Services
Traditional Actuarial Services
We provide actuarial services in various stages of product value chain starting from product design and pricing, valuation/reserving, experience analytics and reporting. We operate in several domains
Life Insurance
Product Design and Pricing
Pricing for term, endowment and other life insurance products. Designing products that suit the risk appetite and strategic aspirations of the company.
Experience Studies
Designing systems that analyze the experience of the portfolio and advice on potential changes to product design to improve business results. We provide automated workflows and calculators to perform experience analytics in a more frequent, optimal manner.
Valuation
Traditional valuation methods focused on portfolio level reserves. We use advanced statistical techniques for assumption setting to help assess reserves at a more granular detail and help companies achieve reserve optimization
Reinsurance
We help companies make optimal reinsurance decisions by developing reinsurance models balancing between traditional reinsurance solutions and non-traditional financial reinsurance solutions.
Property and Casualty Insurance
Product design and Pricing
Rating for property and casualty business requires specialized experience. With our experience, we are able to make product level recommendations to control the risk but satisfy customer needs.
In a competitive environment, ability to price products using appropriate, advanced techniques is essential. Identifying pockets of the market, differentiating them appropriately and building models to rate them has become possible by using advanced statistical and machine learning techniques.
Our statistical models enable us to build accurate reserve estimates for casualty estimates which is a critical part of pricing. Our solutions help achieve underwriting efficiency even in a price regulated market using regulatory arbitrage models.
Reserving
Traditionally actuarial reserving methods focused on estimation of IBNR at line of business level. We use advanced statistical and machine learning techniques as means to substantiate and help us make better actuarial decisions.
Reinsurance
We help companies make optimal reinsurance decisions by developing reinsurance models balancing between traditional reinsurance solutions and non-traditional financial reinsurance solutions.
Health Insurance
Product Design and Pricing
Designing health insurance products can be quite complex. Our expertise includes health medical, hospital cash, surgical cash and critical illness products. We have experience in not only designing products that suit your requirement, but also in pricing large health insurance schemes. We have experience of using advanced statistical techniques to price one of Asia’s largest health insurance schemes.
Cancer Product
Cancer is a cause of concern for both policy holders and risk takers alike. It’s a unique type of health risk that requires specialized treatment from a product design and pricing perspective. We help our clients develop appropriate insurance-based risk solutions for Cancer using our cross-market experience in this field coupled with futuristic predictive modeling approaches.
Self-Insurance advisory
Advising companies on product design, pricing, operations and risk transfer mechanisms for self-insured group health insurance schemes.
Experience Studies
Designing systems that analyze the experience of the portfolio and advice on potential changes to product design to improve business results. We provide automated workflows and calculators to perform experience analytics in a more frequent, optimal manner.
Reserving
Traditionally actuarial reserving methods focused on estimation of IBNR at line of business level. We use advanced statistical and machine learning techniques as means to substantiate and help us make better actuarial decisions.
Reinsurance
We help companies make optimal reinsurance decisions by developing reinsurance models balancing between traditional reinsurance solutions and non-traditional financial reinsurance solutions.
Pensions and benefits
Experience Studies
Designing systems that analyze the experience of the portfolio and advice on potential changes to product design to improve business results. Using advanced statistical techniques like generalized linear models help us assess portfolio experience at a detailed level. We provide automated workflows and calculators to perform experience analytics in a more frequent, optimal manner.
Valuation
Traditional valuation methods focused on portfolio level reserves. We use advanced statistical techniques for assumption setting to help assess reserves at a more granular detail and help companies achieve reserve optimization. We also help provide long term insights into liability using stochastic methods and advice on managing assets to meet these liabilities.
