ACTOMATE
PERSONAL ACTUARIAL CONSULTATION
A private 45-minute consultation designed for individuals seeking expert actuarial, insurance, risk management, career, or business advice. Receive practical insights, clear answers, and tailored recommendations to help you make more informed decisions with confidence.
Traditionally, actuaries are hired by businesses such as insurance companies and other large corporations to support business objectives. Increasingly, actuaries are being engaged by individual clients to help them in various individual specific needs that requires actuarial expertise. A personal actuary works on behalf of specific individuals and therefore has their personal best interests in mind.
A personal actuary helps individual in personal risk management and personal financial planning. The scope of work is highly customised depending on individual requirements. Examples include reviewing insurance needs, insurance claims, career planning, family planning, retirement planning, estate planning, tax planning, investment planning, risk appetite, family governance, financial controlling matters and such. In most of these areas, individuals are expected to engage with the primary relevant experts in these fields such as lawyer, accountants, financial planners, investment managers etc. The personal actuary does not replace these experts but instead looks into all these matters from an actuarial angle and supplement with specific knowledge in long-term risks and uncertainties.
PRACTICE LEADER
Nicholas Yeo
FIA FASM FSA FSAS FSAT
创办人兼精算师
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.
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.
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.