Experience Analysis & Rate Increases

We have significant experience compiling data into a single source to prepare your experience reporting. Almost every insurance company has complicated systems and voluminous amounts of data on their underlying policyholders, and in some cases, the information is on multiple platforms.  

We can prepare customized or pre-packaged reports to track company experience and trends once we have a reliable raw data set. We also develop detailed experience studies to evaluate the longer-term performance of your company’s mortality, morbidity, lapse, or other measures. 

Whether you want to track metrics to report to internal management or evaluate your experience to set assumptions for pricing, projection models, or rate increase filings, we have a vast knowledge of all aspects of analyzing a company’s experience. 

We have performed thousands of rate filings for many different companies and product lines, and our years of experience and interaction with insurance departments allow us to provide valuable insights and results for your business blocks. 

Many companies can benefit from outside assistance with their rate increase filings, whether it’s overflow work that needs to be filed more quickly or optimizing the increase to maintain a fair share of profits.