Broadstone, a UK financial services consultancy, has acquired actuarial analytics firm ExactVAL to strengthen its capabilities in the fast-growing bulk purchase annuity (BPA) market.
The move will allow Broadstone to offer more comprehensive de-risking support to pension trustees and insurers, capitalising on rising demand for pension scheme de-risking solutions.
ExactVAL delivers actuarial valuations and cashflow modelling services that enable life insurers to more efficiently price and execute BPA transactions.
These capabilities will now be integrated into Broadstone’s Insurance, Regulatory and Risk Advisory division, which supports both life and non-life insurers across the UK market.
The financial terms of the deal have not been disclosed.
Broadstone CEO Tony Gusmao said, “The ExactVAL team bring high‑quality, specialist expertise to Broadstone, bolstering our proposition to the life insurance market, at this time of unprecedented demand for de‑risking solutions.”
ExactVAL managing director Bill Harris added, “Broadstone’s growth ambitions and high‑quality offering in the insurance sector make this an exciting opportunity for ExactVAL to increase our capacity and take our services to a wider market. Leveraging our shared expertise and values, we can help life insurers price more accurately and efficiently, and increase their ability to perform more transactions, at a time when the market is seeing unprecedented demand for pension scheme de‑risking.”
Keep up with all the latest FinTech news here here
Copyright © 2025 FinTech Global
