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Cost Management

In an era of persistently low interest rates, increasing price transparency and sweeping regulatory change, reducing or getting the most from their existing cost base is crucial for insurers to deliver competitive advantage, profit and shareholder value.

We support clients in creating the environment, processes, governance controls and management information they need to manage expenses effectively and ensure sustainable profitability. This involves an unreplicated combination of actuarial consulting, technology and outsourcing solutions that we tailor to the specific issues our clients face.

How we can help

Areas where we help companies get the most ‘bang for their buck’ from the costs of doing business include:

  • Underwriting
  • Pricing
  • Claims
  • Reserving
  • Financial reporting
  • Risk and capital management
  • Marketing

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