Case Study
Improving Actuarial Efficiency by Analysing Claims Data
© Zensar Technologies Company: Liberty Holdings Limited Headquarters: South Africa, Johannesburg Industries: Insurance and Financial Services Products and Services: Life and health related insurance, investment management, and facilitation of retirement income Employees: More than 10,000 Total Assets: R 611 billion Website: www.liberty.co.za Business Benefits • 60% increase in actuarial team efficiency • Creation of a granular risk stratification by analysing multi-year sales data Challenges • Build a road map for leveraging new age technologies • Analyse and visualise multi-year claims data • Improve the efficiency of their actuarial teams • Analyse multi-year sales data