Shaking up the actuarial industry: Backstory of Adi Kaimowitz's 'Virtual Actuary'

JOHANNESBURG — With a background in sales and marketing, and after having made connections with several actuaries over the years, Cape Town-based Adi Kaimowitz had an idea to improve the industry. He saw a gap in the market to offer companies more competitive pricing regarding actuarial services while also enabling actuaries to go on their own and earn more as independent consultants. Subsequently, Virtual Actuary as a business was born, becoming an 'Uber' for actuaries but, as Kaimowitz explains, even better in terms of its operating model. Kaimowitz lives his philosophy by running his business from home. Here then is a fascinating interview with Kaimowitz on why he started Virtual Actuary. - Gareth van Zyl