To manage your risk, you have to be able to measure it.
Otherwise, you can’t know if your organization’s strategy is effective. Taylor & Mulder provides the experience and expertise to help you make the right choices, and the expert opinions to help you steer in the right direction.
Taylor & Mulder is an independent property & casualty actuarial consulting firm providing actuarial services to a wide variety of clients in a timely manner for a reasonable cost.
Our clients include insurers, reinsurers, insurance departments, governments, self-insurers, captives, risk retention groups, brokers, accounting firms, and non-insurance corporations. If you want personalized services, need expert advice, and must have cost-effective services delivered with the highest professional standards
Predictive Analytics Videos
Predictive Analytics Services
Statistical reserving models
Derive higher accuracy in reserving estimates with better business intelligence about which segments are generating more claims.
Individual claim reserving
Determine Company reserves at the individual claim level
Statistical reinsurance evaluation
Evaluate reinsurance bids to enhance negotiations and determine the optimal retention for the price.
Main effects rate models
Use GLMs to develop a rating model to improve underwriting performance.
Update existing rate models
Use advanced statistical techniques to reap the benefits of a next generation rating model without causing excessive policyholder dislocation.
Scoring models
Develop proprietary scoring models to enhance rating procedures.
Territorial models
(clustering, geospatial, geodemographic) – Analyze territories using a variety of advanced techniques.
Telematics
Enhance automobile models with telematics to optimally predict the riskiest driving behaviors.
Data mining models
We can assist in developing models to mine for valuable data that could improve company processes.
Underwriting models
Model underwriting results to figure out which segments predict the best underwriting results.
Other advanced modeling techniques
for any of the above purposes (e.g., clustering, dimensionality reduction, splines, regularization, tree-based models, neural networks, etc.)
Catastrophe modeling
We can assist in the development of stochastic catastrophe models for some catastrophes.
Model evaluation and assistance with filing issues
We are experts in regulatory review of statistical models. We can assist with attaining regulatory approval of rating models by evaluating the model, identifying major issues, recommending easy solutions, and developing materials to clearly communicate model assumptions to ensure quick approval.
Statistical reserving models
Statistical reserving models
Individual claim reserving
Individual claim reserving
Statistical reinsurance evaluation
Statistical reinsurance evaluation
Main effects rate models
Main effects rate models
Update existing rate models
Update existing rate models
Scoring models
Scoring models
Territorial models
Territorial models
Telematics
Telematics
Data mining models
Data mining models
Underwriting models
Underwriting models
Model evaluation and assistance with filing issues
Catastrophe modeling
Other advanced modeling techniques
Predictive Analysis Services
Predictive Analysis Training
Find out what we can do for you
What Our Clients Say
Patricia Parker
City of Hampton, VA
David Harmer
Virginia Transit Liability Pool
Jonathan McGuire
Philadelphia Parking Authority