WHAT WE OFFER

WHAT WE OFFER

Our independent actuarial approach to benefits design aims to assist employers structure every aspect of their employee benefits value proposition. We utilise data to design, implement and monitor the efficacy of our client EBVP.

This strategic delivery, married with our geographic footprint and investment in fintech, means we are able to design and implement scalable solutions to any size employer and monitor the performance of the arrangements.

A key differentiator in ASI’s Advisory Platform is that we integrate the retirement fund, risk benefits, medical scheme and wellness offering a single management platform to over 800 000 beneficiaries.

The expertise and diverse capabilities of the ASI team ensure that we deliver consistently while offering unique, innovative solutions, with a clear business focus unlocking value for our clients and their employees.

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OUR SERVICES

Healthcare Advisory

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We offer a range of tailor-made independent advisory services that address the medical scheme, health and wellness needs of our clients. Our approach to the health and wellbeing of companies is simple – we strive to provide practical and highly effective solutions that complement our clients’ prerequisites and our business.

Our healthcare advisory solutions include:

  • Medical scheme advice
  • Industry and legislative updates
  • Market analysis
  • Absenteeism and Productivity loss analysis
  • Wellness management programmes
  • Employee Assistance and Employee Wellness Programmes
  • Health Insurance – eg GAP cover
  • HIV/AIDS management programmes
  • Expatriation cover and international travel cover
  • Occupational health and primary care
  • Feasibility assessments for onsite gyms and onsite clinics
  • Post Retirement Medical Aid Liability valuations

Retirement Fund Advisory

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We offer unbiased and expert advice on all aspects of retirement funding planning for the employer, trustees/management committee and existing members of retirement funds. As the world changes, planning for the future is paramount. This is why we provide ongoing financial advice on benefit structures that are tailored to the needs of the members, including a full demographic and risk analysis of the membership, and the suitability of the benefit design.

Our retirement fund advisory services include the following:

  • Benefit design and implementation
  • Strategic advice on fund structure
  • Administrative services
  • Service provider Service Level Agreement implementation
  • Service provider compliance monitoring
  • Independent service provider reviews
  • Actuarial analysis
  • Investment Policy Statement Review and Design
  • Risk benefit reviews
  • Member communication strategy design and implementation
  • Secretarial services
  • Rule amendments
  • Industry reviews
  • Legislative, compliance and governance requirements
  • Investment benchmarking and appropriateness mapping
  • Annual sustainability review of funds
  • Trustee management and education
  • Sec13B administrator reviews
  • Asset manager assessment
  • Replacement ratio calculations
  • Surplus apportionment valuations
  • Market reviews

Retirement Fund Advisory

retirement-fund

We offer unbiased and expert advice on all aspects of retirement funding planning for the employer, trustees/management committee and existing members of retirement funds. As the world changes, planning for the future is paramount. This is why we provide ongoing financial advice on benefit structures that are tailored to the needs of the members, including a full demographic and risk analysis of the membership, and the suitability of the benefit design.

Our retirement fund advisory services include the following:

  • Benefit design and implementation
  • Strategic advice on fund structure
  • Administrative services
  • Service provider Service Level Agreement implementation
  • Service provider compliance monitoring
  • Independent service provider reviews
  • Actuarial analysis
  • Investment Policy Statement Review and Design
  • Risk benefit reviews
  • Member communication strategy design and implementation
  • Secretarial services
  • Rule amendments
  • Industry reviews
  • Legislative, compliance and governance requirements
  • Investment benchmarking and appropriateness mapping
  • Annual sustainability review of funds
  • Trustee management and education
  • Sec13B administrator reviews
  • Asset manager assessment
  • Replacement ratio calculations
  • Surplus apportionment valuations
  • Market reviews

Short-term Advisory

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As a trusted independent advisor, our highly trained risk consultants ensure that our clients’ commercial and personal insurance needs are comprehensively met. This is rooted in our proactive approach of offering personalised and cost-effective solutions.

Our services include:

  • Policy review and recommendations
  • Risk assessments
  • Commercial and business insurance for Large Business
  • Personal lines insurance
  • Transportation insurance
  • Healthcare Insurance
  • Accident and disability Insurance
  • Expat and Travel Insurance
  • Commercial and business insurance for SME’s
  • Proactive portfolio management
  • Property Insurance
  • Assistance with claims
  • Liability insurance
  • Economies of scale through provider network
  • Industrial and Manufacturing

Group Risk Advisory

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Group Risk Benefits are designed to protect and insure employees and their families in the event of long-term illness or death, while working for an organisation. Alongside a Pension/Provident Fund, Group Risk benefits including Life Insurance, Income Protection and Dread Disease cover are the backbone of the overall employee benefits package. ASI adopts client centric strategies to address a client’s risk profile and needs.

We assist employers with the structuring of the following benefits:

  • Benefit design and implementation
  • Funeral benefits
  • Group Life cover
  • Income protection
  • Disability and Dread Disease cover
  • Beneficiary/spouse pension
  • Credit Guarantee Cover
  • Temporary disability cover

Group Risk Advisory

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Group Risk Benefits are designed to protect and insure employees and their families in the event of long-term illness or death, while working for an organisation. Alongside a Pension/Provident Fund, Group Risk benefits including Life Insurance, Income Protection and Dread Disease cover are the backbone of the overall employee benefits package. ASI adopts client centric strategies to address a client’s risk profile and needs.

We assist employers with the structuring of the following benefits:

  • Benefit design and implementation
  • Funeral benefits
  • Group Life cover
  • Income protection
  • Disability and Dread Disease cover
  • Beneficiary/spouse pension
  • Credit Guarantee Cover
  • Temporary disability cover

Actuarial Advisory

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From liability reduction, scheme reviews to benefit richness modelling, we are able to offer our clients a range of specialist and innovative employee benefit, risk and healthcare actuarial advisory services.

Our services include:

  • Independent retirement and group risk reviews
  • Post-retirement liability valuation (IAS19 and ASC715/FAS106)
  • Funding assessments
  • Liability reduction
  • Liability outsourcing/buyout strategies
  • Scheme reviews
  • Benefit richness modelling
  • Restricted medical scheme feasibility assessments
  • Medical scheme amalgamations and liquidation assessments
  • Long service award valuations (IAS19)
  • Governance and compliance audits
  • Defined benefit fund liability valuations
  • Funding requirement valuations
  • Liability outsourcing/buyout strategies
  • Investment analysis (Regulation 28)

Wellness Advisory

wellness

Designing a Corporate Wellness Programme is the key objective of ASI’s Healthcare Business Integrator. The most crucial step of designing a holistic corporate wellness offering involves gaining an intimate understanding of the unique demographics and business goals of our clients. By working with employers, ASI is able to holistically assess what health and wellness service interventions are required to deliver an improved Employee Value Proposition (‘EVP’).

Our consulting approach comprises of obtaining an understanding of each provider/intervention which currently forms part of the client’s existing EVP. This assessment includes but is not limited to the following:

  • Designing a wellness strategy
  • Driving wellness interventions
  • The objective for which each intervention was introduced to achieve
  • Health and Wellness outcomes and efficacy of each intervention
  • The Wellness ROI which each intervention has achieved
  • Obtaining a clinical understanding of the duplication of services on offer
  • An actuarial assessment of where occupational health, disease management and managed-care providers would be able to work in cohesion

Wellness Advisory

wellness

Designing a Corporate Wellness Programme is the key objective of ASI’s Healthcare Business Integrator. The most crucial step of designing a holistic corporate wellness offering involves gaining an intimate understanding of the unique demographics and business goals of our clients. By working with employers, ASI is able to holistically assess what health and wellness service interventions are required to deliver an improved Employee Value Proposition (‘EVP’).

Our consulting approach comprises of obtaining an understanding of each provider/intervention which currently forms part of the client’s existing EVP. This assessment includes but is not limited to the following:

  • Designing a wellness strategy
  • Driving wellness interventions
  • The objective for which each intervention was introduced to achieve
  • Health and Wellness outcomes and efficacy of each intervention
  • The Wellness ROI which each intervention has achieved
  • Obtaining a clinical understanding of the duplication of services on offer
  • An actuarial assessment of where occupational health, disease management and managed-care providers would be able to work in cohesion