Forvis Mazars

Firm type

Partnership

Region

East England, South England, Scotland, International

Type of advice

Capital projects / Risk management, General insurance, Health, Investment, Life assurance, Reinsurance

About Forvis Mazars

About us

Forvis Mazars is a leading global professional services network operating under a single brand with two members: Forvis Mazars, LLP in the United States and Forvis Mazars Group SC, an internationally integrated partnership active in over 100 countries and territories. In the UK, our teams operate across 14 offices, supported by more than 40,000 professionals worldwide.

With a legacy of working with the insurance industry for over 120 years, Forvis Mazars is a natural extension of both firms’ heritage. We are committed to providing a different perspective and an unrivalled client experience that feels right, personal, and natural. Our two-member structure allows us to act quickly and deliver consistent, agile audit, tax, and advisory services globally.

We draw on deep industry knowledge and specialist expertise to deliver tailored solutions. Together, our 40,000+ professionals are equipped to support organisations of all sizes, both locally and globally.

About our actuarial team

We serve regional, national and international organisations of all sizes. Our actuarial team provides end-to-end support across reserving, pricing, capital modelling and model governance, and delivers practical support for reporting, regulatory change, analytics and transformation.

Core actuarial services

•    Reserving & opinions: External audit support, Statements of Actuarial Opinion (SAOs), reserve reviews, independent opinions.
•    Capital & risk: Capital quantification & optimisation (including Solvency II/UK), Internal Model Validation (IMV), ORSA and risk frameworks.
•    Pricing & reporting: Pricing support; regulatory reporting; IFRS 17 implementation.
•    Governance & oversight: Actuarial Function Holder; internal audit; risk function and risk management.
•    Analytics & transformation: Actuarial analytics and tools review/selection; actuarial and finance transformation.
•    Regulatory & transactions: Skilled Person (s166) reviews; Part VII transfers; expert-witness and forensics.
•    Climate: Climate-risk modelling and disclosure support.

Additional services relevant to actuarial work

•    Claims consulting: Reviews and model development across the claims lifecycle.
•    Quantitative solutions: Development/validation of Credit, Market and Counterparty Credit Risk (CCR) models; governance, benchmarking and independent validation; advanced data analysis to support decision-making.
•    Valuations: Independent valuations for financial reporting and to support transactional, regulatory and strategic decisions.
•    Data & automation / Technology advisory: Assess data, AI and automation initiatives; establish AI and data governance; align IT strategy with actuarial/finance processes.
•    Regulatory compliance: Governance frameworks, regulatory reviews (including s166) and remediation.

Insurance sectors we support

•    Life insurance
•    Non-life insurance
•    Reinsurers and captives
•    Lloyd’s market
•    Mutuals and friendly societies
•    Brokers and MGAs
 

Contact us

Partner, Insurance Risk Consulting – James.Isherwood@mazars.co.uk

Areas of expertise: Strategic optimisation across the insurance sector; target operating models, data platforms and governance frameworks; capital performance, IFRS 17 implementation, and improvements to finance/actuarial processes to enhance control, insight and efficiency.

Partner, Actuarial – Dorian.Hicks@mazars.co.uk

Areas of expertise: Large/complex audit support; Actuarial Function Holder; capital (model build/validation/approval), reserving and SAO; s166, Part VII, pricing, transformation.

Partner, Actuarial – Tom.Ashmore@mazars.co.uk

Areas of expertise: Reserving, claims consulting, Solvency II reporting, due diligence, actuarial audits; expert-witness support, including Part VII transfers.