Asseco Denmark has developed the Solvency II Solution: SII Engine, which is based on more than 50 insurance companies’ experience with QIS5 analyses.

SII Engine is co-developed with some of Europe’s leading actuarial and risk management experts from Deloitte Actuarial & Insurance, in accordance with EIOPA specifications.

Together with Deloitte Actuarial & Insurance solutions, we can assist in regards to the implementation of Solvency II in your business. If you want to be compliant and want to exploit the business opportunities in the Directive to their full extend, we are the natural partner.

In terms of Solvency II, we aim to:

• help insurance companies minimize the manual workload;
• automate calculations and reporting (Pillar I and III);
• support the Pillar II process in a flexible manner

SII Engine combines spreadsheet flexibility with application reliability to give Risk Management, Actuarial and Finance departments a dedicated SCR (Solvency Capital Requirement) and a MCR (Minimum Capital Requirement) calculation engine. SII Engine further provides a full QRT (Quantitative Reporting Template) reporting solution.

We offer a Cloud-based Pilot and set-up of a production ready solution within 3-5 days.