Our History
SNG ARGEN has been providing actuarial services for 25 years in its various forms. The firm originated from Genesis Actuarial Solutions (est. 2000) and Arthur Els and Associates (est. 2001) who merged in 2014 to form ARGEN Actuarial Solutions. In 2018 the firm joined forces with SNG Grant Thornton to establish their in-house actuarial Banking & Insurance actuarial function and became known as SNG ARGEN Actuarial Solutions. Our journey of growth and the expansion of our service offerings over time is illustrated here:
Genesis Actuarial Solutions is established providing outsourcing solutions to retirement funds in the UK.
Outsourcing Solutions - Surplus legislation is promulgated. Genesis provides outsourcing solutions to various funds and administrators to implement this legislation.
Outsourced Retirement Fund Appointment - Genesis Actuarial Solutions is appointed as preferred provider by various administrators for outsourced retirement fund project.
Arthur Els establishes the firm Arthur Els and Associates and start building a portfolio of prominent retirement fund clients.
Asset Liability Modelling - Asset Liability Modelling is added to the services offered by Arthur Els and Associates.
Genesis enters Damages field - Genesis enters the "Damages" field of work and is appointed , among others, to the panel of actuaries providing loss calculations to the Road Accident Fund.
S15 Appointment - Arthur Els is appointed by the Regulator as member of S15 Tribunal to oversee compliance with surplus legislation.
Genesis enters African Market - Genesis enters the African market with appointments in Uganda, Tanzania, Botswana, etc. over the course of the next decade.
Namibia - SNG ARGEN is a 40% shareholder in Strategic Actuarial Partners Namibia, an actuarial firm that provides actuarial services to a large portion of the Namibian market.
CERA Certified - Arthur Els becomes the first actuary is South Africa to qualify as a Certified Enterprise Risk Actuary (CERA).
Genesis and Arthur Els merges to form ARGEN Actuarial Solutions.
SNG Grant Thornton buys a stake in ARGEN to form SNG Argen Actuarial Solutions as their in-house actuarial function.
A team of specialists is created to provide banking solutions to SNG Grant Thornton clients.
Audit Support - Insurance specialists are appointed to provide audit support to SNG GT's Life and General Insurance clients.
Audit and Advisory Services - The Banking and Insurance team starts providing both audit and advisory services to the Auditor General of South Africa and other Grant Thornton firms in the rest of Africa and later also for Grant Thornton UK.