Nascent Group, a Bermuda headquartered insurance management, ILS servicing and reinsurance transformer specialist, has expanded its actuarial servicing capabilities by making a strategic investment into Sephira Risk Solutions Ltd., an actuarial consultancy founded by former EY executive Andy Smyth.Smyth founded Sephira Risk Solutions earlier this year in Dublin, Ireland following a career at some of the world’s leading consultancies including Lane Clark & Peacock LLP, Deloitte and EY.Sephira Risk Solutions provides risk and actuarial advisory to insurers, reinsurers, investors and intermediaries globally, advising on reserving, capital and solvency, transactions and insurance-linked securities (ILS) valuations, actuarial transformation, regulatory change and risk modelling.Now, the Andre Perez run Nascent Group has made a strategic investment into Sephira, which meaningfully bolsters the firms actuarial expertise and servicing capabilities.

The investment creates a partnership between the two firms, enabling seamless delivery of actuarial services to Nascent clients, the company explained.Perez said that he sees the Sephira offering as a complementary addition to Nascent’s existing services, particularly for the insurance-linked securities market.“Actuarial advice is more critical than ever for insurers, particularly given the growing complexity and volatility of the global risk landscape,” Perez said.

“In the ILS market in particular, robust actuarial input is essential to provide valuation and loss reserve opinions.Andy is committed to state of the art technology in the delivery of Sephira’s services which is cohesive with Nascent’s vision.” Perez will take a seat on the Sephira Board of Directors, to provide strategic guidance on product and business development.Smyth commented, “With his background, broad knowledge of ILS and reinsurance, deep industry contacts and being known as an innovator, I am delighted to welcome Andre to the Sephira Board.

Becoming an affiliate of Nascent will give Sephira the opportunity to access more resources and accelerate the development of our solution set, particularly in the ILS space.I look forward to continuing to provide Sephira’s current and future clients with insights-driven advice that is clear, actionable and risk-aligned.” This investment into Sephira marks Nascent Group’s second strategic transaction to broaden its service offering to the reinsurance, captive and ILS sectors.In 2024, , a company that provided compliance advisory services to the insurance and fund markets.

The company said this second transaction marks the continuation of its “build-out of a turnkey, end-to-end platform—integrating compliance and governance with actuarial advisory and insurance management – to help clients navigate an evolving insurance landscape.”.All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.Our can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.