Empowering insurers in the pension risk transfer market

Poor quality scheme data leads to conservative pricing, extended transaction timelines and increased risk of a transaction not completing. Heywood Passport's data validation tools deliver clear and auditable results through our Insights dashboards, giving confidence in the data quality and accuracy underpinning transaction pricing decisions.

Inconsistent scheme data formats cause significant operational challenges. Heywood Bridge and Forms uses AI to automate accurate, efficient data translations and migrations into required templates for different uses and systems.

Heywood Bridge seamlessly transfers data across multiple systems using customisable decision models, automatically validating, correcting and enriching data. This ensures accuracy and consistency, reduces friction and saves valuable time.

Our powerful calculation engine swiftly validates benefit calculations, enabling you to quickly assess liabilities and provide accurate risk transfer pricing. We handle complex challenges like historical inconsistencies, GMP equalisation and rectification, ensuring you have verified benefit data before finalising transactions.

Our in-depth data and benefit audits help you bring out and identify the issues that may have been initially unknown - helping to assess the likelihood of further, unknown residual risk issues. This will allow for competitive pension liability pricing while maintaining appropriate risk controls.

Using AI technology, we help pension providers (the scheme, superfund or insurer) deliver personalised communication to members/policyholders, enabling customers with better access to their pension choices and benefits.