Elevating in-house modelling for life insurers

In the new AASB 17 landscape of Australian insurance, precision and expertise are indispensable. Life Insurance companies can benefit from working with us to elevate in-house capabilities with rigorous model validation. Here’s why collaboration with us strengthens your in-house team: 1. Australian modelling expertise: With a deep understanding of the Australian insurance market, McGing’s team […]

Life insurance modelling: Enhancing Excel with automation for better controls and audit trails

In the intricate world of life insurance, actuarial models play a crucial role in predicting future liabilities and ensuring financial stability. Well-known actuarial software is often utilised for complex life insurance modelling. However, insurers in Australia still rely on Excel spreadsheets for the “last mile” i.e. the final stages of analysis and reporting, due to […]