Oliver Wyman Expands P&C Actuarial Capability in Europe
Oliver Wyman Expands P&C Actuarial Capability in Europe
Oliver Wyman has strengthened its property and casualty (P&C) actuarial capability in Europe with the establishment of a London-based presence. To lead this initiative, Matthew Facey has joined the firm as a Partner.

Oliver Wyman Actuarial, a specialised business within the Oliver Wyman Group, offers a wide range of actuarial services to clients in the insurance, investment, healthcare, and corporate sectors. By combining actuarial expertise with management consulting services, Oliver Wyman is uniquely positioned to address the complex needs of its clients.

In his new role, Facey will be responsible for developing Oliver Wyman Actuarial’s European practice to meet the diverse needs of insurance carriers. This includes providing services in areas such as reserving, pricing, capital modeling, technology, business planning, actuarial and finance transformation, and transaction support.

With over 23 years of experience in the P&C and technology sectors, Facey brings a wealth of knowledge and expertise to Oliver Wyman. Prior to joining the firm, he held senior leadership positions at Willis Towers Watson, where he played a key role in driving growth in London and the Middle East.

Oliver Wyman’s expansion of its actuarial capabilities in Europe reflects the firm’s commitment to providing exceptional services to its clients and meeting the evolving needs of the insurance industry.

Facey said: “Having built a career dedicated to delivering exceptional value to clients in a rapidly changing business environment, I am delighted to join Oliver Wyman Actuarial to broaden our European offering and drive advancements in actuarial services. Our accomplished teams, in conjunction with Oliver Wyman’s insurance and asset management practice, creates a powerful platform for providing high-quality, independent advice that empowers clients to navigate challenges and creates an environment where their actuaries can truly excel.”

Dan Gibson, Global P&C Practice Leader, added: “Following last year’s successful launch of Oliver Wyman Actuarial’s UK practice, we are excited to welcome Matt to lead our European P&C capability. His extensive experience in the UK and European markets will be vital in strengthening our European actuarial practice and assisting clients in navigating a dynamic landscape and evolving regulatory requirements.”

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