
Insurance default settings and positive member engagement
A fund’s default insurance settings serve as a critical point of differentiation and have a meaningful influence on member retention rates.

A fund’s default insurance settings serve as a critical point of differentiation and have a meaningful influence on member retention rates.

Last week, the PFS Consulting team attended AI Con, hosted by the Actuaries Institute. The conference showcased the rapid evolution of AI and the need for industries to adapt to its transformative potential.

Some not-for-profit enterprises (NFPs) provide services for a group of people over an extended period of time. Services can include providing accommodation, covering living expenses, and supporting charitable activities.

The actuarial ‘package’ is powerful, flexible, and broad based. It can add value in unique ways, in both established and new contexts.

I am delighted to announce that PFS Principal Ian Laughlin has been awarded the Actuaries Institute Gold Medal, in recognition of his outstanding contribution to the actuarial profession, business, the broader community, and government.

This is the final article in a three-part series, covering the factors required to successfully leverage data and analytics.

This article is the second of a three-part series, the focus on enabling a data-driven culture and the factors and techniques which can be implemented.
PFS would like to congratulate PFS Principal Dr Ian Pollard on being named a Member of the Order of Australia, in recognition of his significant service to business, to ethical standards, and to the community.