Workplace Injuries
Workers compensation is a unique accident compensation market. The many different operational structures of the schemes and the varied (and often changing) legislation mean it is crucial to maintain a ‘centre of knowledge’ approach to gaining and maintaining currency.
At Finity we advise government schemes, scheme regulators of privately underwritten jurisdictions and responsible government departments. The services we provide to different market participants are wide and varied.
Valuation of outstanding claims liabilities is key to the services we provide as actuaries. However, our advice places equal importance on the messages and the reasons for the results as on ‘the number’ itself. Through our extensive scheme experience we have developed efficient modelling practices for projecting, measuring and explaining actuarial release.
We have assisted schemes on the issue of agent remuneration. Through our international research we have a ‘model’ claims management business model against which performance can be benchmarked.
Our understanding of the privately underwritten jurisdictions comes from advising both state authorities and insurers who underwrite the risks. Our ‘centre of knowledge’ approach along with very robust delineation of client teams ensures that the knowledge obtained from our wide experience is available to all of our clients without compromising confidentiality of information.
Our services
Reserving
Pricing
Capital & Enterprise Risk Management
Management Consulting
- Industry Benchmarking
- Strategy and Operations
- Claims Management
- Scheme and Product Design
- Individual Solutions
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Principal: Andrew McInerney
