Meet IFRS 17 needs with EastMed Simplified Solution
Comprehensive IFRS 17 compliance solutions designed to simplify your transition and ensure regulatory compliance with industry-leading expertise.
Comprehensive solutions designed to meet your compliance needs with industry-leading expertise and cutting-edge technology.
EastMed IFRS 17 solution is composed of multiple products, which enables our clients to choose which components are suitable to their business needs with unmatched flexibility and precision.
Provide the financial know-how of IFRS 17, terminologies, how to move smoothly to IFRS 17, the 3 measurement approaches (BBA, PAA, VFA) and the impact of IFRS 17 of insurance company data, operations and reporting.
A tool used for the Financial Impact Assessment, used by IFRS 17 3 Wings. This tool enables the Actuary and Finance Wings to conduct multiple trials where each trial presents different actuarial manipulation and financial reporting results for the Client's data.
A tool that lives parallel with client's core insurance system, after going live with the new standard, to produce the financial reporting based on IFRS 17 with real-time processing capabilities.
This product provides two services: Actuary consultation in gap analysis phase, in addition to the on-going actuarial consultancy after going live with IFRS 17 standard with dedicated expert support.
A comprehensive core insurance system aligned with IFRS 17, built using most advanced IT standards. Contains all insurance core features: Underwriting, Claims, Re-Insurance, Finance, and others.
A report that shows differences between financial reporting generated based on IFRS 4 and the ones generated based on IFRS 17 and assess the financial impact, delivered as a Managed Service by our expert teams.
This service is provided for IT team of insurance companies to facilitate extracting needed data from the core insurance system as input to our Simulator, CE, or external tools with seamless integration.
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Comprehensive IT and financial consulting services delivered by industry experts with decades of experience
EastMed offers comprehensive IT Support for all our products including hosting, configuration, full maintenance, backups and disaster recovery with guaranteed uptime and performance.
Our EastMed experts provide comprehensive evaluation of your software ecosystem to meet your business needs, from analysis and design to integration, data migration, problem solving, and strategic planning.
Providing a full spectrum of financial services, including insurance, aviation banking, tax, audit consulting and asset management. We help manage risks, reduce costs, boost customer loyalty, and achieve breakthrough digital transformations.
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Pioneering software excellence in Insurance and Aviation industries with decades of proven expertise
EastMed is a specialized software house, focused exclusively on building and implementing cutting-edge software solutions for two major industries: Insurance and Aviation.
We provide comprehensive software solutions, business and financial consultation, digital transformation, knowledge transfer, training and support services that increase operational efficiency, enhance enterprise collaboration, and enable faster decision-making.
Building lasting relationships with leading organizations across multiple industries
Fortune 500 Companies
Major Airlines & Airports
Global Insurance Providers
Leading Banks & FinTech
Middle East Partners Network
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