The necessity of strong actuarial leadership to the success of transformation projects is well established. Once the leaders are on board, what can they do to get buy-in from their teams?
History has shown us that the key objectives of corporate transformation projects are very often not met (a fact to which many studies attest), but are there factors present in actuarial teams specifically that can make or break actuarial transformation projects?
Our client had selected a software provider for their IFRS 17 solution. MBE was able to reduce the total estimated spend from R40 m to R7 m.
Andries Beukes explores the reasons why transformation projects often fail in actuarial teams – and what we can do to give them the best chance of succeeding.
The MBE Consulting team has worked in partnership with Software Alliance to integrate our IFRS Assessment tool into their software platform Mo.net, which included improving and increasing the capabilities it offered actuaries for the implementation of IFRS 17.
MBE Consulting’s Andries Beukes and Ben Herrett recently sat down with Ashley Smith at CSS. In the podcast – Solvency II Review and What’s Next for Insurers, they discuss the increased drive by asset managers to attract insurance investors.
The insurance industry has developed organically over centuries, its growth fuelled by meeting societal needs, but accelerated by historically unscrupulous sales practices.








