PRESCIENCE
Insurance Consultants and Actuaries
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Featuring

The integration of our IT and actuarial expertise enables life insurance companies to solve technology implementation and financing issues at the same time.

Know more about our Life Insurance Administration Solution...

As more countries have adopted IFRS, our actuaries have helped several life insurance companies in the Caribbean region to comply with the Standards.

See details of our Financial Management practice...

 

Prescience > About Us
 

Company Profile

Prescience Insurance Consultants and Actuaries Inc is an actuarial consulting firm specializing in life and health insurance business.  The company was established in 2003, but our insurance consulting business has a much longer history which can be dated back to 1990 when the insurance practice was established as a part of the global consulting practices in Buck Consultants Limited.  This insurance consulting practice was acquired by Prescience in 2003.

We have been serving insurance organizations across North, Central and South Americas and the Caribbean region since 1990, and are in a position to deliver our expertise to clients in other regions of the world. 

Our senior consultants are all qualified actuaries in Canada and U.S., and have extensive international experience in insurance business in major insurance companies and consulting firms.

Business Philosophy

Our philosophy is to bring values to our clients through:

  • establishing long-term relationship,

  • working closely with management and staff,

  • recognizing individual companies unique situations and customizing services accordingly, and

  • providing total solutions to meet all aspects of business needs.

 Our Services

We provide a full range of actuarial services and system solutions to life insurance companies.  Unlike traditional actuarial firms which provide actuarial services only and traditional software vendors which just develop software systems, we are able to integrate actuarial consulting services with system solutions.  This is particularly beneficial to companies with strong focus on efficiency and quick response to rapid-changing market. 

Our services include:

Actuarial services

  • Product development

  • Financial management and reporting

  • Risk analyses

  • Reinsurance

System solutions

  • Life insurance administration solution

  • Reinsurance administration solution

  • Proposal software

 

Copyright © 2008 Prescience Insurance Consultants and Actuaries Inc. All Rights Reserved.