Data has always been the lifeblood of insurance. The recent explosion in the volume of data available to insurers provides great opportunities but will also generate more intense competition.
We can help you stay ahead in a competitive market by getting greater value from your data.
How we can help
We can help you turn data insight into a competitive strength, helping you to price business confidently, understand the drivers of risk and make sound reserving judgements.
We provide a wide range of bespoke solutions including:
- Interactive dashboards to deliver insights to your Board and stakeholders across the business.
- Improving data governance and ensuring that data is understood and used consistently and safely across the business
- Backend data systems design, analysis and data warehouse setup
How we can help
Your capital model can be a powerful tool for understanding your risk profile and making better business decisions, in addition to calculating regulatory capital.
Insurance regulation has become tougher and more sophisticated. We can help you meet regulatory requirements in a way that adds value to the business.
Reserving adequacy is crucial to succeeding in the insurance market. But some of the biggest risks to your reserves are not reflected in the historical claims data.
Risk management is at the core of the insurance business. We can help you strengthen the links between strategy and risk management, increasing your chances of business success.
Our independent validation advice helps you to use your models with greater confidence and to meet regulatory requirements efficiently.