Global compliance reporting for insurers

In Insurance

In a globalized economy with increasing digital demands from tax authorities, global compliance and reporting must keep pace.

Getting to data-driven, digital tax functions

It’s a challenging time for insurance tax leaders. The big question: how do insurance tax functions go from today's complex, inefficient and opaque operations to tomorrow's transparent, centralized and digital capabilities?

See how Peter, global head of tax for ACME Insurance, works with EY to achieve next-generation tax capabilities.

How EY can help: 

Nobody knows insurance tax reporting like EY’s global team. Insurance tax partners in both mature and developing regions and experienced tax technicians in hundreds of countries around the world help insurers worldwide balance global, enterprise-wide tax functions with the resources our clients need to execute in local markets. Our technology and approach are designed to automate and optimize the full range of tax reporting processes across these areas:

Our fully integrated process delivers value in these key areas: 

Nobody knows insurance tax reporting like EY’s global team. Insurance tax partners in both mature and developing regions and experienced tax technicians in hundreds of countries around the world help insurers worldwide balance global, enterprise-wide tax functions with the resources our clients need to execute in local markets. Our technology and approach are designed to automate and optimize the full range of tax reporting processes across these areas:

  • Savings: Consolidated sourcing and simpler procurement for increased purchasing power and reduced fees.
  • Productivity: Integrated data and streamlined processes for increased efficiency and focus of internal resources on high-value tasks (like tax planning).
  • Visibility: Sophisticated dashboarding, compliance tracking and analytics for increased visibility and reduced risk.
  • Clarity: Increased clarity and confidence in decision-making.

The bottom line: tax leaders can gain greater confidence that they have the accurate data and timely insights they need to make a greater contribution to the business.

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