Bridging the gap between
Bridging the gap between
Risk and Profits
Consulting and Costing
Insurance and Technology
Our Core Values
Global Outlook
Our actuaries have worked in several international locations and are not restricted by traditional limitations of location, gender, race, etc.
Professional
We work at highest levels of professionalism and work ethics. We strictly follow all the guidelines and standards expected from an actuary.
Relationships
Our clients are a part of our extended team, rather than a separate entity. Our team is like an extended family to us rather than just a “resource”.
Authentic
Nobody is perfect and neither do we pretend to be. We are always as honest and transparent as we can be.
Simple
We try to keep things as simple as possible and explain complex actuarial concepts with utmost simplicity.
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Quality
Quality is paramount for us and sets us apart, even after we have completed a project
Young
Our team only has young and dynamic professionals, always up for a good challenge.
Inspired
We love what we do and do what we love.
Innovative
We don’t just churn the handle. Instead, we strive to reinvent the wheel, wherever required.
Learning
We are always learning and upskilling ourselves to help serve you better.
Why Choose Us?
Always available
We provide extended support to our clients, beyond the usual office hours. Tight deadlines could imply working at odd hours and we are always here to help you through those tough times.
Cost savings
Our low-cost model is driven primarily by efficient processes and lower cost base. You can outsource your entire actuarial department to us and save anywhere between 40-70% of your ongoing costs. Call us to discuss further.
Efficiency + Tech = Speed
Quality and efficiency are at the core of all our work. Our processes are designed to be as efficient as possible to gain the maximum leverage possible out of the latest technology. The ability to generate gratuity reports in less than 2 minutes is a testament to that.
In another instance involving IFRS 17, our General Insurance Actuary were able to do the Financial Impact Analysis from scratch for >8 insurers in less than a month to meet the regulatory deadline.
Data Privacy and Protection
Our IT infrastructure is consistent with the best global practices. Data Privacy and Protection has been embedded in every process in our organization.
For instance, we do not email or download any data file on our systems ever. Instead, all the data is exchanged via Microsoft and/or AWS cloud services, with strict access control.
Our Founder
An energetic and driven professional with 14+ years of experience as General Insurance Actuary. He has been involved as an expert in various projects including Reserving, Solvency II, IFRS 17, stochastic capital modelling, M&A + affinity deals and Statutory Reporting (incl EIOPA and FSA), among others.
He is also an experienced Employee Benefits Actuary and have been involved in actuarial valuation of Gratuity and ESOPS (including unicorn) in India and Saudi Arabia.
Prior to establishing InsurTech Actuary, he worked with RSA (London HQ), KPMG and UBS Investment Bank. A graduate from SRCC, he is a qualified actuary with experience in 25+ countries.
He is a Fellow of Institute and Faculty of Actuaries (London) and also Institute of Actuaries of India. He also holds Practicing Certificate (COP) as “General Insurance Actuary” and “Employee Benefits Actuary” in India.
Apart from the above, he also works as the Actuarial Head for a few InsurTech startups, including European startups.
From India, with
We live and work in Bangalore, also dubbed as the Silicon Valley of India. This also means that we are just a short flight away from major financial hubs in Asia
Our first success story....
.... right here in India
We help our clients grow. And this couldn’t be more true than in the case of our first success story. We helped a homegrown InsurTech startup based in India raise $30m in their Series B investor funding round by providing end-to-end actuarial support.
We have also partnered within space industry to develop innovative solutions for in-orbit satellites insurance as well as innovative applications of satellite imaging in insurance products.
Onward and upward....
