Financial Services

Global speciality lines insurance group

PFS have project managed the Australian insurance license application of a global specialty lines insurer. We combined our expertise across local regulatory requirements, insurance, risk management, capital, actuarial, audit and governance to help finalise their business plan, assess the internal business case and work through the APRA licensing process.

Reserve Bank of New Zealand

PFS undertook a review of insurance supervisory settings in response to the introduction of IFRS17 for the NZ General Insurance sector

Integration of purchased life insurer

PFS have project managed the integration of a small Australian life insurer purchased by another APRA-licensed life insurer. We combined our expertise across local regulatory requirements, actuarial valuation and insurance knowledge, risk management, capital, audit and governance to help manage the integration and licensing requirements.

Valuation of Long term incentives for an ASX10 client

PFS undertakes the valuation of a complex range of Long Term Incentive (LTI) benefits granted by the Company to its executives. In addition, PFS provides final and interim monitoring reports to the Remuneration Committee. These reports keep the company up-to-date on the progress of market-based performance hurdles and give shareholders peace of mind that the assessments are calculated independently and using industry accepted methodologies under AASB2..