Medical Expenses Insurer Actuarial Support

We understand the characteristics of the full indemnity medical expenses product as well as the cash based products. 

We can provide a wide range of actuarial support including the provision of an experienced actuary who can perform the Chief Actuary (general insurance excluding Lloyds) role for your company. We are also able to provide support on the calculation of Solvency II Technical Provisions and Solvency Capital Requirements (SCR) and the implementation and embedding of the ORSA requirements. We can provide actuarial reserving skills for IBNR / claims reserves and we can provide support on business plan stress tests as well as pricing exercises.

Key Benefits

  • Understanding of differences between medical expenses and other insurances.
  • Knowledge of the issues in the market.
  • Flexible service to fit your needs. From all inclusive actuarial support to just carrying out one particular calculation.
  • Knowledge of PRA requirements for IBNR, Technical Provision and Solvency Capital Requirement calculations
  • Embedding of Solvency II Governance requirements.


We have a thorough understanding of the medical expense insurance product and know how it differs from other insurances.

  • Reserving

We understand the key issues on actuarial triangle reporting for IBNR and OSCR and can also bring in movements in delay patterns within the organisation. A focus on data quality and usefulness of the results.

  • Pricing

Statistical and common sense modelling of the risk undertaken.

  • SCR, ORSA and risk

We can help calculate the SCR, help firms prepare their ORSA including their forward looking assessment and help in governance issues including leading discussions on the reverse stress tests.

  • Statutory reporting

We work well with other professionals generating the right team spirit to achieve the tight deadlines required by the PRA for annual and quarterly reporting including the production of reporting templates. We ensure that our reports fit into your business and not the other way round.

  • Solvency & Financial Condition Report (SFCR) and Regular Supervisory Report (RSR)

We provide tailored support for completing your SFCR and RSR. This can range from supplying the actuarial input into the reports to completing large sections of the narrative.

  • Documentation

We can produce or review documentation in relation to Technical Provisions, ORSA, SCR and Actuarial Function Report.