© 2023, Intenda Financial Services
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The IFS Analytics team consists of a number of highly experienced, driven individuals with a variety of professional backgrounds. Our purpose and passion is to assist our clients in building and improving their data environments, so that they can make business decisions through actionable insights derived from all the data at their disposal.
Most businesses only use a small fraction of the data they generate or have access to. The desire to improve data-driven decision making is the primary reason that most businesses invest in business intelligence solutions.
The extent to which data-driven decision making is possible in an organisation is largely dependent on the maturity of that organisation’s data environments. The level of maturity differs from one organisation to the next. This journey can be illustrated as follows.
This has served IFS extremely well, since we are a shareholder in a cell captive. Our Advisory team acts as key man for FSP’s, ensuring that compliance is adhered to without impacting operations.
Our Advisory division has enabled several companies to set themselves up for future success by providing assistance in structuring their cell captives.
New product development, actuarial modelling and pricing of insurance products
Building efficient and effective data pipelines, regardless of the original data source and format
Building efficient and effective data pipelines, regardless of the original data source and format
Building efficient and effective data pipelines, regardless of the original data source and format
Data visualisation using a variety of off the shelf business intelligence software applications
Predictive modelling and the application of neural networks and artificial intelligence methodologies to a variety of business problems
The primary role of a cell captive is to insure the risk exposure of a company, fellow subsidiaries, and/or have the facility to roll out its own type of insurance product to its clients, customer base or the market. Rather than pay a premium to an insurance company to protect itself or its clients from exposure, it uses its own “captive” as a type of funding mechanism for potential future claims. It may be domiciled (located) onshore or offshore, depending on the needs of the owner of the cell captive.
In terms of the structure, the cell captive owner holds an equity participation in a specific class or type of insurance of an insurer. The cell captive owner is entitled to share in profits, have access to underwriting profits, and any investment income generated from premiums. By analysing the risk exposure, the “unacceptable” or high levels of risk exposures are transferred to a re-insurer(s) that incorporates effective safety and loss prevention measures.
IFS helps companies insure and manage their risk exposure with regard to cell captives. We are involved in multiple successful cell captive solutions, and are always on the lookout for further opportunities in new markets.
+27 12 663 8815
info@intenda.tech
183 Leonie Street, Trent Bridge Office Park, Block B Doringkloof, Centurion, South Africa
© 2023, Intenda Financial Services
