Actuarial Solutions
The role of the actuary has evolved significantly over the last decades. Historically, actuarial science used deterministic models for pricing and reserving. Thanks to increased computational power and modern mathematical, actuarial and financial theories, the actuarial science has become more extended and specialised.
Product development and monitoring
Our access to benchmarks and extensive experience of our competence centres make us the ideal actuarial partner for your product development and monitoring.
We think along with the client on developing new insurance concepts or on adjusting existing products and offer:
- Market research and profitability studies
- Pricing based on objective parameters
- Advice on reserving methods
- Identification and mitigation of risks
- Impact on solvency position
- Draft of policy conditions
- Development of optimal reinsurance
- Compliance with statutory and regulatory requirements
- Liaising with the supervisory authorities
Training & seminars
On request, we organise seminars on all insurance, reinsurance and employee benefits matters, e.g.
- Tailor-made formations regarding general or expert actuarial topics
- Solvency II formation for board members
Our staff has ample teaching experience and is also academically active in the Actuarial Science curriculum of a Belgian university.
Strategic consulting and M&A
As the partner of the decision-makers within the insurance company, we advise on management and strategic decisions. Our market knowledge and technical expertise equip management and boards with valuable facts and insights. We help our clients identify and achieve their goals offering support at every stage of the implementation.
Our advice covers diverse topics, e.g.:
- Business development (products and distribution)
- Capital management
- Technical, organizational or legal issues
- …
Our long-term connection to the management and/or board of our clients and our market experience also allow us to establish contacts and collaborations between different market players.
For sellers and buyers
Over the years, we hold an impressive track record on the assistance in mergers and acquisitions. We are at the service of either seller or potential buyer and offer:
- Valuation of portfolios as well as (re-)insurance companies
- Full assistance during the negotiation process
The appropriate level of expertise according to your needs
Our actuaries are available for long and short term (in-house) assignments. Our 6 competence centres offer actuaries with different levels of experience:
Executive senior actuaries
Senior actuaries
Actuaries
Junior actuaries
Actuarial trainees
We take over technical administrations of financial institutions or portfolios, e.g. in case of run-off or strategic outsourcing decisions of ongoing portfolios.
Establishing a company or pension fund
We provide full assistance in the creation of an insurance company, reinsurer or pension fund or extensions of the insurance license.
This includes:
- preparation of the application file for the insurance license and liaising with the supervisory authorities
- product and business plan development in close consultation with the client
We monitor the development of the company and if necessary, advise on strategy adjustments.
What can we do for you?
Gain the clarity and actuarial insight you need to navigate risk, capital and regulatory requirements.
