Sumitomo Life Elevates NtSaaS® to Ensure Compliance with Economic Value-Based Solvency Regulations
30 JUNE 2023 – Tokyo – Numerical Technologies (“NumTech”) announces the successful upgrade of NtSaaS® for Sumitomo Life Insurance Company (headquartered in Osaka, “Sumitomo Life”). The upgraded solution aims to enhance internal management models and ensure compliance with the forthcoming economic value-based solvency regulations, scheduled to be introduced in 2025.