Insurance

With VELA's expertise, insurers can confidently navigate the complexities of the insurance industry and make informed decisions that drive growth and profitability.

Health

Whether analysing the economic impact of healthcare reforms or assessing the risks associated with new medical technologies, VELA's expertise ensures that healthcare organisations can make informed decisions that enhance patient care and financial sustainability.

Pensions

Whether it's assessing the economic impact of demographic changes or evaluating the risks associated with different investment options, VELA's expertise ensures that pension funds can make informed decisions that enhance the financial security of their members.

Services

Actuarial Consulting

Actuarial reserves

Captives and alternative markets

IFRS 17

Reinsurance Contract Auditing

Actuarial Consulting

At VELA, we understand the pulse of Latin America’s dynamic industries. We know that the landscape is constantly evolving from insurance to finance, banking to pensions, and everything in between. Regulations, methodologies, risks, and disruptive industries are constantly in flux.

That’s why we’re here. We’re not just another consultancy firm. We’re your strategic partner, your guide through the complexities of the Latin American market. Our team of experts specialises in actuarial analysis and legal consultation, ensuring you’re not just keeping up with the changes but staying ahead of the curve.

Our bespoke solutions are tailored to your unique needs. Whether you’re an individual looking to navigate the intricacies of insurance or a company seeking to optimise your risk transfer and analysis strategies, we’ve got you covered.

Actuarial reserves

At VELA, we understand the critical role of actuarial reserves. Whether it’s reviewing existing reserves or determining when to establish new ones, we’re here to help. Our expertise ensures that your reserves are adequate and optimised, providing the foundation for a secure and thriving insurance business.

Captives and alternative markets

At VELA, we understand the unique challenges faced by captive insurers. That’s why we offer specialised services to help you analyse risks, determine values for the constitution, and assess claims reported.

Whether you’re considering the constitution of a captive insurer or need to analyse an existing one, we’re here to help. Our detailed studies are tailored to your needs, ensuring you have the information you need to make informed decisions.

IFRS 17

In VELA we know of the constant changes in the reporting of financial information, mainly in financial institutions; likewise, its connection with Solvency II and the new capital requirements that apply in Colombia and the world.

In accordance with the foregoing, in VELA we can provide the appropriate advice to review the financial statements or issue documents that conform to them, either to render reports or submit data to the entities that request them.

Reinsurance Contract Auditing

Vela conducts a meticulous actuarial examination of the risk transferred to reinsurance by the insurer and the policyholder. This thorough review is designed to maintain a nuanced understanding of claims and provide enhanced and comprehensive information to the parties on the periodicity agreed upon. The insights gained from this actuarial analysis are particularly valuable during policy renewals or modifications, empowering informed decision-making for all parties involved.

At VELA, we take the guesswork out of reinsurance. Our meticulous actuarial examinations delve deep into the risks transferred by insurers and policyholders, ensuring a nuanced understanding of claims and providing comprehensive insights during the term of the reinsurance contract.

Our thorough reviews aren’t just about maintaining clarity; they’re about empowering the reinsurer or the cedent with the information needed to make informed decisions. Whether it’s policy renewals or modifications, our actuarial analysis gives you the edge, ensuring that data-driven insights back every move you make.