We provide estimates of outstanding claims for insurers of all types and sizes, and also review estimates in a peer review role.

Liability valuation

Our consultants have unmatched experience in valuing liabilities for insurers and schemes looking to meet regulatory requirements and gain a deeper understanding of their financial performance.

<p>Our advice is clearly communicated so that our actuarial valuations support strategic and operational decisions.</p>

Meet your APRA requirements and gain a deep understanding of your liabilities.

Robust models to analyse underlying claims processes

In-depth analysis of trends in the experience

Deep industry research by line of business

Our approach is crafted to meet your circumstances using:

<p style="margin-left: 0cm; text-indent: 0cm; mso-list: l1 level4 lfo2;">Assessing particular exposure profile and circumstances, we conduct valuations of asbestos liabilities and project future claims costs. We:</p>
<ul>
<li style="text-indent: 0cm;">Benchmark your asbestos claims experience against comparable industry portfolios</li>
<li style="text-indent: 0cm;">Provide projections that use the most recent industry information</li>
<li style="text-indent: 0cm;">Consider changes in disease incidence and trends in the claims, medical and litigation environment</li>
<li style="text-indent: 0cm;">Access our deep research insights on asbestos-related disease claims arising from industrial, environmental and product-related exposures.</li>
</ul>

Asbestos liability reserving

<p style="margin-left: 0cm; text-indent: 0cm; mso-list: l1 level4 lfo2;">We regularly advise on suitable risk margins to include in liability provisions for both accounting and regulatory purposes. Our rigorous approach features:</p>
<ul>
<li style="text-indent: 0cm;">A sophisticated methodology that integrates models of independent risk and systemic drivers of risk, as well as capturing the correlations between different sources of risk.</li>
<li style="text-indent: 0cm;">Understanding and capturing the impact of tail-risk exposures.&nbsp;</li>
<li style="text-indent: 0cm;">Qualitative considerations.</li>
<li style="text-indent: 0cm;">Our extensive hands-on experience coupled with Industry research enables us to provide highly relevant benchmarking of risk margin outcomes for our clients.</li>
</ul>

Risk margins

Lucy Flemming

A trusted advisor

<p><a href="mailto:andrew.cohen@finity.com.au">andrew.cohen@finity.com.au</a></p>
<p>Ph +61 2 8252 3346</p>
<p>Mobile +61 423 519 139</p>
<p>LinkedIn: <a href="https://www.linkedin.com/in/andy-cohen-105b9515/%20">https://www.linkedin.com/in/andy-cohen-105b9515/&nbsp;</a></p>
<p>&nbsp;</p>
<h5>Qualifications</h5>
<p>BSc, FIAA</p>
<p class="MsoNormal"><span lang="EN-US">Andy Cohen is a Director and Principal of Finity and has over 30 years&rsquo; experience in the general insurance industry. He </span>is or has been the Appointed Actuary to 14 insurance and reinsurance companies.</p>
<p class="MsoNormal"><span lang="EN-US">Andy has extensive experience in a wide variety of insurance classes including workers&rsquo; compensation, public liability, lenders mortgage insurance, trade credit insurance, professional indemnity and reinsurance. </span></p>
<p>&nbsp;</p>
<p class="MsoNormal">He provides advice on reserve levels, pricing, financial projections, capital management and reinsurance strategy.</p>
<h5>Areas of Expertise</h5>
<ul>
<li>Appointed Actuary services</li>
<li>Workers compensation</li>
<li>Reinsurance</li>
<li>Professional indemnity</li>
<li>Lenders mortgage insurance</li>
<li>Extended warranty</li>
</ul>
<h5>Talk to me about</h5>
<ul>
<li>Appointed Actuary &amp; Reserving</li>
<li>Industry-based mutuals, specialised insurers, self-insurance</li>
<li>Appointed Actuary &amp; Reserving</li>
<li>Capital management
<p class="MsoNormal">&nbsp;</p>
</li>
</ul>
<p>&nbsp;</p>

Andy Cohen

<p><a href="mailto:gillian.harrex@finity.com.au">gillian.harrex@finity.com.au</a></p>
<p>Ph +61 3 8080 0901</p>
<p>Mobile +61 413 880 733</p>
<p>LinkedIn: <a href="https://www.linkedin.com/in/gillian-harrex-90644474/">https://www.linkedin.com/in/gillian-harrex-90644474/</a></p>
<h5>Qualifications</h5>
<p>BEc (ActSc), FIAA, GAICD</p>
<p>Gillian Harrex Director and Principal at Finity. She is an expert in long tail claims including catastrophic injury, motor accident compensation, medical malpractice, workers compensation and redress. She heads up Finity&rsquo;s Melbourne team and has over 25 years of experience in general insurance. Gillian is a prominent advisor to state insurance schemes and lifetime care. She has worked with a wide range of insurance companies, medical malpractice insurers, statutory authorities, self-insurers and reinsurance companies across Australia. Gillian&rsquo;s core areas of expertise include financial modelling and reporting, capital management, valuation of insurance liabilities and pricing for long tail classes of business with particular expertise in medical malpractice.</p>
<h5>Areas of Expertise</h5>
<ul>
<li>Pricing</li>
<li>Reserving and portfolio monitoring</li>
<li>Medical negligence</li>
<li>Life time care</li>
<li>Liability</li>
<li>Motor injury</li>
<li>Workers compensation</li>
<li>Mortgage insurance</li>
<li>Financial management</li>
<li>Government oversight of statutory schemes</li>
<li>Capital design and management</li>
</ul>
<h5>Talk to me about</h5>
<ul>
<li>Injury and care (Medical indemnity, motor injury, workers compensation and lifetime care)</li>
</ul>

Gillian Harrex

<p><a href="mailto:estelle.pearson@finity.com.au">estelle.pearson@finity.com.au</a></p>
<p>Ph +61 2 8252 3331</p>
<p>Ph +61 (419) 420 079</p>
<h5>Qualifications</h5>
<p class="MsoNormal"><span lang="EN-US">BA (Oxon), FIAA</span></p>
<p class="MsoNormal"><span lang="EN-US">Estelle is</span> <a name="_Hlk93660632"></a>a <span lang="EN-US">Director </span><span lang="EN-US">at Finity and is one of the leading actuaries in Australia. She has worked on a number of high profile assignments over the last decade, including acting as the actuarial advisor to the Royal Commission into Institutional Responses to Child Sexual Abuse. She has worked in general insurance for over 30 years and has wide experience across both personal and commercial classes of business including reserving, pricing, strategic and regulatory issues. In 2012 Estelle was named Actuary of the Year.&nbsp;</span></p>
<h5>Areas of Expertise</h5>
<ul>
<li>Liability, Professional Indemnity, CTP, Workers Compensation, Medical Negligence, Mortgage Insurance</li>
<li>Pricing, reserving and portfolio monitoring especially for long tail classes</li>
<li>Scheme design and regulation of CTP and Workers Compensation</li>
<li>Market entry and product entry strategy</li>
<li>Insurance licence application</li>
<li>Insurance licence transfers and schemes of arrangement</li>
<li>CSA liability expert</li>
</ul>
<h5>Talk to me about</h5>
<ul>
<li>Consulting</li>
</ul>

Estelle Pearson

d’Finitive: Motor Injury Insights December 2023

Redress and civil liability update

Finity is the leading provider of Appointed Actuary services to both general and health insurers in Australia and New Zealand.

Appointed Actuary

Sophisticated strategies for managing financial performance

Capital management

Build an understanding of your climate change exposure and develop a smart climate risk strategy.

Climate & sustainability

Self insurance

Business strategy consulting with an actuarial approach

Business strategy

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Practical insights. Innovative products. Infinite possibility.

Liability valuation services for insurers and schemes.