IFRS 17 standardizes insurance accounting globally to improve comparability and increase transparency, and to provide users of accounts with the information they need to meaningfully understand the insurer’s financial position, performance and risk exposure. The IASB published a new standard, IFRS 17 ‘Insurance Contracts’ on Thursday 18 May 2017. The key task for insurers right now is to make the appropriate implementation decisions. IFRS 17 presents opportunities to harness data more effectively, to improve the structure of your finance function and to better inform your decision making. Ultimately IFRS 17 is about what story you want to talk about your company. We have brought the IFRS risk-integrity solution which helps in mitigating the following problems