The life insurance and savings sector is growing rapidly in developing countries. This growth is driven on the one hand by the crisis of pay-as-you-go pension schemes and rising life expectancy, and on the other hand by changing lifestyles, combined with tax incentives that favour this kind of savings channelled through life insurance.

In this context, and to grow their market share, life insurers must design and develop innovative solutions for their customers, and modernise and automate their production processes in order to reduce costs and processing times, thereby optimising their use of resources as well as their ability to seize new business opportunities.

• • To this end, we offer the following services:

• Support in designing new products;

• Drafting of:

  • Instructions;

  • Technical notes;

  • Simulations and rates;

• Support for product approval;

  • As information systems are at the heart of the insurance business

• We assist you with:

  • Setting up pricing software modules with the appropriate parameters;

  • Installing reserve management modules on your information systems;

  • Monitoring products and adapting pricing and reserving tools to regulatory changes;

• • Other general support services:

• Support in drafting and pricing group life insurance contracts;

• Audit and valuation of mathematical reserves for in-force life insurance contracts;

• Support in implementing prudential solvency rules;

• Audit and review of any pension or savings product;

• Life reinsurance advice;

Whatever your technical issue in life insurance, savings and pensions, we can help you solve it by providing answers suited to your situation. Our service can range from a simple technical consultation to a more substantial assignment, such as developing a pricing or mathematical reserve valuation module for you.

Pricing and Reserving Software for Term Insurance

This software is a pricing tool for loan-related term life insurance. It also calculates closing mathematical reserves, pure mathematical reserves and administrative expense reserves at any date during the life of the contract. Its many settings make it highly flexible and easy to use.

We can also provide IT project ownership support for the in-house development, within your company, of pricing and technical reserve management tools, acting as the interface between your business teams and your development teams, while providing algorithmic expertise for the highly technical valuations and calculations of life insurance, in full compliance with the regulatory framework in force.