Products

Our expert team provides support and input across a full range of actuarial and risk management consultancy services.

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Why Hymans?

Our product and pricing specialists work across the full spectrum of the product development lifecycle, so our clients can focus on delivering good customer outcomes.

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How we can help

People need products: our clients’ priorities are to make their products both attractive and fair for their customers. We know how to make new products work in a tough regulatory environment and love working with our clients to conceive, develop and launch new retirement, savings and protection products.

Customer needs, and the insurance landscape, are ever-changing – what looks like the right thing today isn’t always the right thing for tomorrow. It’s also important to make products capital efficient to meet long-term profitability, sometimes through appropriate reinsurance arrangements.

We also work with clients to keep existing products appropriate in an evolving regulatory environment, with expertise across protection, unit-linked, with-profits and at retirement business.

Our services include:

  • market research and product strategy
  • product design and pricing support
  • consumer duty-related reviews
  • back book reviews, including the wider conduct risk agenda
  • reviewing new business illustrations
  • remediation calculations
  • sustainability disclosure requirements and greenwashing assessments
We really value Hymans Robertson’s depth of experience across both retail and workplace. We’re a global firm so it’s really important they can support us outside the UK through their affiliate group – that reach is vital to us.
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Andrew Marker Vanguard Asset Services
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With-profits market developments - a consumer perspective

Our latest consumer research found that when asked to select the top three product features they value, participants most commonly chose guarantees, potential for long-term growth and smoothed returns.

Could we see a resurgence in with-profits product features and what opportunities are there for insurers to apply these in new ways?

Read more

 

The Decumulation Market: Opportunities for Providers

Read our insights into the decumulation market against the current pensions landscape.

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Contact our team today to learn how we can help your business make better risk and people decisions.

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