Insurance Consulting
Solve Complex problems & achieve your strategy.
Product Development, Pricing, Profit Test, and Rate Filing
The design of a product that responds to market challenges and produces business results requires factors to be considered both uncertainty and decisions that affect business outcomes, which require information and analysis to valuate appropriate a product pricing, as well as profit-test. BVA and our partners are leaders and experts in the development of insurance management systems. With our knowledge and experiences in healthcare and casualty allow you to invent innovations that help manage risks and increase opportunities.
Valuation
We help you go beyond with actuarial valuation techniques to reduce your risk and increase your flexibility.
- Analysis of reserve adequacy for long-term and short -term reserve policies
- Insurance company valuation for M&A
Regulatory Report
Reporting is becoming more challenging due to the changing regulations. We help your business be more agile.
- OIC Actuarial Report
- Risk Based Capital (RBC) and Stress Testing
- Submit ORSA, Stress Test, or Risk Management Report
- Support business modeling and cash flow projection
Scenario Analysis
- Provide CAR Projection
- Portfolio analysis and projection
BlueVenture Actuarial is prepared to be your trusted consultant in actuarial mathematics, with expertise across a wide range of areas.
Frequently Asked Questions About Actuarial Consulting Services
How long does it typically take to develop an insurance product?
The timeline depends on the complexity of the product. Generally, it takes 1-4 months from design to approval submission.
Why is profit testing necessary in the insurance business?
Profit testing ensures that the product is priced appropriately, can generate long-term profitability, and is sustainable for the business. It also demonstrates the ability to maintain profitability in the event that assumptions change.
What is the starting fee for actuarial consulting services?
The fee depends on the scope and complexity of the work. Please contact our team for a tailored price estimate based on your specific needs. Call 02167-3012-14.