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Features
Our Offering
Three key pillars form the foundation of our actuarial services, each one tailored to meet your specific requirements and the current structure of your in-house actuarial practices.
01
General Insurance Reserving
02
Technology Transformation
03
Actuarial Process Optimisation
General Insurance Reserving
With a wide range of experience encompassing the London market, personal lines, and run-off markets, we are adept at reserving for various portfolios. This diversity in our experience allows us to understand and adapt to the unique reserving challenges across different insurance sectors.
Our role is to support in-house reserving teams, offering tailored assistance to meet specific needs. We contribute to enhancing actuarial decisions and help in meeting important deadlines.
Best estimate and reserve uncertainty analyses are essential to understand insurance risk. Our expertise lies in clearly and effectively presenting these insights to key business stakeholders.
Technology Transformation
Many actuarial processes in industry are now outdated, with significant model risk stemming from files that have been rolled forward over time.
Our strategy involves the smart use of accessible technology that reduces model risk while adding efficiencies through the automation of repetitive tasks. New analytical and presentational functionality can further enhance our understanding of insurance risk.
This strategy is designed to align with existing actuarial processes and the capabilities of in-house staff, ensuring that new technology can be independently and successfully managed on an ongoing basis.
Actuarial Process Optimisation
Our approach focuses on interactions between different functions, ensuring alignment with industry best practices, thereby optimising your entire actuarial process.
Reserving, capital, pricing and finance functions should utilise a single source of truth which not only streamlines operations but should also boost efficiency and accuracy.
At Fractal. we are able to optimise the full actuarial process, aligning with the evolving needs of the insurance industry.
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