Insurance regulation
A Case for Regulating Insurance Commission in Botswana
Thursday, 5 November 2026 at 2:00 PM CAT on Microsoft Teams.
Register for webinarActuarial consulting · Data analysis · Insurance systems
Actuarial and data analysis forbetter decisions.
We advise insurers, banks, healthcare organisations and public institutions on valuations, reporting, risk, data analysis and systems. We turn operational, financial and clinical data into evidence that management can review and use.
GaboroneJohannesburgMulti-market delivery
Current work and research
Technical work for insurance, healthcare and public policy.
Research
National Health Insurance: Actuarial Perspectives on Sustainability in Botswana
A practical framework for financing, purchasing and protecting the role of existing medical aid schemes.
Upcoming webinar
A Case for Regulating Insurance Commission in Botswana
The session examines evidence on broker services, insurer costs, commission structures and market outcomes, and then considers whether there is a case for regulation and presents possible ways to approach it. Thursday, 5 November 2026 at 2:00 PM CAT.
Technical session
Botswana government bond yield curves
Nelson-Siegel smoothing and practical construction of IFRS 17-ready risk-free curves in a thin market.
Why Empirica
Technical work, clearly explained.
We work directly with management, finance, technology teams, auditors and regulators. Our models and reports are built to be understood, reviewed and used.
Our expertise
Actuarial, financial and technology services.
IFRS 17 delivery
Valuation, reporting, controls, reconciliations and audit support across GMM and PAA, from source data through financial statement disclosures.
Actuarial advisory
Practical support for pricing, product development, reserving, capital management, asset-liability management and risk decisions.
Insurance technology
Policy administration and financial modelling solutions shaped by real operational, actuarial and reporting requirements.
Banking and credit risk
IFRS 9 credit modelling, validation, stress testing and decision support for banks and other lenders.
Data analysis, healthcare analytics and morbidity modelling
Analysis of operational, financial, claims, utilisation and clinical data. Our work includes morbidity modelling and experience studies that help clients identify risk drivers, test interventions and improve clinical outcomes.
Public policy and national programmes
Actuarial research, financial modelling and delivery support for health reform, social protection and other evidence-led national priorities.
Selected work
Examples of recent work.
Selected, anonymised examples spanning multiple organisations and markets. Names are omitted to protect client confidentiality.
Life insurance01
Multi-market IFRS 17 delivery
Controlled GMM and PAA implementation support across life insurance operations in Botswana and Lesotho, including historical reconstruction, discount-rate modelling, reconciliations and audit support.
General insurance02
Valuation through audit
IFRS 17 valuation and audit support for a short-term insurer, with a focus on clear evidence, responsive review and dependable reporting.
Healthcare03
Morbidity and outcomes analysis
Analysis of healthcare utilisation, claims experience and morbidity patterns to identify cost and risk drivers, test interventions and help clients improve clinical outcomes.
Public policy04
National Health Insurance research
Published actuarial research on NHI funding, purchaser-provider structures, benefit design, medical-aid participation and the foundations for sustainable universal health coverage.
National transformation05
BETP health-system reform perspectives
Empirica has contributed financial and actuarial perspectives to health-system reform discussions associated with Botswana’s Economic Transformation Programme.
Insurance technology
Systems developed from insurance work.
Empirica’s systems are designed around the controls, data and reporting journeys that insurers across markets actually manage. Technology and advisory work together, reducing hand-offs and making implementation more practical.
Discuss your systems roadmapPolicy administration
PAS12
A practical policy-administration platform for modern insurance operations and product delivery.
PAS12 ENGINE
IFRS 17 financial modelling
PAM1000
GMM and PAA modelling and reporting support designed to strengthen control, repeatability and decision support.
PAM 1000 IFRS 17 Tool
Product views are illustrative. PAS12 and PAM1000 are configured by insurer, entity, reporting basis and market.
About Empirica
An actuarial practice working across markets.
Empirica Actuaries is an actuarial, advisory and insurance technology firm with offices in Gaborone and Johannesburg and experience working with organisations in several markets. Our team works with insurers, banks, healthcare organisations and public-sector decision makers.
Our approach is deliberately practical: understand the institution, build a traceable evidence base, communicate the judgement clearly and stay close through implementation.
Contact
Discuss an actuarial, data analysis or systems engagement.
Email us with the organisation, question, available data and timing. We will confirm how actuarial analysis, morbidity modelling, broader data analysis or systems support can help and propose the next step.
info@campempirica.com