs to be customized to accommodate specific requirements imposed by local regulators, helping insurers adapt their reporting without compromising the underlying IFRS 17 framework.
Why IDM?
One Platform. Complete IFRS 17 Visibility.
Cloud-Based
Access your IFRS 17 reporting environment through a centralized cloud-based platform.
Multi-Model Support
Support PAA, GMM and VFA within a single solution.
Detailed & Transparent
Access group-code level outputs for review, reconciliation and audit.
Reporting Ready
Move from calculations to financial statements and supporting disclosures.
IFRS 4 to IFRS 17 Bridge
Understand the movement between legacy and IFRS 17 financials.
Regulatory Flexibility
Customize outputs for local regulatory requirements.
Turn IFRS 17 Complexity into Reporting Confidence
IFRS 17 is more than a measurement exercise. It changes how insurers understand, explain and report their financial performance.
IDM brings the calculation, analysis and reporting process together, giving your teams the visibility they need to understand the numbers and the confidence to report them.
IDM brings the calculation, analysis and reporting process together, giving your teams the visibility they need to understand the numbers and the confidence to report them.
Ready to simplify your IFRS 17 reporting?
Discover IDM and see how it can support your IFRS 17 journey.