Free Bird Institute Limited (FBL) engaged a firm out of New Zealand to undertake an assessment and review of its Inhouse insurance scheme in November 2017. Eriksens Global (Eriksens) is a totally independent firm of actuaries and investment strategists with offices in Auckland and Wellington,

New  Zealand and have strategic partners based in Australia.

The firm was engaged primarily to assess the premiums and liabilities of the self-insured cover for international students studying in Fiji who are predominately Japanese nationals and provide recommendations for systems to manage operations, claims assessment and case management. 
Chief Financial Officer, Waisale Iowane, highlighted that it will take on board the comments and recommendations by Eriksens to ensure that the exposure of FBL is kept at a minimal. “It is also pleasing to note that despite the minor setback we encountered in August 2017 relating to two of our clients, this scheme continues to be profitable,” he added.