Taylor Fry


Daniel Smith


About Daniel

One of Taylor Fry’s original recruits, Daniel joined shortly after the company opened its doors in 1999, and has held several internal management positions, including Director.

Daniel’s 25 years’ experience in general insurance and accident compensation extends from small bespoke pieces of work to large projects with fixed and often tight deadlines. He is currently Appointed Actuary to two insurance companies in Australia and New Zealand.

Daniel wants his clients to reap the benefits of detailed analysis and modelling through outputs that are practical and can be implemented into the operations of the business.

Daniel was a member of the Actuaries Institute Council from 2009 to 2014 and was the President of the Actuaries Institute in 2014.


Daniel has led a broad range of projects including liability valuations for most classes of insurance business, costings of accident compensation scheme design changes, statistical pricing for short tail lines of business, statistical modelling of claims outcomes in compensation schemes, financial condition reports and various reviews of builders’ warranty insurance.

Customer Insights

Transport Accident Commission (TAC) – Daniel has undertaken a detailed analysis of transport accidents in Victoria and assisted the TAC enhance their understanding of the causes of accidents leading to CTP claims with the ultimate aim of improving the targeting of road safety campaigns. He has also undertaken subsequent analysis which will be utilised to set and assist the claims management process.

Insurance Liability Valuation

Appointed Actuary to two general insurers – Advice includes provision of the statutory Insurance Liability Valuation Report and Financial Condition Report, performance monitoring, inter-valuation analyses of liability reserves, and the structure of reinsurance arrangements.

Policy analysis and Scheme Design

Victorian Government – Daniel was the actuary advising the Hanks Review of the Victorian workers’ compensation legislation which required the assessment of the financial impact of proposed changes and consideration of potential flow-on effects of changes to the scheme design.

Builders’ Warranty – Daniel has provided the costings for scheme changes to builders’ warranty insurance in both Victoria and Queensland.


Daniel has written several papers to Actuaries Institute seminars on a range of topics including asbestos, risk management, claim segmentation, and builders’ warranty.



(03) 9658 2306 | Melbourne


Areas of expertise

  • Insurance Liability Valuation
  • Policy analysis and Scheme Design
  • Customer Insights


  • Graduate of the Australian Institute of Company Directors (2012)
  • Fellow of the Institute of Actuaries of Australia since 1999
  • Fellow of the New Zealand Society of Actuaries since 2010
  • Bachelor of Science (Statistics), Monash University (1990)

Professional activities

  • President of the Institute of Actuaries of Australia (Actuaries Institute) (2014)
  • Member of the Council of the Institute of Actuaries of Australia(Actuaries Institute) (2009 – 2014)
  • Member of the Actuaries Institute Audit and Risk Committee (2009 – 2013)
  • Member of the General Insurance Practice Committee of the Actuaries Institute (2007 – 2012)
  • Convenor of the Natural Disasters Committee of the Actuaries Institute which responded to the Natural Disasters Insurance Review 2011
  • A member of the Flood Working Group of the Actuaries Institute preparing papers to the XVIth General Insurance Seminar (2008) and the 2009 Biennial Convention
  • Convenor of the Actuaries Institute Accident Compensation Sub-committee (2003-2006)