Corporate actuarial services
We provide insurers with a thorough understanding of their profits, embedded value and capital surplus, serving either as an outsourced corporate actuarial function or offering tactical support in your own IT environment.
An engagement with Insight allows you to expand your team during busy periods, such as financial year-end, while maintaining a core staff complement in between. In this way, you are able to optimise and streamline your resource pool.
Our full suite of corporate actuarial services includes financial reporting, regulatory reporting, capital management, experience investigations and basis recommendations. Our experienced consultants can produce an analysis of change on any of the relevant metrics to support explanations to executive management, the HAF and the Board, giving them the ability to make good decisions based on reliable information.
We can work with internal or external HAFs to provide high quality calculations with supporting technical review that will help reduce the time and cost of second-line actuarial review.
Our team is experienced in working with internal and external auditors to document the golden thread linking raw data to results and recommendations, helping you to resolve audit queries
See our Health Solutions Services
Sophisticated projections models, advanced IBNR calculations, and standardised actuarial reporting equip medical schemes and health insurers to better manage their product lines, and design improved products.
We dig deeper into the data to understand the drivers of claims experience to suggest mitigations and improvements.