Lux Actuaries & Consultants Launches New Office in Kenya

The new office is the first to be set up in Africa and will serve as the base for operations in Sub-Saharan Africa.

Lux Actuaries & Consultants, an independent actuarial consultancy with offices in Abu Dhabi, Bahrain, Cyprus, Dubai, Greece, India, Saudi Arabia and Mexico is pleased to announce the opening of a new office in Nairobi, Kenya.

“Our existing offices in the UAE, Saudi Arabia, India, Greece and other countries are delighted about the opening of Lux Actuaries in Kenya,” said Ruan van Rensburg FIA FCAS, Executive Director at Lux Actuaries & Consultants. “This will extend our ability to service our clients to the highest standards possible, from IFRS to large pensions and social security schemes and banks. Lux Actuaries continues to set the bar in the regions it operates in.”

The new outfit in Kenya bears the official name Lux Actuaries and Consultants Limited (“Lux Kenya”). Lux Kenya intends to provide world class solutions to insurance, pensions and banking clients across Africa. In addition to fostering close working relationships with clients based on trust, integrity and professionalism, Lux Kenya will leverage its global network of experts to develop relevant and appropriate solutions. This is to enable clients to realise their potential in an ever-changing business environment.

Joseph Birundu FIA FeASK, Director at Lux Kenya added, “We are very excited to launch Lux Actuaries and Consultants Limited in Kenya. This marks a great milestone for Lux with its first office on the African continent. In order to provide world class services to our clients, we look to leverage our large local team of qualified actuaries backed by a deep global pool of technical resources and actuarial talent.

We believe that this combined with Lux’s excellent customer service, global brand image and strong stakeholder relationships will put us in the best position to effectively service the market on matters such as IFRS implementation, actuarial valuations, pricing, risk management, machine learning, among others.”

Lux Kenya looks forward to engaging with industry players in Africa to enable them to scale new heights by adding value to them. Further details can be found on the Lux Actuaries & Consultants website: www.luxactuaries.com.

05th May 2021, By Ernest Louw