Общее страхование/ Перестрахование

With extensive practical industry experience in a range of organizations we can offer valuable advice on actuarial resource and help optimise the processes within your company. We understand the need to balance cost and resource and how the efficient organization of this functional area can deliver effective support to the business. We aim to offer practical solutions to firms with no internal actuaries through to firms looking to reorganize large in house actuarial teams.

Pricing advice that gives a competitive advantage

With extensive experience across all areas of pricing we are able to provide advice that includes the technical, operational and strategic aspects of the underwriting process. Our aim is to have a clear understanding of the product and the features of the cover in order to apply the most appropriate techniques and models to quantify the risk.

• Provide a thorough understanding to quantify risk and improve profitability
• Facilitate the data management process
• Provide clear, cost effective models
• Implementation of strategies that incorporate the market cycle
• Produce effective reports to monitor performance
• Embed a pricing processes that links with capital, planning and reserving
• Help train and develop an understanding of pricing techniques

We offer a range of solutions using a variety of pricing methodologies. With our advice being based on practical industry experience working directly with underwriting teams. Our involvement ranges from pricing plain vanilla risks to niche innovative products. We use experience rated and exposure based techniques with blended credibility approaches where suitable. The methods employed include:

Our aim is to let the business lead the requirements of risk management. The application of good practice to the key areas of the business will promote effective risk management. We can help deliver appropriate processes and systems to embed the framework into your business, support the operational and governance demands and from this satisfy the compliance  requirements for the entity.

• Help understand the key risks to your business
• Provide a flexible approach to enhance existing established processes or to target specific areas
• Give genuinely independent advice onyour risk management framework
• Help with the technical and operational aspects of risk management
• Improve the transparency and clarity of output to support the business
  

Our advice can extend to support an enterprise wide analysis of your business model to improve the key aspects of the risk management process and in particular the following main areas:

• Contribute to the effective implementation of the risk management systems, risk modeling and the calculation of the capital requirements
• Calculation of technical reserves including assessing the appropriateness of data, information, methodologies, models and assumptions
• Support the overall underwriting policy
• Give advice on the adequacy of reinsurance arrangements