Health Insurance is a vital aspect of healthcare, as it allows people to access the medical attention they need without financial worries. Over the years, health insurance has evolved, with new trends emerging that are transforming the way providers deliver care to their customers. From the adoption of telemedicine to the rise of consumer-driven health...

According to a 2019 global poll, 72 percent of insurance businesses believe climate change would have an impact on their business, but 80 percent have not taken major actions to mitigate climate risks. Furthermore, insurance companies invest the money they collect in the financial markets. They have $582 billion invested in fossil fuels, which may...

Climate change affects living creatures across the world in many ways, including excessive rainfall, violent storms, drought, wildfire, and so on. The calamities, ups, and downs also have an influence on insurance firms internationally, since disasters are becoming more frequent and costlier, making the industry more vulnerable, even though opportunities abound. Furthermore, disasters are becoming...

At SHMA Consulting, a strong emphasis is placed on professional growth and continuous learning. The company recognizes that the success of its employees is integral to the overall success of the organization. With a well-defined career progression framework and a commitment to supporting employees in achieving their professional goals, SHMA Consulting offers a clear growth...

The role of women in the workforce is of paramount importance in building a diverse and inclusive society. Recognizing the value of women’s contributions, organizations worldwide are increasingly prioritizing the well-being of their employees and implementing policies that support women’s needs, including maternity leaves and flexible work arrangements. SHMA Consulting is at the forefront of...

Artificial Intelligence (AI) has emerged as a transformative force across various industries, and the actuarial field is no exception. With advancements in machine learning algorithms and data analytics capabilities, AI has the potential to revolutionize actuarial processes and enhance decision-making. However, concerns about the displacement of human actuaries by AI are also being raised. In...

At SHMA Consulting, we are excited to announce the launch of the DiiA program. DiiA stands for Data, Intelligence, Innovation, and Analytics, and is an initiative that aims to enhance the data analytics capacity of all staff members by developing the right tools, processes, and ecosystem. This will allow us to bring more efficiency, intelligence,...

Embarking on a career as an actuary can be both exciting and challenging. The unique opportunities and demands of this profession require individuals to possess a specific skillset and a strong educational foundation. At SHMA Consulting, we understand the importance of providing aspiring actuaries with the necessary guidance and support to excel in their careers....

The scorching sun welcomed the SHMA team as they arrived at the beach hut for the highly anticipated annual picnic. The heat was heavy, and the excitement in the air was palpable. People were bubbling with anticipation, eager to enjoy a day of relaxation, camaraderie, and delicious food. Refreshing cool water and delicious food throughout...

Women’s Day is a special occasion that allows us to recognize and honor the incredible achievements of women in various fields. SHMA Consulting, a leading organization dedicated to promoting diversity and empowerment, is proud to have hosted an extraordinary celebration for Women’s Day on the 8th of March, 2023. This event promised to be an...