Insurance consulting

Our insurance consulting services

The insurance industry is undergoing rapid transformation, driven by regulatory changes, emerging risks, and the rise of advanced technologies. By integrating the latest in data management, advanced analytics, finance transformation, and risk and capital strategies, we deliver tailored solutions that streamline operations and enhance decision-making.

Our key offerings include:

• Pension risk transfer solutions: We specialise in structuring and pricing transactions, offering comprehensive services from data preparation and cashflow modelling to pricing and residual risk analysis. Our solutions facilitate the seamless transition of pension responsibilities to insurance platforms and financial systems.
• Data & analytics: Leveraging our XPS Data Pool, XPS Analytics monitors and aligns emerging experience with your assumptions. This service delivers insights into member behaviour, aiding in precise assumption setting and analysis.
• NextGen analytics: Our expertise in both technical and technological domains enable us to craft advanced analytics solutions, enhancing workflows and management reporting to unlock new insights and boost operational efficiency.
• Finance modernisation: We assist in updating processes and systems that underpin actuarial and financial functions, supporting all primary actuarial modelling platforms and elevating the automation, data handling, and agility of relevant systems and workflows.
• Regulatory change: Our guidance helps clients navigate and integrate regulatory and accounting changes, such as Solvency II and IFRS 17, into their actuarial and financial frameworks.
• Transformation management: We offer comprehensive management for transformation initiatives, encompassing everything from business case formulation to programme execution and change management.
• Capital optimisation: Our services in capital optimisation include matching adjustment portfolio reviews, reinsurance structuring, and hedging solutions, catering to insurers' needs.
• Risk management: Our integrated risk, capital, and performance framework ensures risk management is central to business operations, supported by improved processes for effective risk function operations.
• Investment advisory: We provide multifaceted support, from strategic asset allocation reviews to fund manager selection, illiquidity asset management through our innovative XPS Xchange platform, and cashflow and liquidity management services.
• ESG and sustainability: Aligning investment strategies with responsible objectives, we offer ESG solutions and transparency through our ESG Ratings framework and proprietary XPS Sustainability/Impact investment fund labels.
• Climate risk management: Combining investment, actuarial, and covenant insights, our team assists in addressing climate change challenges, providing comprehensive analysis and supporting the implementation of climate strategies.
• Governance excellence: XPS delivers solutions to reinforce control systems around new processes necessitated by regulations, restructuring, or governance enhancements.
• Board education: We create bespoke Board education sessions on diverse topics to meet organisational needs in a changing market, tailoring training programs to your engagement preferences.
• Resource support: Our diverse XPS talent pool offers specialist support for projects and ongoing business needs, enhancing finance, actuarial, and risk functions.
• Administration services: As leaders in administration, our Aurora platform and services bolster policyholder services and operational efficiency, covering administration, payroll, accounting, and more.
• Strategy and planning: Our service assists actuarial, finance, and risk departments in optimising productivity, reducing risk, and ensuring alignment with business strategies.
   

Why choose XPS?

XPS stands apart by delivering effective and results-driven, tailored solutions that reflect the unique needs of every client. Our mission is to drive innovation and efficiency, helping you stay ahead in a dynamic marketplace. By blending deep expertise with a collaborative approach, we ensure that our solutions align with your business goals. Our track record in leveraging technology and analytics enables us to offer fresh insights and improve operational efficiencies. We pride ourselves on transparency, independence, and client-centric service, ensuring your success is our top priority. At XPS, each project is handled with precision, creativity, and a relentless focus on delivering measurable outcomes.