With a backdrop of climate change, emerging risks, and M&A activity in the sector, together with new products, new technology and new entrants, there is a wealth of challenges that the Insurance industry faces.
Navigating all of this, while growing your business in a market with significant cost pressures, can be challenging. To deliver business transformation and change effectively, requires a methodical, focussed approach.
Altus Consulting is your partner of choice to deliver positive transformational change. Working across General Insurance, Specialty Markets and Protection & Health to positively accelerate your business transformation, we bring a wealth of industry knowledge, and a highly experienced Insurance Consulting team who have worked at the forefront of the insurance industry, enabling you to meet your strategic goals.
The General Insurance sector is a challenging and competitive market with price sensitive customers demanding quality products and services. Insurers are facing a regulator looking to improve customer outcomes, whilst the cost of doing business is constantly rising, the challenge of becoming a more modern, digital business is constantly evolving.
To meet these challenges head on, Insurers need to optimise their businesses, streamline processes, and use the right technology to underpin these changes.
Altus Consulting has been at the forefront of insurance change for over 15 years, with passionate industry experts who understand Insurance and can enable Insurers to drive forward positive transformation through considered, methodical, consultative advice.
The Lloyd’s and London Insurance market has been at the centre of global specialty insurance for generations.
Its ability to underwrite and evolve has always been defined by a culture of innovation and entrepreneurialism. Now with the globalisation and digital transformation affecting the whole sector, the need for businesses to be adaptable, distinctive, digital and operationally efficient requires focus and reimagined capabilities to better serve the needs of clients, stakeholders and society at large.
Our expertise and cross-functional knowledge supports all types of organisations including Lloyd’s, (re)insurers, brokers, MGAs, captives alongside the tech and solution providers that underpin them.
Altus Consulting combines creative thinking with deep domain experience to help position the strategies and change programmes required that can bring high-impact value to complex projects in very short timescales.
The Protection and Health industry has been the bedrock of providing assurance and support as one of the first Insurance innovators. From the early Friendly Societies providing essential provisions to fund affordable funeral care, to modern day swift and tailored access to insurance-funded first-class healthcare treatment. During this time, what’s remained a constant is providing products and services that are there for the customer, at a time when they’re needed.
Altus Consulting has deep industry experience helping the sector transform as the needs of the industry continue to grow. Engagements range from new technology enablement, strategic thinking and options, all the way to business process re-engineering and optimisation, bringing high-impact value to complex projects in very short timescales.