On-Demand

IFRS 17 Adoption
Success Factors and Best Practices

About the webinar

The clock for IFRS 17 implementation is already ticking with the timelines set for early 2022, which means the system implementation must be largely completed and tested by the end of 2020 before the posting of the 2021 Transition opening balances and comparatives as per the IFRS17 requirements. It will have a big impact on insurance companies and SAS is already helping many with their implementation journey.

Join our in-depth conversation with Kenneth Koh, Director of Insurance, Global Industry Practice, SAS and Martyn van Wensveen, Financial Services Advisory Partner & APAC IFRS 17 Implementation Leader, Ernst & Young, as they take us through challenges, best practices, success factors based on real-life case studies as well as a quick demo of the SAS Software.

What you'll learn

Key challenges organizations face with IFRS 17
Critical success factors to implement IFRS 17
How SAS partners with organization to achieve desired results
Quick Demo of the SAS software

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About the Experts

Kenneth Koh

Director of Insurance, Global Industry Practice, SAS

Kenneth is an experienced management executive with more than 18 years of experience in marketing and distribution management, having worked for global insurance institutions including AIG, ACE and AXA, with focus on marketing/ business transformation and effectiveness in area of marketing and customer relationship management.

With SAS, Kenneth has supported transformation activities of FSI and commercial clients to become more customer centric using hybrid of technology and business advisory work. Provided business advisory support to help customers develop their business strategies using data driven analytics in CRM and distribution management and participated in projects involving customer analytics, campaign management and online marketing.

As an insurance SME, Kenneth has played a pivotal role in providing technology guidance to insurers on the end to end capabilities for IFRS 17 compliance.

Kenneth holds a post graduate degree (Master of Science) in Marketing & Consumer Insight from the Nanyang Technological University Business School of Singapore.

Martyn van Wensveen

Financial Services Advisory Partner & APAC IFRS 17 Implementation Leader, Ernst & Young

Martyn Wensveen has over 30 years of professional services experience, of which 22 years in the financial services sector covering insurance, banking, leasing, real estate and pension/asset management. His main areas of expertise include IFRS implementation, finance transformation, financial reporting, finance shared services and Solvency/Basel compliance.

As a seasoned hands-on consultant and regular speaker, Martyn has served more than 60 financial sector clients in Asia, Europe and Africa over the past 20+ years. Currently based in Hong Kong and previously in Kuala Lumpur and Singapore since 2013, his current focus is supporting multiple large insurance clients in Asia with adopting the new accounting standards IFRS 17 & 9.

Before his transfer to Asia, Martyn spent his time in London, Zurich and Amsterdam serving some of the largest financial and corporate sector clients with their most complex finance and risk transformation challenges.

He started his career working for 13 years as a system engineer for a commercial bank in the Netherlands and a global IT company in South East Asia before joining the consulting business in London in 1997.

Martyn holds a Sloan Master’s degree from London Business School and a Bachelor degree in Business Informatics from the Higher School of Economics & Administration in Utrecht, the Netherlands.

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