Actuarial expertise for agile decision-making
We believe that actuarial consulting is more than just “crunching numbers.” Our clients look to us to not just find the right number but to be trusted advisors on all related aspects of their business. Many clients leverage our ability to provide practical and effective advice outside of the traditional actuarial role in areas such as finance, underwriting, claims, loss control, and sales.
Because of our broad experience across the industry supporting all sides including insurers, state regulators, self-insured entities, MGAs, and more we are able to support our clients. Further, many of our consultants are or have been chief actuaries, underwriters, data scientists, and risk managers.
Our actuarial consulting covers virtually all lines of property and casualty exposures.
We provide services to insurance carriers and state regulators, giving us a broad exposure to the realm of pricing, reserving, and products from “both sides of the fence” that is not available to many actuaries. Our clients benefit from our unique and informed perspective. Whether you need assistance developing and managing a line of insurance, determining the appropriate premium to charge, filing rates with regulators, or knowing how much you should have in reserve, our group of insurance and risk experts can help.
Our formation work typically includes feasibility studies, which project the historical claims costs for the parent and comparing the projections to benchmark rates charged in the competitive market and provide recommendations related to excess insurance/reinsurance structures, limits, retentions, and coinsurance percentages.
We provide assistance to insurance regulators across the United States. Our experience providing examination assistance, rate filing reviews, legislation and policy analyses, and troubled company assistance gives us a thorough understanding of the property, casualty, and health actuarial needs of state insurance departments and other regulatory agencies.
We are experienced insurance consultants and actuaries with a strong understanding of program administrators, InsurTech solution providers, and the work that they do. We also help facilitate introductions among fronting carriers, reinsurers, InsurTech solution providers, policy administration companies, third party administrators, audit support providers, and additional experts that are important to the successful implementation and operation of insurance programs.
We are risk and insurance specialists providing actuarial and risk advice to virtually every corner of the insurance marketplace, from insurers to services providers to regulatory agencies. Our expertise stretches across almost all lines of business within the insurance industry.
Our deep industry knowledge allows us to tailor our solutions to your individual needs and circumstances. Finally, our regulatory and product management expertise will help you stay in compliance and achieve approval from state officials for these often challenging technical projects.
We have a team of experienced product development and regulatory compliance specialists ready to handle your county-wide filing needs, expand your programs into new states, or coordinate your annual rate filings.