Our actuaries have decades of experience in the casualty actuarial field working for and providing consulting services to insurance companies and reinsurers. We have experience in every aspect of insurance company operations.
Why Experience Matters
Getting an accurate result can mean the difference between overpricing and underpricing, losing policyholders and money, and maintaining efficiency or succumbing to stagnation. Getting good results goes beyond just knowing the math; changes in the company itself, the industry, and even the entire marketplace can be powerful drivers of business decisions. Knowing the math is important, but it’s even more important to know what the math means.
Lines We Have Experience With
Our actuaries have experience with practically every line of business imaginable. Some areas of in-depth experience include the longer tail liability lines such as hospital and physicians’ and surgeons’ professional liability, products liability, general liability, commercial automobile liability, private passenger automobile liability, homeowners, farmowners, catastrophe insurance, media liability, environmental liability, cyber liability, mortgage guaranty insurance, strike insurance and workers’ compensation.
We have extensive pricing expertise in the rating of all casualty lines including a wide variety of unique and challenging lines of business such as hurricane, wildfire, earthquake, flood, taxicab liability, libel and slander, felonious assault, construction defect, inland marine, mortgage guarantee, surety, fiduciary, crop insurance, personal umbrella, and equipment breakdown, D&O, legal professional liability, truckers’ liability, aviation title, strike insurance and umbrella liability, among others.
Our Services to Property & Casualty Insurance Companies
Our expertise includes:
- Reserve valuations
- Statutory loss reserve opinions
- Predictive Analytics
- Pricing
- Loss forecasting
- Preparation of rate filings
- Reinsurance design
- Commuting reinsurance agreements
- Evaluation of reinsurance transactions for compliance with risk transfer criteria
- Premium deficiency reserve analysis
- Financial modeling
- Cash flow projections
- Product development
- Benchmarking studies
- Due diligence for mergers and acquisitions
- Policy form design
- Management consulting
- Expert Witness testimony