March 28, 2022
Why insurers must reimagine planning and performance management
In an era of intensifying regulatory scrutiny, rising investor expectations and increased competition, insurance business leaders are eager for better business information. Ideally, they’ll have real-time access and the ability to explore it on their own. However, most organizations – even those with dedicated financial planning and analysis (FP&A) teams – lack the tools to produce timely and forward-looking insights.
EY's latest report, Finance in insurance reimagined: Building a strong planning and performance management capability, highlights both why now is the time for finance and other leaders to rethink and expand their planning capabilities and how to thoughtfully and purposefully realize the powerful vision moving forward.