Insurance consulting services
Helping insurers manage financial risk through actuarial and longevity expertise
As an insurer, it is vital that you have the ability to deliver and adapt to changing requirements.
Our insurance and longevity consulting team provides you with the expert support and commitment to client delivery to enable you to do this. This can be through efficient outsourcing or technological solutions, through flexible project support, or traditional advisory and assurance engagements.
We dedicate significant time to research and development to bring you the latest ideas and insurance market knowledge to keep you ahead of changes in the industry.
We listen and tailor our insurance consulting approach to reflect the size and complexity of our clients, ensuring our independent solutions are suitable for the risks and issues you face.
We work with the full range of life insurers, ranging from niche providers, friendly societies and Lloyds’s life syndicates to FTSE 100 and global insurance companies. Our consultancy services include the fulfillment of reserved roles, peer reviews and Solvency II calculations.
We offer a full range of actuarial and risk management consultancy services to non-life insurers, ranging from traditional actuarial areas, such as reserving, to new and developing areas, such as validation and ORSA embedding.
Insurers are reflecting on their businesses and available capital, and investing in improving their customer engagement. We offer a full range of strategic advisory services covering M&A and transactional design and support, product development support, risk transfers and customer engagement enhancement through our data analytics team.
We provide services covering all aspects of unit-linked insurance management including unit pricing governance and methodology reviews, independent advice on discretionary practice, error investigation and rectification, product development and policyholder disclosures.
We’re a leading adviser to the sponsors and trustees of UK DB pension schemes, and also have extensive experience of supporting UK life companies. This makes us ideally placed to offer a comprehensive set of knowledge and services to the Bulk Purchase Annuity (BPA) provider market.
Our specialist longevity consultants have an unrivalled depth of knowledge and experience in analysing and modelling mortality. We analyse life expectancy risks that underpin the advice we provide to the holders, buyers and sellers of longevity risk.
BW offer an end-to-end consultancy experience from data through to disclosure. We provide expertise to support you in all areas of actuarial, pricing and risk functions;
We utilise in-house built tools as well as ensuring expert familiarity with a wide range of vendor supported applications and open-source offerings.
Investment issues are increasingly important to insurer profitability and risk management. We provide a market-leading range of insurance-specific advice on investment issues while providing investment governance support through our outsourced investment function offering.
Our vibrant insurance and longevity team continues to grow as more clients recognise the excellence of our knowledge and delivery. We now have team members in four offices – London, Glasgow, Cheltenham and Leeds.
From producing end-to-end actuarial valuations through capital modelling and risk management to pricing and model transformation, our recruitment opportunities offer variety and extend from graduate level right up to senior leadership.
Our insurance consultants have worked with some of the leading insurers in the UK, providing independent services and technologies to solve their key challenges.
Learn moreReduce the time and effort required to turn complex stochastic data into visually engaging outputs with our proprietary automation software – built specifically for insurers who want to capture real value.
Find out moreOur independent insurance commentary, news and research is freely available and designed to help you navigate through a range of topics and challenges facing our sector today.
Explore our insightsFor more information about how our independent insurance consulting and longevity services can be tailored for your needs, speak to our team today.