Technology & Innovation | Nicholas Actuarial Solutions

NICHOLAS ACTUARIAL SOLUTIONS

TECHNOLOGY & INNOVATION PRACTICE

We develop technology and artificial intelligence in the field of actuarial science. Our solutions are state-of-the-art and world leading, serving like-minded clients in the forefront of technology and innovation.

IBNR

ROBOT

IBNR Robot estimates the optimum level of expected claims liabilities and its range. The underlying artificial intelligence combines commonly used loss reserving methods, statistical optimisation techniques and pragmatic solutions. It is independent, robust and instant.

It is commonly used in general insurance pricing and valuation. For more information, visit IBNR Robot.

technology & process automation

reinsurance administration
risk management systems
life insurance point of sale systems
medical underwriting systems
customised calculators
enterprise data warehouse
blockchain solutions

innovation

workshop

Innovation is crucial to enterprise success. Our innovation workshop guides participants through real-life business challenges, using a variety of stimulating tools and activities.

With our experience in the insurance sector, we have developed an insurance industry focused workshop specifically to benefit insurance companies.

Practice Leader

PRACTICE LEADER

Nicholas Yeo FIA FASM FSA FSAS FSAT

Founder & Actuary

Nicholas leads the Technology and Innovation Practice at Nicholas Actuarial Solutions.

Nicholas founded Nicholas Actuarial Solutions in 2015. He is an actuary with exceptional business acumen and a global perspective. His clients and his organization benefit from his strong grasp of strategic, operational and risk management aspects of the business. Nicholas holds himself to very high standards and always deliver excellent performance.

Nicholas has a wide range of experience in traditional actuarial work, as well as in non-traditional areas such as offshore insurance, artificial intelligence, insurtech and analytics.

Nicholas is a Fellow of the Institute and Faculty of Actuaries (UK) and a Fellow of the Society of Actuaries (US). He is a past Council Member of the Society of Actuaries’ Entrepreneurial & Innovation Section. He is also a past Chairperson of the Professional Development Committee and Events Committee of the Actuarial Society of Malaysia. Nicholas graduated from Cass Business School with First Class Honours in BSc Actuarial Science.