The following is a non-exhaustive list of actuarial services offered:


Loss Reserving

  • Unpaid loss and expense reserve reviews
  • Diagnostics testing
  • Scenario modeling
  • Stochastic reserve modeling
  • Reserve peer reviews and assumption validation

Ratemaking

  • Ratemaking support
  • Overall rate indications and loss cost analyses
  • Classification ratemaking
  • Multivariate GLM development and validation
  • Rate reviews

Loss Forecasting and Cost Allocation

  • Future year loss forecasting for budgeting
  • Short-term v. long-term expected payments
  • Allocation of insurance costs, or dividends, to business units, cost centers, operating divisions, or store locations using actuarial methodologies.

Analytics

  • Claims level analytics
  • Predictive modeling and classification
  • Scenario modeling
  • Simulations
  • Data visualization

Review, Training, and Education

  • Second opinions
  • Peer reviews
  • Method and assumption reviews
  • Training
  • Education

Other Common Services

  • Audit support
  • Special studies
  • Financial examination support
  • Risk transfer analysis
  • Development of actuarial tools

Independent actuarial support for organizations across the general insurance and risk landscape.


Self-Insured Organizations

Unpaid loss and expense estimates, loss forecasting/budgeting, cost allocations, and claims analytics.

Captives & Risk Retention Groups

Independent actuarial support for captive programs, including reserve analyses, cost allocation, and feasibility work.

P&C Insurers & Reinsurers

Loss reserve analyses, including NAIC Statements of Actuarial Opinion, ratemaking support, and peer review.

Governmental & Public Entities

Loss projections, reserve analyses, and risk quantification for state and public sector risk pools.

Audit Firms & Regulators

P&C actuarial support for audits and regulatory exams, including evaluation methods and assumptions or independent estimates.

And Many Others...

We can help any organization that retaines, evaluates, or needs insight into general insurance risk.

Hands-on experience across most P&C lines of business, including:


Workers' Compensation

Excess workers' comp, large deductible programs, self-insured retentions, and state fund analysis.

Personal Lines

Personal auto, homeowners, and related personal property and casualty coverages.

General Liability

Commercial general liability, premises, products, and long-tail casualty lines.

Professional Liability

Medical malpractice, E&O, D&O, and other professional liability lines.

Commercial Auto

Fleet programs, trucking, commercial auto liability, and physical damage.

Specialty & Warranty

Vehicle service contracts, warranty products, and other specialty program pricing and reserve analysis.