Over the last decade Quindiem’s non-life team has pioneered the use of actuarial methods within non-life insurance in South Africa. Working with many of South Africa’s largest multi-line and specialist insurers, we have accumulated a wealth of experience in diverse aspects of the industry. We focus on technical actuarial issues, business problems and strategic questions that arise. We have wide experience, unique insight and perspectives in a number of key areas including:

• capital modelling and ERM
• product development and pricing
• market analysis and business advisory
• reserving
• transaction support
• regulatory capacity building

Our market leading non-life insurance practice blends technical expertise with strong business acumen and unparalleled experience in the non-life insurance industry, adding value beyond expectations. Actuarial methods are a powerful foundation for improved decision-making, but are rarely enough. Knowledge and experience of business realities is critical and forms a central part of our offering. We aim to build long term relationships with our clients by innovatively blending our industry and business knowledge with the latest tools and thinking in order to produce technically sound client-specific solutions that support their strategic objectives.

We offer a diverse team of actuarial and non-actuarial consultants. Strategic capabilities and project oversight is offered through our senior team members, all of whom have extensive industry and consulting experience. One of our principal consultants is a former CEO of several insurance companies in Africa, with extensive experience in running and starting up operations in markets throughout Africa. We have wide-spread involvement in the Actuarial Society of South Africa’s short-term insurance committee, which we currently chair. In addition we play a leading role in supporting the development of Financial Condition Reporting, South Africa’s version of Solvency II, and in guiding actuarial involvement in the non-life insurance industry generally.

Our clients include local and international insurance, reinsurance and microinsurance companies, regulators, governments, and micro finance institutions. Our insurer clients range from multinational multi-liners to niche specialist insurers and underwriting managers. We have worked with many of our clients over long periods as important business partners, often widely involved in diverse areas. This allows us to integrate our work more deeply into the business, ensuring full delivery and follow-through. As evidence of our commitment to client value add, we have in many cases helped our clients to develop and train their own actuarial teams.