Tools4F has been a great guide and partner for us in the implementation of IFRS17, thanks to which we were able to identify the input data necessary to calculate the value of liabilities under IFRS 17, understand the group tool calculations, and optimize the financial statement process based on the most up-to-date data.
CFO of one of the TOP 5 insurance companies in the Czech Republic
The response to the training ALM - good practices in insurance companies was simply perfect from the colleagues.
CFO of the top 5 insurance companies in the Czech and Slovak markets
"I would like to thank you and your colleagues for your excellent cooperation in the field of automation. I was very satisfied with our joint cooperation and how we managed it together. You handled it professionally. I will definitely be happy to share this positive experience further, and if there is an opportunity for other projects, I will be very happy to contact you."
The Chief actuary of the successful life insurance company
"I really want to thank you for a great ALM seminar. The speaker has the gift of saying complex things clearly. "
CRO of TOP 3 insurance company in Slovakia
I am happy to say that today's performance by your colleague was really great. The lecturer is a talented presenter and he has my admiration for the clarity of the interpretation and the grace with which he managed to keep our attention.
CFO of one of TOP3 CZ insurers
The seminar is great! I have already attended other seminars on IFRS17, but yours is definitely the best so far. Thanks to real examples, one finally understands it.
participant of tailor-made 5-halfdays IFRS17 education specific for the insurance company in CZ, member of one of the biggest insurance group in Europe
Your 5 days intensive IFRS 17 seminars held in Slovakia in the years 2019/2020 were one of the best/the most useful seminars the Slovak actuarial association ever had. It was a real success!
Participant of the cycle of IFRS 17 seminars
Thank you for your help and support. We really appreciate that you and your team have answered our questions in such a short time. We test Sophas, try its possibilities and compare it to our existing models. During our tests we have seen that Sophas is a well-structured, easy-to-use software. It was easy to understand its main parts and defining the variables and calculations was also simple. We highly appreciate your help and generous offer.
Chief actuary of a successful Hungarian insurance company
Actuaries should learn other systems first to understand how much Sophas is easier-to-use and efficient.
A consultant from the "big five" (central Europe)
I really appreciate the effort during the whole project, ability to deal with unexpected complications and mainly how you cooperated with our internal employees so we have successfully completed such complex project!
CFO of large insurance company in CEE
Your consultant is a great expert in IFRS 17 and one of the best in CEE I know. Helped us to re-open and re-think some methodological areas. I wish we had the person onsite since the start of implementation when we were designing the solution.
Actuary responsible for IFRS 17 implementation in large international insurance group
In the past period, we reached out to TOOLS4F S.R.O. through Martin Janeček with an inquiry to ensure temporary coverage of the AFH (Actuarial Function Holder) role within our insurance company and we have gained quick agreement on a cooperation model. The AFH role was fulfilled by RNDr. Petr Sotona with a high level of proactivity to the full satisfaction of our company’s management, as well as other relevant bodies such as the Audit Committee and the Supervisory Board. Beyond the scope of it, was our internal AFH candidate sufficiently trained to take over the role. We appreciate the undeniable professional expertise that contributed significantly to improving our internal operations and processes. We consider our collaboration with TOOLS4F S.R.O. to be highly successful.
Tomáš Lain, CFO, ČSOB Pojišťovna a.s.
