A qualified actuary with insurance industry, consulting and banking experience, Scott has extensive knowledge of the requirements of clients and providing solutions to meet these. He has significant experience of Board level interaction and is a clear and focussed communicator. He is also one of the most experienced and well-known experts on investment issues for insurers and is a regular press contributor and speaker at conferences.
Scott is a holder of a Life Actuary Certificate. He has also carried out the roles of Actuarial Function Holder, With-Profits Actuary, Reviewing Actuary for a range of insurers and was a Non-Executive Director of a Friendly Society for six years.
His extensive experience, clear advice and flexible approach have helped him to become a trusted consultant to a wide range of insurers from niche friendly societies to large multi-nationals.
Scott leads the strategic development and growth of our general and life insurance consulting teams.
According to a new report, ‘Perspectives on Value’, spending on consultants by insurance companies is expected to rise over the coming year. The report cites complexity and structural challenges as the primary drivers behind the forecasted increase.
Pressure is mounting on the life insurance market to become more efficient and offer value to shareholders and customers. As a result, life insurance companies are turning to third-party actuarial consultants. How can this process be improved?
With-profits funds offered by UK insurers have had a poor reputation since the near-collapse of Equitable Life, with many depicted as “zombie” funds producing poor investment returns. But, this just isn’t the case for the majority of funds.