Anaplan for Insurance

Deliver highly effective digital transformation and drive value for growth and profitability

Connected Planning in Insurance

The Insurance industry is undergoing massive transformation. Best interest regulations have already transformed the industry landscape to look towards customer-first accountability. Insurance accounting standards including IFRS 9 and 17 pose challenges for asset allocation, asset-liability management, business practices, and profitability drivers. Additionally, according to a recent EY study, 15-40% of today’s insurance firm expenses go towards distribution: intermediary, acquisition, technology fees. Distribution represents the largest concentration of innovations in Insurtech. With Anaplan, insurance carriers and distribution partners are connecting their finance, operation, and actuarial teams with their lines of business and product leaders to drive better insights and accelerate decision making.
0 %
Of insurance CEOs believe they are over-regulated (*)
0 %
Of insurance CEOs are concerned about the speed of technological change (*)
0 %
of insurers reported that their technology systems will require significant upgrades for IFRS17 (**)

The new reality in Insurance

Operational and commercial models that were historically successful are becoming increasingly ineffective in generating and sustaining growth at most major organizations. A confluence of disruptive trends is forcing insurance ecosystem players to rethink their planning and decision-making capabilities.

Anaplan IFRS17 solution by Deloitte

Key features include:


Determines eligibility of different products for the simplified PAA approach on ongoing basis


Support General Insurance, Life Insurance regulatory requirements.


Real-time calculations and reporting for both PAA and BBA approaches


Full end to end traceability from Policy level through to Unit of Account, up to Financial Statements


Sophisticated sensitivity analysis capabilities to stress test the model and assess the impact of changes at policy and UOA level


Generate journals postings automatically


Highly scalable and all in the cloud


All connected…

The future in Insurance

To be successful, insurance ecosystem players will need to continually re-think their business and operating models, transform routes to market, provide a more holistic, integrated omnichannel experience, while creating and cross-selling products that are relevant to customer needs. Anaplan’s ability to connect planning, modeling and results across operational and financial groups is uniquely suited to help firms keep a sharply honed expense posture, while positioning firms for growth and innovation and ensuring compliance with local and global regulations such as IFRS 17.

With Anaplan, the insurance industry can deliver effective digital transformation and drive value beyond compliance by connecting data, people, and plans across finance, actuarial, operation, IT, HR, distribution, and marketing teams.

Featured solutions for Insurance


Overlays product portfolio profitability with forecast and actual channel performance, empowering distribution leaders to have better insight into channel partner performance and increased agility for sales effectiveness.

journey optimization

Integrates omnichannel service capability forecasting and planning with customer channel behavior to forecast required human and digital capacity with measurable first contact resolution.


Helps finance, actuarial, and risk management teams move away from siloed architectures and collaborate across a single platform not only designed to comply with IFRS17, but also steer performance across the enterprise.


Allows firms to budget at the individual cost category level to determine resources various business units require. Anaplan’s digital platform makes ZBB a more realistic option than paper or legacy based budgeting systems.

The Connected Planning difference


Deliver driver-based forecasting, reflecting, in real-time, the impact of a change to driver-assumptions on the future growth and profitability of the firm.


Provide distribution, product, services finance, actuarial, risk, and data management teams with a collaborative platform linking financial and operational planning.


Optimize staffing needs of the underwriting, customer services, and claims operation teams by continuously monitoring the right level of human capacity required under various scenarios and assumptions.

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Anaplan launches a complete IFRS 17 General Insurance solution developed by Deloitte

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Anaplan Community: Insurance

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Anaplan Community: Insurance

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Removes 4 months from its FP&A process

Achieves 25% faster annual planning cycle

Anaplan named a Leader in the 2019 Cloud Financial Planning and Analysis Solutions Magic Quadrant

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Connected Planning in an era of disruption