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The Actuary The magazine of the Institute & Faculty of Actuaries

New research centre in Australia

Actuarial research has been given a significant boost with the formation of the Actuarial Research Centre of Australia (ARCA).

‘ARCA will provide the actuarial profession with an outlet to show how their skills and talents can have an important impact on public policy development in Australia’, said Martin Stevenson, president of the Australian Institute of Actuaries.

ARCA board chairman John Trowbridge said: ‘We have been working for some time to get ARCA up and running and are delighted that we’re now in a position to make a positive contribution.’

It is intended that ARCA will be completely independent and create a reputation for the accuracy, depth, and relevance of its research. All research is overseen by a research committee. All ARCA research projects will be collaborative, bringing together experts from industry, academia, and government from actuarial and other fields. ARCA already has research projects under way in the fields of workers’ compensation and ageing.

ARCA is an independent non-profit organisation. It had been originally funded by the Institute of Actuaries and is now seeking support from industry and individuals.

ARCA has announced the appointment of Evan Predavec as its first executive director. ‘I’m thrilled to be joining ARCA at such an exciting time’, said Evan Predavec. ‘ARCA has the potential to make a significant contribution to public policy development in Australia.’

Evan Predavec has had a long career in professional publishing including roles as managing director of Lexis Asia Pacific and vice-president for global product strategy with Lexis Nexis.