We are very happy to inform you that we have just published our latest post about the list of best actuarial consultancy firms in Kenya. This post contains detailed information about actuarial consultancy firms that we have listed below. We hope that you enjoy reading this article.
What is actuarial science in Kenya?
Actuarial science is a discipline that deals with the application of mathematics and statistics to the field of insurance. It is a combination of statistics and mathematics, with an emphasis on the mathematical and analytical aspects. It is often associated with the business of calculating and predicting financial losses for insurance companies and making sure the insurance industry has adequate resources to cover those losses.
In the world of insurance, this field is often known by the abbreviated term actuary. It can be a very challenging career path, but if you take the right steps, you too can one day become an actuary!
The need for actuarial consulting firms
Best actuarial consulting firms can assist in making sure that the insurance coverage is sufficient to cover the risk of the company in question. This service can be very useful in a number of cases, particularly in regard to liability insurance.
Actuarial consulting firms are very useful in many cases, and they can often help companies to get better rates in the event of a claim. This is often because an insurance provider will want to know about a company’s history, and actuaries can assist them in assessing the risk posed by that history.
There are a number of different reasons why companies may seek to use actuarial consulting firms, and there are a variety of different ways that they can be used. For instance, companies may use it to assess a company’s overall health, or they may seek to ensure that there is enough coverage to protect the company from risk.
List Of Best Actuarial Consultancy Firms In Kenya
Zamara Group
The Group offers a wide range of actuarial services to support the business needs of insurance firms.
Zamara Group Location
Landmark Plaza, 10th Floor, Argwings Kodhek Road, Opposite Nairobi Hospital.
Zamara Group Contacts
0709 469 000, 020 496 7000.
ACTSERV
Actuarial services (EA) Ltd (ACTSERV) was incorporated 20 years ago and is licensed by The Actuarial Society of Kenya.
ACTSERV provides actuarial consulting to the life insurance industry, including life settlement management, property and casualty insurance, and employee benefits.
ACTSERV Location
26th Floor, Old Mutual Tower, Upperhill, Nairobi.
ACTSERV Contacts:
0708 710 028, 0785 710 028.
Also: Top 10 Best Insurance Companies in Kenya
Minet
Minet is a leading actuary firm providing actuarial consulting services in Kenya.
Minet Insurance Location
Minet House, Processional Way, Off Nyerere Road, Nairobi.
Minet Insurance Contact
0791 904 000.
QED Actuaries & Consultants
QED Actuaries & Consultants is a leading actuarial consulting firm in Kenya offering a wide range of actuarial and consultancy services.
QED Actuaries & Consultants Location
Watermark Business Park, Nairobi.
QED Actuaries & Consultants Contact
0797 135 518.
Kenbright
They actuarial services to life and health insurers and other organizations in the financial services, life, and general insurance, property and casualty insurance, and reinsurance industries.
Kenbright Location
ACK Gardens House, 1st Ngong Avenue, Nairobi.
Kenbright Contact
0709 783 000
RCL
They provide actuary services to insurance companies, reinsurance companies, and pension funds.
Their services include actuarial consulting, policy administration, and financial consulting. They also provide risk management and loss control consulting.
RCL Location
2nd Floor, The Westwood, Vale Close, Off Ring Road, Parklands.
RCL Contacts
0701 671 750, 0775 671 750.
PwC Kenya
PwC has established itself as one of the best actuarial consulting firms in Kenya. They have a number of actuaries who have managed to make it a home for themselves, which makes the firm the choice for many actuarial consultants.
PwC Location
PwC Towers, Waiyaki Way, Nairobi.
PwC Contacts
020 285 5000, 020 285 5001.
KPMG East Africa
KPMG East Africa is one of the leading actuary consulting firms in the country. With over 30 years of experience, they have been a leader in actuarial consulting services, offering specialized expertise in risk, insurance, pension, health and welfare, and life assurance. They offer tailored solutions to meet your business objectives.
Location: 8th Floor, ABC Towers, Waiyaki Way, Nairobi.
Contacts: 020 680 300, 020 680 000.
Conclusion
Best actuarial consultancy firms are usually specialized agencies that act as intermediaries between insurance companies and their clients. This allows actuarial consulting firms to play an important role in the life of the company. In fact, actuarial consulting firms are required to provide comprehensive actuarial advice on all matters which relate to risk management and insurance, including health, safety, pensions, compensation, life, disability, occupational, casualty, and other kinds of insurance.