Life & Health Actuarial Solutions
Actuarial experts delivering solutions to manage your business across the life and health markets
Davies can offer actuarial expertise and advice across the life and health industries to enable clients to make informed business decisions with a clear vision.
Life & Health Actuarial Solutions
What we offer
The Davies actuarial team can provide the knowledge and experience to assist you with achieving the results you want and need. Your goals may include accurate financial reporting, maximising rate increases, insights to drive business decisions, or pricing and product development, and we provide concise and cost-effective actuarial solutions to help you overcome any challenge.
Our services
Product Lines: We specialise in developing various products in the Senior, Supplemental Health, and Life Insurance markets.
Pricing, Product Development & Compliance: We support all aspects of product development and pricing ranging from design, coordination with sales, connecting with distribution, reinsurance support, or third-party administration.
Valuation, Financial Reporting & Appointed Actuary: We offer full support for valuation and financial reporting ranging from product line support to fully independent and complete actuarial opinions for your board of directors and insurance departments.
Actuarial Modeling: We provide our clients a clear vision of how their product pricing, experience analysis, and financial projections can be used to drive decisions, report to regulators, or simply to understand company performance.
Experience Analysis & Rate Increases: Our experience in long-term Medicare, supplement health, and long-term care increases help companies with rate increase filings, which provides valuable insight and results for your business blocks.
Other Non-Traditional Actuarial Services: For many of our clients, we help with non traditional actuarial consulting functions such as valuation of agent commission streams, support for obtaining and analysing reinsurance, TPA support, and captive insurance company support.
Self-Insured Major Medical Insurance: Our self-insured major medical insurance areas include premium equivalent rate development, incurred but not paid studies, reference-based pricing analysis, multiple employer welfare arrangements, medical stop loss optimisation, and broker and third-party administrator support.
Other Health: We can offer captive insurance feasibility studies, Mental Health Parity, and Non-Quantitative Treatment Limitations, Managing General Underwriter support, and health litigation support.
