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- What is the cash-flow risk associated with issuing a new type of policy?
- How can you probabilistically estimate the aggregate runoff risk for your portfolio of issued policies?
- How do we incorporate the risk of correlated claim costs in an aggregate claim distribution?
- How will changes in consumer demand patterns affect your business?
- How can you better estimate and control increasing levels of fraudulent claims?
Quantitative risk analysis supports decision making of both providers and consumers of insurance products. Insurance companies are continually challenged to stay current on leading edge and emerging quantitative techniques. Insurance brokers and purchasers of insurance products are faced with a dizzying array of choices in the insurance universe that make it very difficult to select the best portfolio of policies so as to minimize both risk and expense.
Vose Consulting offers custom solutions to unusual insurance risk problems in areas such as operational and credit risk and can assist organizations in making the best coverage selections based on their specific claims history and expectation for future losses. Vose Consulting also offers standard and custom in-house courses in probabilistic risk analysis applications for the insurance and reinsurance industry as well as corporate risk managers. We are also very proud of our colleagues at Vose Software who have commercially released a software tool that brings advanced risk analysis modeling (including Aggregate modeling, copulas and time series fitting...) for insurance and finance to Excel: ModelRisk for Insurance and Finance.
Click here to see more details of our capabilities.
M.Sc.
+32 932 406 23
Vose Consulting Belgium Office
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At Vose Consulting we believe in partnering relationships with our clients: that is, we strive to structure our clients' use of our time to maximize their benefit. To that end we prefer to work, wherever possible, alongside the client, demonstrating and teaching as we go the methods we use and sharing as much of the work as possible with the clients' personnel. This maximizes the transfer of knowledge, so that the client is better able to understand our work, and more capable of doing future projects by themselves. We aim for long-term relationships with our clients.
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- AON Capital Markets
- Bayerische Landesbank, Munich, Germany
- Zurich Financial Services, Switzerland
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Problem: A FTSE 100 client purchased insurance to cover any significant drop in its expected cash flows. Some years later when it was apparent that a claim would be made against the policy, the insurance company contested the validity of the model against which the policy was priced.
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Problem: A large pharmaceutical company self insured itself for majority of operational risk and wished to develop a tool to enable themselves to better rationalize the external insurances.
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Vose Consulting primary goal is to help clients make better, more informed decisions in the face of uncertainty and risk. We accomplish this goal through a combination of risk analysis consulting, training, and software. We believe that training is essential in all customer engagements. Vose Consulting provides training in many aspects of risk analysis, from general probabilistic modeling to complex financial and project risk analysis. We have a particular focus and expertise on quantitative risk analysis and modeling. Below you can see the list of training courses suggested by Vose Consulting. To see all trainings and schedules courses, please click on the links following the list.
Scheduled courses
Other courses
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