Optima 2023: with Scott Collings and Andy Cohen

Finity Podcast

This episode is hosted by Finity’s Managing Director, Scott Collings and Director, Andy Cohen. Together, Scott and Andy reflect on the findings from Finity’s state of the market report - Optima, discussing FY23 General Insurance performance, as well as sharing in-house forecasts for FY24.

Scott Collings

Scott is a Principal and the Managing Director of Finity Consulting with over 30 years of experience in general insurance. He is a consulting actuary specialising in the financial and strategic management of General Insurance companies and Accident Compensation Schemes. Scott has been responsible for delivering actuarial advice across the spectrum of general insurance products with particular emphasis on reserving, pricing and capital management advice. His key focus areas include Appointed Actuary roles and leadership of Finity's Capital and Risk Management practice.

Andy Cohen

Andy Cohen is a Director and Principal of Finity and has over 30 years’ experience in the general insurance industry. He is or has been the Appointed Actuary to 14 insurance and reinsurance companies. Andy has extensive experience in a wide variety of insurance classes including workers’ compensation, public liability, lenders mortgage insurance, trade credit insurance, professional indemnity and reinsurance. He also provides advice on reserve levels, pricing, financial projections, capital management and reinsurance strategy.

Links

• Website | Finity.com.au
• LinkedIn | Finity Consulting
• Twitter | @Finity_au
• Facebook | Finity Consulting
• Instagram | @Finityconsulting

Time Stamps

• 01:16 - What was really driving the experts last year?
• 04:52 - Were there any classes in particular that did really well?
• 07:24 - What does FY24 looking like?
• 10:34 - What do you think can go wrong?