RCL is an East African based consultancy providing actuarial, financial modelling and risk management advice to governments and governmental organizations, public and private pension scheme trustees and sponsors, (re)insurance companies, not-for-profit organizations, SMEs and large-scale corporations.
Founded in 2014, RCL has experienced substantial growth and recognition in Kenya and across other East African nations, while maintaining high standards of service and building a strong reputation in the region for its operations and client relations. RCL is a proud winner of the 2017 Fund Actuary of the Year Award presented at the Pension Awards Gala organised by the Institute of Pension Management (Kenya).
Our vision has been to not only build an easily recognizable and approachable brand in the Eastern Africa region, but also to be a market leader in innovation and research. Other than advising on traditional lines of business around pensions and (re)insurance, RCL has used those actuarial skills to advice on other diverse areas around financial modelling and risk management to enable our clients to better manage their business operations.
RCL has been a key player in the ongoing evolution of the pensions and (re)insurance market. For example, we have been actively engaged with clients looking to introduce innovative products such as post-retirement medical schemes. This product allows members to pre-fund for potential medical expenses after they retire. RCL has also introduced an online risk sharing platform for (re)insurance companies in East Africa to better manage their risks.
RCL is registered with the Retirement Benefits Authority (the “RBA”) in Kenya to advise employee benefits’ schemes. RCL is also registered with the Insurance Regulatory Authority (the “IRA”) to provide actuarial advice to (re)insurance companies.
Our Team at RCL comprises experts with vast experience who are immensely knowledgeable in their field and have the drive required to service the diverse needs of our clients across Eastern Africa. All our Consulting Actuaries and actuarial trainees are members of the Institute and Faculty of Actuaries (UK) (the “IFoA”).
RCL offices are located in Nairobi and Mombasa, Kenya.