Name

Azenes AG

Legal name

Azenes AG

Website

https://azenes.ch

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Actuarial Consulting

NAICS

Management Consulting Services (54161), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Enterprise Risk Management (ERM) Advisory (BPAHAFAA)

Keywords

• Actuarial consulting services
• Insurance risk management
• Solvency modeling
• Insurance product development
• Insurance data analytics

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Actuarial Consulting Services: Project-based and retainer consulting engagements providing actuarial expertise to insurance companies in non-life, health, and accident insurance. Services include appointed actuary roles, risk modeling, reserving, pricing, and regulatory compliance support.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Azenes AG is a Swiss boutique actuarial consultancy that delivers bespoke actuarial services to insurance companies in non-life, accident and health insurance across Switzerland and Liechtenstein. Its core offerings span four service areas: actuarial consulting (appointed actuary roles, pricing, valuation, reserving, risk analysis), risk and regulation (solvency modelling under SST, KVG, Solvency II, ORSA, internal model validation, reinsurance evaluation), product development (insurance product, portfolio and process design in line with VVG, KVG, UVG), and data and analytics (predictive modelling and deep learning for performance analysis and business transformation).

Product overview

Azenes AG is a boutique actuarial consultancy offering bespoke consulting services for non-life, accident, and health insurance companies. The firm provides integrated actuarial services organized around four core offerings: Actuarial Consulting Services (appointed actuary, business plans, pricing, valuation, risk analysis), Risk and Regulation Services (solvency modelling, internal models, reinsurance optimization), Product Development Services (insurance product design, portfolio management), and Data and Analytics Services (predictive analytics, deep learning). Supporting these core services are proprietary tools including the Versicherer Dashboard, Mehrleistungen Dashboard, and Validation Cube for Solvency Models. The company also shares expertise through publications, position papers, and events on topics ranging from data science to regulatory matters.

Differentiator

Problem solved

Functional benefit

Products and services

• Actuarial Consulting Services Expert actuarial consulting including appointed actuary services, business plans, actuarial practice (pricing, valuation, risk analysis), and statutory reporting for non-life, accident, and health insurers in Switzerland and Liechtenstein.
• Risk and Regulation Services Offers solvency modelling (SST, KVG, Solvency II, ORSA), internal model implementation, review and validation, reinsurance evaluation and optimisation, and regulatory support for new business start-ups, run-offs, mergers and acquisitions.
• Product Development Services Advises on the development and market launch of insurance products, portfolios and processes, including market and needs analysis, product design, regulatory compliance (VVG, KVG, UVG), risk transfer, and internal underwriting practices.
• Data and Analytics Services Conducts data analytics projects using traditional and modern data analytics and deep learning models for performance analysis, prediction, backtesting, and business transformation in insurance.
• Versicherer Dashboard Customisable dashboard tool for insurance company monitoring and reporting of performance metrics.
• Mehrleistungen Dashboard Customisable dashboard tool for analysing additional benefits (Mehrleistungen) in Swiss health insurance.
• Validation Cube for Solvency Models Proprietary validation framework for internal solvency models, particularly for Solvency II compliance, emphasising accuracy and precision.

Quantifiable outcome

• Validation Cube methodology for solvency model validation
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature4 records

Partnerships

One partnership is on record.

• Volada AGcoreOthersAffiliate company under Siolag Holding AG umbrella. Volada AG markets software for insurance companies. Both companies operate under the same holding structure with shared ownership.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Aon: Global insurance and reinsurance broker with an actuarial consulting practice; competes for the same Swiss insurance risk and regulation mandates and can bundle brokerage services that Azenes cannot.
• Willis Towers Watson (WTW): Major global advisory firm offering actuarial, risk and insurance consulting; competes with Azenes for appointed-actuary, Solvency II/SST and risk modeling work at Swiss and Liechtenstein insurers.
• Milliman: Global independent actuarial consulting firm with a strong Swiss presence; directly competes with Azenes for non-life, accident and health actuarial mandates including solvency modeling, pricing and reserving for Swiss insurers.

Emerging players

• Baringa Partners: Independent consulting firm with an insurance and risk practice focused on energy, financial services and insurance; a more niche/emerging competitor than the Big 4 but with similar capabilities in risk and regulatory advisory.

Broad incumbents

• EY (Insurance and Actuarial Advisory): Big 4 firm offering actuarial, risk and insurance transformation services in Switzerland; a broad incumbent competing with Azenes for mid-sized insurer mandates.
• PwC (Actuarial Services): Big 4 actuarial and insurance practice active in Switzerland; competes for regulatory, solvency and risk transformation mandates that overlap with Azenes' core offerings.
• KPMG (Actuarial Services): Big 4 actuarial practice serving Swiss insurers on solvency, regulatory reporting and risk; competes head-to-head for the same actuarial and regulatory consulting mandates.
• Deloitte (Actuarial & Insurance Solutions): Big 4 firm with a sizeable actuarial and insurance risk consulting practice in Switzerland; competes for Solvency II/SST, IFRS 17 and broader transformation work alongside Azenes' niche mandates.
• Oliver Wyman: Global management consulting firm with a deep insurance and actuarial practice; competes for the same strategic and risk advisory mandates at large Swiss insurers but typically at greater scale and broader scope.

Others

• Volada AG: Sister company under Siolag Holding AG that markets software for insurance companies; not a competitor but a strategic affiliate whose product capabilities could complement or substitute for parts of Azenes' service offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/azenes-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Azenes AG