RSKA's Insurance practice provides guidance in such areas as technology, regulation, customer experience, the productivity agenda and other issues. The insurance industry is undergoing a fundamental transformation. Even before the COVID-19 pandemic, new regulations, new technology, accelerating shifts in consumer demand and mounting competition were challenging insurers.
Today’s insurers face a wide range of complex challenges, from navigating financial market uncertainty and evolving consumer demands to outpacing digitally savvy new competitors. While these factors may add new risk, they also present opportunities for insurers, reinsurers, and agents, to rethink strategy, redesign financial and capital models, revamp sales, service and support processes with technology, or explore new growth in emerging markets or through product innovation.
Intensified regulatory scrutinies are at the forefront. Tax Morality and Transparency rate high on the agenda. Modernizing technology and processes to derive value from the vast volume of data, securing the best talent from an ever shrinking pool, and driving efficiencies in front and back office operations will continue to challenge business models for several years to come
RSKA’s insurance team, led by Mr. Kafaltiya with deep industry expertise and strong client relationships, emphasize collaboration and knowledge transfer to help ensure your organization is empowered for the future. We can help navigate this increasingly complex and uncertain business and geopolitical landscape. To make the most of these opportunities, we can help organisations look beyond the traditional boundaries of the insurance business to embrace new ways of working, new ways of interacting with customers, and whole new possibilities in what their business can deliver.
We bring together specialists from actuarial, risk, operations, technology, tax and audit. These skill sets, combined with deep industry knowledge, allow us to provide a breadth of services to life, property and casualty, reinsurers and insurance broker clients.
