How the 'uber' of actuaries developed into a R35m/year reven

How the 'uber' of actuaries developed into a R35m/year revenue business


South African entrepreneur Adi Kaimowitz has developed a collaborative of actuaries in a business model that has been referred to as “the Uber of actuaries”. In this interview with BizNews, he shares the details of his start-up success, with tips for other aspirant entrepreneurs, and he explains how collaborations like Virtual Actuary can be applied across sectors. – Jackie Cameron
Adi Kaimowitz on his business idea:
We’re a group of actuaries that work to service the life insurance and investments in the banking sector. How I came about this was, I had spent 10 years working as a recruiter of actuaries. Unfortunately, digitisation websites like LinkedIn made it very difficult for recruiters to make a living. I had nurtured a great network of actuaries and what does one do with a network of actuaries? It took about two years to pivot and a few different ideas. The idea that really stuck was ‘we’ll form own consultancy and we will operate in a more efficient way, using technology to service the clients. 

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