Rice Warner regularly carries out benchmarking of insurance product features and pricing utilising Rice Warner’s Group and Retail insurance database containing over 200 products. Our tailored reports and workshops allow unique insight to the insurer’s products’ market competitiveness.
Tailored Guidance and Advice
Servicing group, retail and reinsurance providers.
Rice Warner has built a reputation for providing fact-based guidance to superannuation industry participants backed by informed opinion and thought leadership. Our unique insights, supported by our rich databases and research, help clients develop effective commercial and operational strategies.
Rice Warner is at the forefront of the constantly evolving policy landscape for superannuation and life insurance.
Our close relationship with Government (including Treasury and the Productivity Commission) allows us to help our clients build credible, evidence-based submissions to help lobby for policy change, develop sound business strategies in the context of the policy change, or model the impact of policies on the market, businesses and customers.
Rice Warner provides market leading decision support and advice tools to the Australian financial services market. We provide consulting services, modelling capabilities and development work on advice tools and calculators throughout the industry.
Our capabilities and tools cover the following markets:
- Superannuation and Retirement
- Life Insurance
- Savings, Debt and Budgeting
Modelled and regularly maintained by our actuaries, PHOEBE has an API that provides access to a wide range of complex mathematical functions and services. It solves common challenges faced by our clients across the financial services industry. The functions provide actuarially certified, compliant and accurate calculations across the full spectrum of financial advice for members or customers.
The PHOEBE API has been implemented for a range of clients, including banks, insurers, superannuation funds, financial planning groups, wealth management organisations and industry bodies.
PHOEBE provides clients with peace of mind that, by using a centralised source of calculations, they will always provide their members and customers with up-to-date, consistent, compliant and accurate information.
Our experience in the provision of financial tools, calculators and advice software provides us with the ability to offer our clients with peace of mind that their tools are:
- compliant with regulatory requirements.
Our actuarial accreditation service includes formal testing and actuarial sign off for financial tools & calculators and in-house spreadsheets or models.
Rice Warner has developed a strong FinTech consulting capability, acquired over many years and many implementations in the financial advice arena.
Our FinTech Consulting Services include:
- Business and actuarial analysis, specification and software development on digital projects.
- Rice Warner system accreditation – actuarial testing and sign-off of digital solutions.
- System reviews and benchmarking (administration, financial planning, digital advice tools, loan calculators etc.)
- Consultation on projects to assist in the design of the advice workflows supporting goals-based advice.
- Cloud migration consultation and delivery services for assistance with planning and uplifting services and data storage to the cloud.
Contact our team today to learn more about how Rice Warner can help.