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SAP Solutions for Insurance Providers

Enhance compliance, customer insight, and profitability with SAP solutions specifically designed for insurers operating in today’s dynamic risk environment.

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Insurance Providers

The insurance sector is facing unprecedented challenges, including rising claims volatility, increasing regulatory complexity, and ever-growing customer expectations for digital-first service. Notium’s SAP solutions empower insurance providers to unify policyholder data, automate financial and regulatory reporting, and deliver insight-led planning enabling insurers to adapt confidently to market shifts and regulatory demands.

Key Challenges in the Insurance Sector

Retail and FMCG businesses face unique and evolving challenges that demand agile responses, strategic foresight, and advanced technological solutions:

Regulatory Compliance Pressure

Evolving solvency requirements, IFRS 17, and national regulations demand accurate, traceable, and timely reporting at every level.

Data Fragmentation Across Products

Policy, claims, and finance data often reside in disconnected systems, limiting analytical accuracy and hindering strategic planning.

Volatile Claims & Risk Exposure

Frequent risk events such as climate, cyber, and health incidents require insurers to simulate and plan for high-impact scenarios.

Slow Financial Planning Cycles

Manual processes and legacy tools delay the ability to react swiftly to new pricing, claims trends, or investment strategies.

Contact our insurance sector experts

Suat Ozdemir
Associate partner
PHONE
+44 121 387 7695
Email Us

End-to-End SAP Solutions Tailored for Insurance

Our SAP solutions are designed to help insurers modernise operations, manage risk proactively, and ensure regulatory readiness.

Planning & Consolidation

Streamline financial planning and regulatory reporting with enhanced control and transparency.

Centralise financial plans, premium calculations, and claims forecasts across all business lines.

 

Enable scenario planning and compliance-ready consolidation for robust financial management.

Accelerate multi-entity and IFRS 17-aligned consolidation and disclosure, ensuring audit-ready records.

Profitability & Risk Simulation

Evaluate profitability by product, region, or risk category, and simulate future stress scenarios to support informed decision-making.

Model loss ratios, reinsurance structures, and embedded insurance profitability for comprehensive risk analysis.

Data Integration & Insights

Build a unified data landscape to drive actionable insight across policy, claims, reinsurance, and finance.

Federate data from underwriting, claims, actuarial models, and legacy systems into a single, governed platform.

Perform rapid, complex analysis across high-volume transactional data for enhanced operational intelligence.

 

Provide real-time visibility within the operational layer for underwriters, actuaries, and CFOs alike.

Compliance & Reporting

Deliver transparent, auditable, and automated financial disclosures and regulatory submissions.

Publish solvency and IFRS-aligned reports efficiently across business units, maintaining consistency and audit trails.

Monitor KPIs such as claims ratios, loss development, and investment returns in real time with interactive dashboards.

Case Studies

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WHY NOTIUM?

Why choose Notium as your SAP partner in Insurance?

Notium helps insurers build reliable, agile SAP frameworks that scale with regulation and complexity. Whether you're managing 5 entities or 50, we provide tools that bring insight to every policy, claim, and line item.

Deep understanding of IFRS 17 and insurance-specific compliance

Custom modelling of loss ratios, reinsurance, and profitability with PaPM

Experience in integrating SAP with policy admin and actuarial systems

Visual dashboards and audit-ready reports for regulatory teams

Trusted by insurance finance and risk leaders across Europe

Services

Notium Services for Insurance Providers

Empowering insurance organisations to plan, comply, and grow with confidence.

Project Implementation

Design and deploy SAP architecture aligned with IFRS 17, solvency, and audit needs.

Back on Track Service for Retail & FMCG

Rescue and realign projects with regulatory misalignment or under-delivery risk.

Team Up Services – Retail & FMCG Expertise

Augment your finance, compliance, or actuarial teams with Notium consultants for faster SAP adoption.

Tailored SAP Training for Retail Teams

Enable your finance, risk, and actuarial teams to self-manage SAP models and tools.

SAP Support Desk for Retail & FMCG

Dedicated SAP support to keep monthly, quarterly, and annual regulatory cycles smooth.

Quality Assurance for Retail SAP Projects

Regulatory-focused audits and checks for IFRS 17, solvency reporting, and model accuracy.

Frequently Asked Questions about SAP in the Insurance Sector

Yes. We deploy SAP tools specifically structured for IFRS 17 compliance, including PaPM and Disclosure Management.

 Absolutely. Our architecture integrates SAP into your existing data ecosystem using APIs or staging layers.

Yes. Using SAP PaPM and predictive forecasting, we help you simulate pricing, claims, and market shifts.

 Typically 4–8 weeks depending on data readiness and regulatory requirements.

Ready to streamline your insurance operations?

Speak to a Notium consultant specialising in SAP for Insurance.

Contact Us