Life, Health and General Insurance
RiskHouse Africa is a consulting firm specialising in both the setup and reorganisation of actuarial and capital teams. In addition, we assist businesses with:
- improved senior management understanding of actuarial and capital team output
- improving the governance over the performance of actuarial teams
- the implementation of strategic management actions to improve the income statement, balance sheet and capital requirements
Our services include: Modelling, Computations & Valuations within traditional and non-traditional streams of insurance.
Key Capabilities:
- Head of the Actuarial Control Function (‘HAC’) Services
- Actuarial Valuation Reports
- Regulatory – ORSA (Own Risk & Solvency Assessment) support
- Regulatory reports for Boards/Senior Management
- Risk Management support
- Analytics
For more information please Contact Us here
Legal
RiskHouse Africa provides the complete range of Actuarial Valuation services – whether it is preparing clear, concise calculation reports or unpacking existing reports for the legal profession:
- Personal Injury
- Maintenance – Deceased Estates
- Maintenance – Divorce
- Labour Law
- Contract and Commercial Law
We conduct actuarial valuations for Road Accident Fund (RAF) / Motor Vehicle Accident (MVA), Medical Malpractice, as well as Personal Injury & Loss of Support claims in terms of the Compensation for Occupational Injuries and Disease Act (COIDA).
This includes the Computation of the Claim and the Optimisation of your internal processes related to these claims.
WE ALSO PROVIDE:
- Actuarial Consultations
- Expert witness testimony
- 24 hour Telegram Instant Messaging support for actuarial queries
- Training workshops for all staff
For more information please Contact Us here
Business
The potential for profit and loss inherent in an organisation’s operations and business environment – increased competition, labour unrests, exchange rate fluctuations and adverse economic conditions impacts significantly on an organisation’s ability to provide return on investment and shareholder value.
Businesses evaluate financial risk in terms of the probability that an achieved return on a business investment could be lower than anticipated.
The aspects of risk include:
- Conceptual risk
- Equity and Capital risk
- Default on payments or delivery risk
- Fiscal conditions risk
- Country risk
- Exchange rate and Interest Rate risk
- Gearing and Liquidity risk
- Strategy and Operational risk
- Sovereign risk and Insurance Underwriting risk
- Key Services:
- Strategy and Growth
- Reducing the risks and exposure of International Trade
- BB-BEE Strategy: Enhancing Corporate and Business value
- INVESTMENTS: Advisory on Investment Strategies
- MERGERS & ACQUISITIONS: Evaluation of Risks and Benefits
- SOCIO-ECONOMIC DEVELOPMENT: Strategies to enhance economic and social upliftment programmes
For more information please Contact Us here
Government & Service Delivery
RiskHouse Africa have identified an increasing need for traditional Actuarial expertise and risk assessment tools to be applied in non-traditional spheres. These include applications in Provision of Government Services, Evaluation and Feasibility of Government Initiatives and Infrastructure Projects.
There are numerous risks associated with extent and quantum of development and service delivery strategies. All projects contain uncertainties in terms the size of project, the timing of the project, the financial risks and the costs envisaged. Managing risk in such government projects is a shared responsibility among all critical stakeholders, including governments, industry partners and non-government organisations. Partnerships and information sharing represent the building blocks to enhancing the resiliency of infrastructure, these cannot be undertaken in isolation of risk management and the development of plans and exercises to address these risks.
Recognizing that the impacts of disruptions can cascade across sectors and jurisdictions, there is prudence in implementing a coordinated, all-hazards approach to critical government and local municipality risk management.
Key Areas of Value Add Include:
- Municipalities – evaluating Projections, Risks, Impacts (PMFA/MFMA Acts)
- Review of RISK MANAGEMENT FUNCTION Effectiveness
- Evaluation of Tender Documents for IDC, etc.
- Service Delivery Optimization
- Government INFRASTRUCTURE DEVELOPMENT – Strategies & Execution
- SOCIO-ECONOMIC Development Strategies
For more information please Contact Us here
Going green for the environment & your customers
Meeting the challenge of Climate Change.
RiskHouse Africa is a social enterprise that offers an approach to manage your corporate carbon footprint and reporting.
Climate change is a reality. The human race’s actions have steered us on a course that is negatively affecting the whole planet. Businesses have started to step up and take action.
Following a historic 2015 that produced important global policy frameworks for sustainable development — namely, the Sendai Framework for Disaster Risk Reduction, the UN Sustainable Development Goals and the Paris Agreement on Climate Change — 2017 presents the opportunity for implementation and delivery.
Our approach is designed to highlight areas of potential savings in your organisation.
For more information please Contact Us here