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Adi Kaimowitz

Founder and Chief Executive at Virtual Actuary | LinkedIn Top Voices 2024

Adi Kaimowitz is a South African entrepreneur and the founder and CEO of Virtual Actuary, a pioneering actuarial consulting firm often referred to as the "Uber of actuaries" due to its innovative, collaborative, and tech-driven business model. Below is an overview of his achievements and milestones:

Achievements and Milestones

Founding Virtual Actuary

  • Adi co-founded Virtual Actuary in 2017 with his wife Aliya and a team of experienced actuaries. The company operates as a global collaborative network of actuaries, providing services to insurers, reinsurers, banks, and financial institutions.13
  • The business leverages digital technology to connect actuaries with clients, offering consulting services in a more efficient and scalable manner.12

Business Growth

  • Within three years of its founding, Virtual Actuary achieved significant success, generating R35 million in annual revenue by 2021.1
  • The company expanded internationally with subsidiaries in the United States and Australia, focusing on InsurTech and Software-as-a-Service (SaaS) solutions to scale its operations.13

Industry Recognition

  • Adi has been recognized for his contributions to innovation in the actuarial industry:
    • Finalist for several awards, including the ABSA Bank Jewish Achievers Founder of the Year (2019–2020) and the National Business Awards Entrepreneur of the Year (2019).4
    • Speaker at numerous global conferences on topics such as disruption in the actuarial world, entrepreneurship, and the Fourth Industrial Revolution.4

Technological Innovation

  • Virtual Actuary is developing proprietary software and exploring Virtual Reality (VR) integration to further digitize actuarial consulting processes. This aligns with Adi's vision for advancing the industry through technology.5

Thought Leadership

  • Adi authored "Slaying Giants in the Mega Gig Economy", a book that outlines strategies for small businesses to compete effectively against larger corporations.5
  • He has been featured on various podcasts, webinars, and publications discussing entrepreneurship, innovation, and the future of work.45

Adi Kaimowitz's leadership has positioned Virtual Actuary as a disruptor in the actuarial field, blending technology with traditional consulting to create a scalable and innovative business model.

Highlights

EP 08 - Adi Kaimowitz - Virtual Actuary - The Instinct to Act Without ...
EP 08 - Adi Kaimowitz - Virtual Actuary - The Instinct to Act Without ...
Feb 3 · bizcommunity.com
#StartupStory: Virtual Actuary helps to connect actuaries
#StartupStory: Virtual Actuary helps to connect actuaries
Feb 17 · biznews.com
How the 'uber' of actuaries has developed into a R35m/year revenue ...
Jun 27 · startupgrind.com
From Idea to Paying customers with Virtual Actuary CEO Adi ...
From Idea to Paying customers with Virtual Actuary CEO Adi ...

Related Questions

What inspired Adi Kaimowitz to pivot from recruiting actuaries to starting Virtual Actuary?
How has Virtual Actuary's business model evolved since its inception?
What are some of the biggest challenges Adi Kaimowitz faced while building Virtual Actuary?
How does Virtual Actuary's collaboration with data scientists and insurtech programmers enhance its services?
What makes Virtual Actuary's approach to actuarial consulting unique compared to traditional firms?
Adi Kaimowitz
Adi Kaimowitz, photo 1
Adi Kaimowitz, photo 2
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Location

City of Cape Town, Western Cape, South Africa