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The Actuary The magazine of the Institute & Faculty of Actuaries
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Trowbridge Deloitte split

Trowbridge Deloitte, the Australian actuarial arm of big-four auditor Deloitte Touche Tohmatsu, will split in two with the departure of 60 of its general insurance staff. Trowbridge is one of the biggest consultant actuarial groups in Australia although its founder, John Trowbridge, is no longer involved.

The move is believed to be in line with new corporate governance standards, which have raised conflict-of-interest problems for the different divisions of professional services firms. The new organisation will be called Finity Consulting, under the control of the former Deloitte Trowbridge chief executive. The name Deloitte Trowbridge will stay with the life insurance division.