Business Planning

Finity’s management consultants and actuaries assist our clients in formulating business plans. In Australia, each APRA authorised insurer is required to submit a business plan to APRA annually.

We use our extensive knowledge of the industry to draft plans which are realistic and which take into account current market conditions as well as the competitive landscape. To complement the qualitative planning, we use our sophisticated business forecasting models to make detailed projections of profitability and solvency.

We also work with our clients to develop monitoring tools which track progress against plans throughout the year.

When working with start-up insurers, we help with the development of the business planning process with focus on helping them to develop their internal planning capabilities.