General Insurance

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General Insurance Services

Pricing

  • Traditional personal and or commercial lines and London Market pricing techniques
  • Stochastic pricing methods for pricing reinsurance or complex commercial risks
  • Creation of pricing analytics for underwriters and management
  • Creation of connected pricing models online or with full database support
  • Optimisation methods for pricing and portfolio re-balancing
  • Application of machine learning techniques for pricing and portfolio segmentation

 

Risk management and Solvency II / SAM

  • Design and implementation of capital model validation
  • Standard formula calculations and commonly accepted approaches
  • Solvency II legislation and Internal Model Application Process requirements
  • Lloyd’s and PRA reporting requirements such as Lloyd’s Capital
  • Returns and Quantitative Reporting Templates
  • Construction of Solvency II and SAM documents, such as policies, frameworks, logs or reports
  • Effective communication of risk information from capital models or other risk indicators to Risk Committees and Boards

 

Reserving

  • Traditional triangulation reserving models and exposure based methods when claims experience is unreliable or inappropriate
  • Calculation of Technical Provisions for Solvency II and SAM
  • Implementation of reserving and technical provision processes in a range of platforms
  • Stochastic reserving methods including ultimate one-year reserve risk views
  • Assessment of the impact of IFRS 17

Capital Modelling

  • Stochastic and other non-stochastic capital modelling techniques
  • Calibration of premium and reserve risk models for Solvency II and SAM
  • Implementation of capital models in a range of platforms
  • Methods used in the market-leading catastrophe models
  • Methods used by proprietary Economic Scenario Generators (ESGs)
  • Capital allocation methods
  • PPO modelling methods
  • Optimization of outward reinsurance

Value Added Services

  • Pricing and insurance programme optimization
  • Claim investigation and optimization
  • Reinsurance analysis and optimization
  • Reinsurance contract performance analysis
  • Advanced data & analysis skills for actuarial transformation

Resourcing

  • Managing and resourcing a completely outsourced actuarial function
  • Management and training responsibilities of junior staff
  • Actuarial function process management and implementation
  • Flexible capacity means you can rely on the team to be there when needed