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It’s Imperative: A Data Governance Primer for Solvency II and Beyond

By Lisa Loftis, DataFlux

It is clear that to satisfy the supervisory provisions within Solvency II, insurers will have to overcome data governance issues and get better at managing their data. Achieving this is well within the realm of possibility; however, it will require a broad-based approach to data governance that is missing at many companies. This paper highlights a data governance framework that will position insurers to not only meet the "accurate, complete and appropriate" provisions of Solvency II, but start reaping benefits from high-quality data across all aspects of their businesses.

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