WNS and ARM Join Forces to Offer End-to-End Actuarial Services
WNS (Holdings) Limited (NYSE: WNS) has announced a strategic partnership with Actuarial Risk Management, Ltd. (ARM), enhancing its Business Process Management (BPM) solutions. This collaboration allows ARM to provide WNS’ offshore actuarial services and end-to-end insurance capabilities, leveraging ARM’s team of 250 credentialed actuaries. The partnership aims to help insurers improve scalability and respond to evolving market conditions, addressing challenges such as rising risks and regulation.
- Partnership with ARM enhances WNS' actuarial service offerings and end-to-end insurance capabilities.
- Collaboration aims to help insurers scale operations faster and respond to market changes.
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“We are excited to join forces with ARM. Our industry-leading, end-to-end capabilities in the insurance industry combined with ARM’s onshore and near-shore actuarial resources will help insurers scale faster and respond to changing market conditions. Furthermore, in a market characterized by rising risk factors, regulation, and actuarial labor challenges, this partnership will enable insurers to access cost-effective and differentiated end-to-end insurance operations solutions,” said
"With WNS, we gain a partner that collaborates with global insurers to accelerate their digital transformation journey. ARM’s experienced onshore and near-shore insurance actuaries, coupled with WNS’ actuarial services will raise the bar on the transformation model that we deliver to our clients. From IFRS 17 and US GAAP LDTI project demands to staff shortfalls with recurring reporting and capital requirements, this alliance opens the possibilities for many over-strained and under-resourced insurers,” said
WNS’ 600+ Actuarial professionals seamlessly collaborate with clients’ staff actuaries across Life & Annuities and Property & Casualty insurance businesses. WNS’ actuarial key service offerings include finance and model modernizations, valuation and financial reporting, product development / management, and reinsurance. Additionally, WNS has over 450 data specialists that partner with our internal and external actuarial teams for data engineering, architecture, transformation, and reporting. Working with clients across
About ARM
A well-positioned global provider of actuarial services, Actuarial Risk Management (ARM) uses an innovative strategy to provide the strategic advisory services delivered by its global staff of more than 250 credentialed actuaries. ARM is founded on a business model that delivers better advise without excessive fees, and routinely combines actuarial and non-actuarial approaches to enhance stakeholder objectives. ARM delivers a comprehensive actuarial services menu to a world-wide insurance client base. ARM is an independent
About WNS
For more information, visit www.wns.com or follow us on Facebook, Twitter, LinkedIn, and Instagram.
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This document includes information which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events. Factors that could cause actual results to differ materially from those expressed or implied are discussed in our most recent Form 20-F and other filings with the
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CONTACT- WNS
Investors:
EVP–Finance & Head of Investor Relations
+1 (646) 908-2615
david.mackey@wns.com
Media:
Global Head –
+91 (22) 4095 2397
archana.raghuram@wns.com ; pr@wns.com
CONTACT - ARM
Media:
Chief of Staff & Senior Consulting Actuary
+1 (512) 345-5200
maltschull@actrisk.com
Source:
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