The market doesn't wait for you to catch up.
A competitive simulation for general insurance professionals. You and your team run an insurer—the calls on pricing, underwriting, reinsurance and capital—and the accountability lands on you.
The simulation
Multiple companies. One market.
Providence runs teams through a series of competitive rounds in a general insurance market. Each round, you set pricing, manage your reinsurance program, allocate capital and respond to claims. Other companies in the cohort are making the same calls.
The market responds. Combined ratios move. GWP shifts. Lines of business you underpriced last round start hurting you now.
Who commissions Providence
Built for the people who develop their teams.
Professional bodies
A practical simulation format for CPD programmes, member education and events—across every function in insurance.
Insurer L&D and capability teams
A structured, facilitated learning experience for insurance cohorts—connecting operating decisions to financial outcomes.
Universities and education partners
A practical insurance learning experience that links decisions to consequences—built for curriculum and executive programmes.
Who participates
Most people only ever see their corner of the insurer.
In a large insurer it's easy to spend years deep in one function and never see how the whole business actually makes money. Providence connects the parts—how buying and selling risk, pricing it, reserving for it and holding capital against it come together into the numbers an executive team decides on.
Core insurance functions
Actuarial, pricing, underwriting, claims, reinsurance and risk management—the teams closest to the risk and the numbers. Providence shows how a decision in one area moves outcomes across all the others.
Finance, compliance and support functions
Finance, FP&A, compliance, legal, technology and HR teams inside an insurer who need the full picture of how the business works—not just their part of it.
Professional development and education
Professional bodies, graduate cohorts, rotation programmes and universities. A structured simulation that connects insurance decisions to financial consequences—before the functional silos set in.
How it works
Decisions have consequences. Providence makes that visible.
Each round, teams make decisions about pricing, underwriting appetite, portfolio growth, claims response, reinsurance and capital. Providence translates those choices into premium volume, claims experience, combined ratio, capital pressure and market position.
Teams see what they chose, what changed and what trade-offs they missed. A facilitator controls scenario settings, market events and debrief focus.
Providence is built around visible assumptions and transparent consequences. It is not a black-box scoring game.
Portfolio scope
Initial scope and roadmap.
Providence is initially designed around Home and Motor portfolios.
Future portfolio expansion is planned, starting with Private Health Insurance, followed by CTP, Liability and Commercial lines.
Pilot cohorts
Pilot cohorts now forming.
Providence is ready for early pilots with insurers, professional bodies and education partners. Getting in touch opens a conversation—nothing more. We'll work out together what a Providence pilot could look like for your organisation.
If you contact Advera Labs by email, the information you provide will be used only to respond to your enquiry.