P&C and life
We help insurers address new financial reporting requirements by assessing the financial and business impacts of regulations, building implementation plans, and implementing relevant requirements, particularly across areas of financial reporting change (e.g., insurance contracts and principles-based reserving).
Risk and capital management
We advise insurers on emerging risk management and regulatory changes, help them design and implement enterprise risk management frameworks, and measure and manage risk and capital against a range of regulatory, internal, and external requirements, including ORSA, risk-based capital, economic capital, Solvency II, and rating agency capital.
Explore more about our risk and capital management services.
We help insurance companies develop efficient and effective finance, risk and actuarial organizations by identifying the tools, skills, competencies, and resources that can enable them to achieve their business strategy objectives and respond effectively to market developments.
Explore more about our insurance modernization services.
Transactions and insurance capital markets
We provide actuarial analysis of and advice on insurance M&A transactions, reinsurance transfers, capital relief and restructuring (reinsurance and capital markets), post-merger integration and pension risk transfer transactions.
We help insurers improve operations, profitability, and competitive position by using predictive analytics and simulations modeling to sharpen underwriting models, better model policyholder behavior, identify “bad” claims early to facilitate better outcomes and lower costs, and identify fraudulent claims.
Claims and insurance operations
We help insurers improve the efficiency of their insurance and reinsurance operations, address unanticipated reserve development, identify opportunities for systems improvements, and reduce expenses by improving claims processes, reducing leakage, and improving vendor management protocols.
Using predictive analytics, we help hospitality (airline/hotels), retail, and banking loyalty programs improve customer lifetime value, design and redesign programs to the strategic advantage of the underlying business, and estimate loyalty program liabilities, including breakage (i.e., unredeemed points).
We provide not only actuarial reserve and rating support, but also use our broader perspective to provide a proprietary insurance ERM framework to help corporates and governmental entities establish surplus levels to support the long-term viability of their organizations.