NexGen Solutions Logo
Data Science · ML Consultancy
← Back to Consultancy
Sector
Insurance & Actuarial

ML-assisted actuarial work for GCC insurers.

Consulting with Milliman and Taha Actuaries on medical pricing, reserving, and electronic audit. Advanced GLM methods, change-point detection on cost series, ARIMA trend work, and predictive pricing — actuarial craft with modern ML where it genuinely helps.

Client
Organisation
Milliman · Taha Actuaries
Engagement Type
Actuarial & ML Consultancy
At a glance
GCC
Regional scope
GLM
Core reserving methodology
IBNR
Projected with ML-assisted methods
C-level
Audience for strategic output
Data Preparation

Consolidating internal claims databases into a consistent actuarial data mart. High fidelity is a precondition for everything downstream — pricing, reserving, treaty work.

Pricing Models

Generalised linear models for technical pricing and pure premium estimation across health lines. Validation and back-testing alongside traditional actuarial frameworks.

Reserving & Trending

Chain Ladder and Bornhuetter-Ferguson coupled with ML-assisted trend detection. IBNR projections with explicit uncertainty reporting.

Audits & Control

Automated rule-based and ML anomaly detection to identify irregular claims and reduce fraud exposure.

Strategic Impact

Board-level intelligence on tariff negotiations, stop-loss treaties, and reinsurance optimisation strategies.

Capabilities
  • Advanced GLM methods for reserving
  • Change-point detection on cost series
  • ARIMA trend modelling
  • Predictive pricing for health insurance
  • Electronic audit of claims for irregularities
  • Reinsurance and treaty structuring support
Next step

Need this capability in your organisation? Let's talk.