Case Studies

Independent Model Validation for large managing agency

We have recently performed and provided subject matter expertise to the independent validation of the capital model built by a large Lloyd’s managing agent. The review included detailed analysis of current documentation and results, discussions with management and piecing all information together to give a clear detailed description of the model strengths and any possible limitations. This is the second annual review of the internal capital model we have performed for our client, with the positive result of transitioning from an “amber” to a “green” Lloyd’s rating. More

Due diligence for buy-side M&A

We have been providing ongoing support to a large insurer for the due diligence process for proposed acquisitions. Our client engages us to perform an actuarial review of liabilities for acquisitions with very uncertain long-tailed books of business. The liabilities have typically had an emphasis on UK asbestos. More

Pricing dashboard for large managing agent

Dynamo helped a large syndicate in developing an internal pricing dashboard. With different classes of business using different legacy underwriting systems and models, it was very difficult to report on the results in a consistent manner. We developed an automated data flow system to bring together the different data sources, perform a gap analysis for each class of business to identify shortcomings in either the information collected in the pricing models or where data was not being collected correctly and therefore was not able to be reported on.

The dashboard reported on key metrics decided by the business, including different rate change definitions, renewal rates across policy count and premium count and technical pricing strength. The system is currently being extended to the European entity as well as the syndicate.