ACTOMATE
PALAU
Actomate is a leading actuarial and technology firm providing services in Palau. Our value proposition is to make our clients more successful by delivering high quality work in the areas of analytics, modelling, pricing, reporting and strategy. We provide consulting, outsourcing, resourcing, training and technology solutions to our clients.
We have very strong and competent team of actuarial consultants, with experience in senior positions across all functions in insurance including general management, marketing, risk management, internal audit, internal controls and governance, corporate finance, actuarial, employee benefits, product pricing and strategy. Our client segments include life insurance companies, general insurance companies, reinsurance companies, captive insurance companies, family takaful operators, general takaful operators, retakaful operators, captive takaful operators, employers offering long term employee benefits as well as other companies including multinational enterprises, local small and medium enterprises, government bodies as well as non-government and non-profit organisations.
Contact us today to arrange a complimentary consultation to explore how Actomate can support your organisation to achieve your business objectives.
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Get key insights by analysing data and creating actuarial models to identify risks and opportunities.
Improve infrastructure by developing and maintaining financial statistical models to support actuarial reporting.
Increase sales by performing actuarial pricing and product development to support business growth.
Meet reporting requirements by developing, executing and automating highly efficient financial reporting processes, solutions and requirements.
Meet business objectives by developing strategic plans and financial projections to support business planning.
Advise clients by providing independent and professional actuarial opinion.
Work at clients' environment by providing actuarial resources to support.
Make clients more efficient by developing and implementing effective actuarial technology.
Help clients learn by conducting practical training toward intended learning outcomes.
Take over work from clients by performing end-to-end actuarial processes and procedures.
PRACTICE LEADER
Nicholas Yeo
FIA C. Act FASM FSA FSAS CIA FASHK
Nicholas founded Actomate in 2015, a leading actuarial firm in Asia. He is an actuary with exceptional business acumen and a global perspective. His clients and his organization benefit from his strong grasp of the strategic, operational, governance, and risk management aspects of the business.
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Nicholas has developed various technologies and software applications, including IBNR Robot, ReACC Robot, PET Robot, LRC Robot, LIC Robot, PAA Robot, and Sallesillus Robot. Nicholas also has significant experience in captive insurance, offshore insurance, robotic process automation, artificial intelligence, and data analytics.​
Nicholas has 20 years of experience in actuarial work, including life insurance, family takaful, general insurance, general takaful, employee benefits, pensions, social security, medical insurance, reinsurance, and Insurtech startups. Nicholas held appointed actuary and signing actuary roles in various jurisdictions across Asia.
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Nicholas is a Fellow of the Institute and Faculty of Actuaries (UK) and a Fellow of the Society of Actuaries (US). He is a past Council Member of the Society of Actuaries’ Entrepreneurial & Innovation Section. He is also a past Chairperson of the Professional Development Committee and Events Committee of the Actuarial Society of Malaysia. Nicholas graduated from Bayes Business School with First Class Honours in BSc Actuarial Science. He is also a Certified Internal Auditor from The Institute of Internal Auditors.​
Founder & Actuary