Bayes Solutions
Bayes Actuarial Solutions is a consultancy firm offering actuarial, strategic and analytics consulting solutions in traditional and non-traditional segments.
Appointed Actuary
Qualified Actuaries with extensive experience and in-depth regulatory knowledge across the domains of Life, Health & General Insurance, for Insurance, Reinsurance and Captive Insurers.
IFRS17 Implementation
End-to-end IFRS17 Implementation by seasoned experts for Life, Health and General Insurance & Reinsurance, including software support tailored to your needs and budget.
Product & Pricing
Product Development and Pricing capabilities for the traditional Life, Health and General Insurance & Reinsurance segments, innovative InsurTech products, micro-insurance and more.
DITO Strategy Consulting
Support for application for the Digital Insurer & Takaful Operator (DITO) license, spanning product & pricing strategy, business plan development and overall strategy & risk management.
Captive Feasibility Study
Actuarial Analysis support for Captive Formation, analyzing experience, capital requirements, reinsurance strategy, and financial projections.
Capital Modelling & Strategy
Model Economic and Statutory Capital requirements, identifying the optimal approaches to grow your business.
Reinsurance Strategy & Optimization
Analyze the experience and projections of your in-force and new business blocks, identifying optimal reinsurance strategies to help with risk transfer and to scale your business profitably and sustainably.
Training & Education
Insurance and Actuarial training for your team members, by experts across various domains and niches. Bespoke training programs as per your needs and budget.
Actuarial Modernization
Modernization of your existing actuarial models and programs, improving efficiency, reliability and scalability.
Rating Advisory Services
Support the rating process for your (Re)-Insurance business, enabling you to attract investors, gain a competitive advantage, incentivize discipline, and improve information advantages.
InsurTech Strategies
Develop robust financial and scaling strategies for your InsurTech organization, supported by the deep expertise of Actuaries across various regions.
Healthcare Analytics and Optimization
Analyze and identify pathways to optimize and scale your Healthcare business, reducing costs and wastage, improving efficiency and ROI. Analyze and optimize provider networks.
Healthcare Fraud, Waste & Abuse (FWA) Analytics
Identify and address FWA systematically and efficiently, to improve cost-outcomes for customers and stakeholders.
Strategy Consulting
Utilize analytical approaches to identify opportunities, trends and scaling approaches for your healthcare business. Strategize optimal financing methods.
Business Analytics
Uncover key insights to improve business performance and decision-making utilizing data analytics tools and techniques.
Data Analytics
Leverage the strength of your data to uncover patterns, draw conclusions and make informed decisions using various techniques, tools and methodologies.
Training & Education
Upskill your team in essential and up-to-date data & business analytics methodologies, enabling your business to pivot to data-driven decision making.
Training
Our training programs empower organizations to integrate sustainable practices by equipping teams with essential knowledge and skills. From environmental management to compliance with global standards, we help businesses drive meaningful, lasting change.
Climate Risk Modelling
We provide advanced climate risk modelling to help businesses identify vulnerabilities and mitigate risks from climate change impacts like extreme weather and rising temperatures. These insights enable proactive decision-making, long-term resilience planning, and compliance with regulatory requirements.
Sustainability Disclosure & Reporting
We assist organizations in preparing sustainability reports aligned with frameworks like GRI and TCFD to ensure transparency and compliance. This service helps build trust with stakeholders by effectively communicating ESG performance.
Carbon Tax Credit
Our carbon tax credit services simplify navigating carbon pricing systems, helping businesses optimize offsets and reduce financial burdens. We guide organizations in leveraging tax credits to support emissions reduction goals.
Natural Catastrophe Modelling
Using advanced simulations, we assess the potential impact of natural disasters like floods, typhoons/cyclones, earthquakes, volcanic eruptions and others on your business operations. This service supports risk management strategies to enhance resilience against unforeseen events.
Predictive Analytics for Warranty Programs
Using predictive models, we forecast warranty costs, identify profitable segments, and optimize pricing strategies. This data-driven approach helps your business manage risks and maximize profitability effectively.
Extended Services Plan Consulting
Advise on pricing, reserving, and revenue recognition for extended warranties or service contracts to optimize profitability while managing underlying risks effectively.
Insurance/Reinsurance Strategy & Implementation
Leverage our domain & regional expertise to find suitable (re)-insurance strategies and partnerships and implement them accordingly.
Warranty Monitoring
Implement suitable data monitoring systems with the appropriate KPI measures.
Legal Outsourcing
Outsourced Legal advisory support for your day-to-day business needs.
Insurance & FinTech Legal Advisory
Strategic advise on legal matters concerning your Re-(Insurance) / FinTech business, including legal opinions.
Legal Audit, Due Diligence & Risk Assessment
This service provides a comprehensive evaluation of a company’s legal framework, contracts, and compliance to identify potential risks and liabilities. By conducting detailed audits and due diligence, we help businesses mitigate legal exposure, ensure regulatory adherence, and make informed decisions during transactions such as mergers, acquisitions, or restructuring.
Insights
What We Need Is Not Just an Insurance-Focused Solution
Article published in the Sin Chew Daily newspaper in February 2025.
Building a Talent Pipeline for Actuaries in Asia
Article published in the May 2024 edition of the Asia Insurance Review magazine.
InsurTech – What is it?
A buzzword in the insurance world for a few years now, InsurTech is an emerging area of interest. But what is it?
Let's talk and explore how our solutions can help your business thrive.
Reach out today and discover how Bayes can help you fulfil needs, address risks and develop strategies that will create real value and make the difference that your business require.