Welcome to Brainmize actuarial consulting
Brainmize is an actuarial consulting firm located in Brussels that is focused on providing services and supports for insurers.
The new Solvency II regime presents significant challenges for insurers and is set to bring fundamental change to the European insurance industry. Although traditionally expert in liability calculations, insurers face an urgent challenge to collect and present asset data required by the directive, and they are looking for innovative third-party solutions to help them through this complexity.
Implementing Solvency II requires understanding of several concepts relating to governance, risk management and capital setting. Meeting these demands requires a comprehensive, integrated approach to risk analysis (Dynamic Asset Liability Management, Profit Testing ...); an automated approach to data management (Data Quality Managment, Business Process Managment, ...) with clear ownership and high quality data; and a strategic, business-focused design that is easy to understand and manage.
While each insurer will face unique challenges, the Brainmize's approach is differently down to earth and practical. We aim to demystify the theory and implement solutions which are appropriate to your business.
The Actuarial Practice of Brainmize can provide you with the sophisticated tools, models and services that you need to wade through financial regulations and calculate risk. For this, we use our mathematical and actuarial modeling skills to assist our clients in evaluating and addressing risk. We offer also programmatic solutions and pragmatic use of conventional actuarial software so our clients may manage and prepare for the potential financial consequences of uncertain future events. Ultimately we can help you enhance your organization’s performance and even increase profitability.
In addition to identifying needs, it is essential to implement the solution according to the knowledge and tools of the actuarial department. Your depatrment will become independent and be able to continue working with minimal maintenance effort. In this way, the solution will be your idea, not ours. We remain committed to developing innovative tools and products and providing expert solutions, and we will continue to earn our clients’ trust by keeping our focus fixed on their department objectives.