Business Details
Insurance Consulting & Actuarial Services CEE
JMD Consulting has been a trusted partner in the insurance industry for over a decade, specializing in strategic consulting and actuarial services. We help insurance companies navigate complex regulatory changes, implement cutting-edge technologies, and develop innovative products tailored to evolving market demands. Our expertise spans IFRS 17 compliance, IDD directive implementations, and Solvency II support, ensuring clients maintain competitive advantage.With a focus on Central and Eastern European markets, we deliver customized solutions that combine deep industry experience with forward-thinking methodologies. Our proprietary software tools enhance efficiency in actuarial calculations and risk management. We pride ourselves on providing accessible expertise to mid-sized insurers through cost-effective, tailored approaches that drive profitability and operational excellence.
Services
Actuarial Services
IFRS 17 Compliance
IDD Implementations
Product Development
Solvency II Support
Software Solutions
Mergers & Acquisitions
Strategic Planning
Employee Benefits Valuation
Risk Management
Highlights and features
- We offer 10+ years of CEE market expertise
- We provide tailored solutions for mid-sized insurers
- We develop proprietary actuarial software tools
- We specialize in IFRS 17 and IDD compliance
- We combine industry experience with innovative technology
Services
Actuarial Services
We provide comprehensive actuarial solutions including valuations, projections, and embedded value calculations. Our expertise covers mortality investigations, pricing models, and capital projections. With tailored training programs, we help insurers maintain technical excellence in evolving regulatory environments.
IFRS 17 Compliance
Our team specializes in implementing the IFRS 17 insurance model for seamless accounting transitions. We ensure timely compliance through customized solutions that address specific business needs while maintaining alignment with current industry standards and practices.
IDD Implementations
We assist with full IDD directive implementation including KID generation, POG frameworks, and suitability testing. Our solutions ensure compliance with evolving EU insurance regulations while maintaining operational efficiency in product development and distribution.
Software Solutions
We develop specialized software including SCR Calc for Solvency II calculations and EB|Calc for employee benefits. These tools enhance actuarial efficiency and accuracy while providing scalable solutions for mid-sized insurance operations.
Strategic Planning
We help insurers navigate industry changes through strategic repositioning, product portfolio optimization, and capital structure management. Our approach combines market insights with technical expertise to create sustainable growth strategies in competitive environments.
People
Dr. Darko Medved
Founder
Actuarial expert with 10+ years' experience in insurance consulting, specializing in regulatory compliance and strategic solutions for European insurers.
Questions
What insurance consulting services do you offer?
We provide actuarial services, regulatory compliance solutions, product development, strategic planning, and software tools for insurance companies.
Which regions do you serve?
We primarily serve insurance companies in Central and Eastern Europe and across the European Union.
How do you help with IFRS 17 compliance?
We deliver tailored implementations of the IFRS 17 insurance model, ensuring timely compliance with new accounting standards.
What makes your consultancy different?
Our combination of regional expertise, proprietary software tools, and focus on mid-sized insurers creates unique value for clients.
Do you offer software solutions?
Yes, we develop specialized tools like SCR Calc and EB|Calc for actuarial calculations and risk management.
